Featured Property: Biltmore Estates
We are excited to take you inside one of the most impressive mansions in Arizona. Welcome to 41 Biltmore Estates! This grand estate sits on a stunning acre golf course lot at the iconic Arizona Biltmore Resort with spectacular views of Camelback Mountain and Piestewa Peak. Capturing the essence of a resort that has entertained presidents, dignitaries, and Hollywood's elite, the home was designed in an architectural style reminiscent of old-world opulence. The Details The minute you enter this impressive estate, you are met with exquisite details. Only the finest craftsmanship and materials fill its voluminous 17,000+ sq ft of living space. Experience illustrious beauty at every turn. Meander through halls and rooms crafted with intricate tile patterns, hand-carved wood wainscoting, dramatic tray ceilings, wood beams, and terracotta tile floors. Well-placed sconces and chandeliers create a warmly elegant ambiance in every corner of this richly detailed dwelling. Here are the full details on everything this stunning property has to offer: 9 beds/ 9 full baths/ 4 half baths 17,819 square feet 45,065 square foot lot 3 levels Old World craftsmanship with ultra high-quality materials 2 prep kitchens + 1 full kitchen Custom walk-in wine cellar with tasting room 10 Seat movie theatre with 4k projector Full gym Custom bar room Custom library/office Privately gated with paver motor court Private views of Biltmore Adobe Golf Course Camelback Mountain and Piestewa Peak views Extensive balconies Maids quarters Brick domed ceilings throughout Game Room Walking distance from the famous Biltmore Hotel Resort style pool Elevator Entertainers Paradise Built for entertaining, the home has three levels comprising three fully-equipped kitchens, a handsome study, a billiard room and private bar, a three-story Moroccan wine cellar, a tasting room, a plush in-home theater, an elevator, and more. The upper floor's balcony provides astonishing views of the mountain and golf course. An expansive, heated pool, tile-covered patio, and lush garden with statues and water features offer a sense of privacy and also a luxurious retreat. Start Your Next Story Timeless. Grand. A place for enjoying, relaxing, celebrating, and creating lasting memories with friends and family. We would be honored to show you this incredible property. Contact us to set up a showing, or let’s talk about what other properties you are in the market for. You have many choices when it comes to real estate, and our amazing advisors here at the Bruske Team would love to show you how easy listing or buying a home can be. With our expertise and the extensive network that Engel & Volkers affords us, we assist our clients through each step of the process, no matter the location. Have questions? We have the answers. Let's talk today.
Falling Interest Rates; Great for Buyers AND Sellers
The falling interest rates this year are great news for buyers and sellers. We love that we get to share this news and love what it will do for the real estate market here in the Valley. Interest Rates Fewer things affect the real estate market more than rising and falling interest rates. When interest rates are low, mortgages become more accessible and there is an increase of buyers into the market. Lower rates have a positive effect on home affordability and we see our buyers able to increase their target price range. On the flip side, rising interest rates mean higher mortgage payments and the market does slow down as buyers have to look for something more affordable to fit their target budget. With reduced borrowing power, buyers have to be careful when selecting their next home. One thing we know for sure, buyer behavior and market trends can be determined by what is happening with interest rates. What Buyers Will Love The two main struggles facing buyers today are high interest rates and low inventory. However, most experts offer a positive outlook for 2024. We can expect to see falling mortgage rates provide relief to the affordability issues buyers have been faced with. In addition, an increase in supply should help home prices to stabilize. New home construction continues to grow adding more options to the market and with the economy cooling down, the predictions for what the Fed will do suggests good news for 2024. Buyers do not need to be afraid, there is still a great chance for success especially with an experienced agent. What Sellers Will Love Sellers stand to benefit from the low inventory in the current market. However, sellers are challenged because they will need to find a place to go once they’ve sold their current home. That means buying something in the current market with a higher interest rate. The majority of homeowners with a mortgage have a rate below 6%, some even as low as below 3%. While many potential sellers are staying put for now, 2024 shows promise that this may be the year homeowners grow tired of waiting it out. As we start to see interest rates fall, homeowners will have a hard time resisting the urge to tap into the equity they have gained on their home over the past few years thanks to the double digit home appreciation we have experienced. Sellers have the opportunity to hit the sweet spot as demand increases in the spring and inventory is still low, making every new home on the market extremely desirable. Let's Talk If you are on the search for your next dream home, The Bruske Team has the network and experience to show you all the best properties (even some off market) that the Valley has to offer. Sellers can rest assured as well, we guarantee we can find you the right buyer who will love your property and allow you to move on to your next great adventure. We know you will love working with us, and we can’t wait to get started! Contact us today.
Around Phoenix and Scottsdale, January 2024
January is a time for setting goals, creating budgets, setting up action plans and strategizing to achieve more success than ever before. The to-do lists and calendars are out and filling up fast, and the year looks bright! There is no time like the present and this brilliant New Year has so much to offer, especially here in the Valley of the Sun. The opportunities to enjoy life and soak up all the luxury AZ has to offer are endless. The Bruske Team is set to achieve great things this year and as we fill out our calendars, we are excited to include unmatched events happening right here in the Valley. We invite you to join in! Barrett Jackson: January 20th thru January 28th Known as the World’s Greatest Car Collectors Auction, car enthusiasts have been traveling to Scottsdale for over 50 years to attend Barret-Jackson. Held at Westworld in North Scottsdale this is an amazing event where the world’s most sought-after, unique and valuable automobiles cross the block in front of a global audience. If you have never experienced a world-class automotive lifestyle event, this is your chance. Details inducing schedules and ticket information can be found on the Barret-Jackson website. Waste Management Phoenix Open: February 5th thru February 11th “The Greatest Show on Grass” has legendary status. No other stop on the PGA tour combines great golf with great weather, electric atmosphere, outstanding entertainment and luxury. This is a must see! There are so many ways to experience the iconic events at the Phoenix Open. Plan to check out the famed 16th hole coliseum, pack your green for Saturday’s “green out”, and get ready to party with the best in the Coors Light Bird’s Nest. However you chose to join in on all this event offers, you will soon discover why the Waste Management Phoenix Open is considered the People’s Open. Visit the official website here. Cactus League Spring Training Baseball in Arizona is for more than just the die-hard fans. Gorgeous stadiums, beautiful weather, and fun entertainment lend themselves to anyone who loves sunshine and good times. For real baseball fans, spring training is an opportunity to see baseball in a unique way. With 15 teams across ten stadiums, fans are given the opportunity to see all their favorite players up close and even round the bases after the games. With opportunities to see all-stars and amazing baseball while picnicking on the outfield grass and enjoying the Scottsdale nightlife after the games, this is an experience your family and friends will not soon forget. Get tickets and plan your spring training experience today. See You There! The Bruske Team looks forward to seeing you at some of the best events this year. We would love to show you around our home town. There are so many amazing neighborhoods to see. If you are ready to “live on vacation,” we can find you the perfect home right here in the Valley where you can enjoy luxury every day. Contact us today, and let’s start living our best lives!
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