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Barren. A small neighborhood subdivision that was never completed is where you’ll find rental opportunities that are priced in the sixty one cents per square foot range. There are only two massive homes in this area which overlooks North Scottsdale and Cave Creek from atop a mountain preserve just above the North 101 Loop near cave creek road. Sitting here in my car blogging on my iPhone, I find it a bit sad to see the lingering remnants of a badly injured economy. One day these homes will have companions when the bludgeoned builders start developing again.
However, if you are looking for a home to rent, you can know the value per square foot that’s out there!
Compare a 3200 square foot home under 2000.00/month to the now-leasing project at Sotelo in Tempe and you’ll wonder why they would be booking tenants at nearly $1.00/ft.
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Jon Griffith
Born and raised in Phoenix, Arizona Member of the Scottsdale Association of Realtors National Association of Realtors (602) 312-3262
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