Gates present in residential communities garner conflicting opinions. The naysayers are typically the ones outside who distain the perceived snobbery of those who live behind them; however, the reasons for them are quite compelling regardless of which side of the transponder your perspective is viewed.
For the homeowner inside a gated community, gates provide an aesthetic arrival experience often with a courteous and welcoming gate host. They provide a sense of security and quiet enjoyment without the intrusion of personal solicitations or nefarious visitors. Gated communities also have common areas that are typically better improved and maintained since these areas are privately maintained. Private maintenance reflects a higher pride of ownership and avoids the reliance on a municipality or county for maintaining parks, landscaped roads, road repairs and the like. Neighbors, not taxpayers, are financially vested in the quality of common areas.
Welcome Home! – The lovely entry gate at Eagles Nest in Fountain Hills
Nearby neighborhoods to gated communities also benefit. Gated communities contribute to the tax base of the larger community – often more than non-gated communities – without the need for public funds. The municipality collects taxes, but does not expend those dollars maintaining private infrastructure. The reduction in crime in these areas also enables municipalities to direct police resources more effectively elsewhere. Gating the entrance to a neighborhood often reduces the instance of gating individual driveways. This improves emergency response time and adds to the aesthetic appeal of streetscapes. Lastly, the home price premium within gated communities often alleviates the need for higher building densities which reduces vehicular traffic and enables development to be less intrusive into the land.
Eagles Nest in Fountain Hills is an excellent example of a well-executed gated community supported by its residents as well as the greater Fountain Hills community. Eagles Nest is one of the lowest-density residential developments in the area and it’s hillside location preserves much more of the natural landforms visible from the city.
Gated communities can and usually do prove valuable where a market exists for those seeking this amenity. Do you live in a gated community?
Newspapers seem to be notorious for making the bad sound worse and the good sound better, so what is the REAL story with recent reports of the Arizona real estate recovery? The S&P Case-Shiller Index recently reported housing price gains in all but one of the metropolitan areas in the index. Phoenix has gone from bad to one of the leading cities in the index seemingly overnight.
Based upon the market “tea leaves” we follow, this news is not overblown this time; in fact, we’re surprised it took this long for the press to realize what was happening. For the past 18 months or so, residential sales activity has been quite brisk in the region and new foreclosure activity has declined substantially. The latter has kept more homes from hitting the market and the result has been a rapidly tightening supply and price appreciation. The improving market has also improved economic prospects for many households and once-pending strategic defaults are returning to performing loans or legitimate sales.
The best indicator of the declining foreclosure trend continuing is in the marked decrease in the notices of trustee sales. These portend future property seizures by banks, so these numbers are good leading indicators for the near term.
The last bank-owned lot sale in the affluent Fountain Hills community of Eagles Nest closed during the first quarter, and normal buyer traffic has returned to the marketing center. New home construction plans are once again arriving for design review and several new custom homes are under construction. Eagles Nest developer lot sales activity during the second quarter have been the best in four years.
Nothing stimulates future success better than prior success. The momentum of the recovering market is real and gaining steam with each passing month. Wouldn’t you agree?
The spectacular geiser in Fountain Hills has been a popular venue for events and holiday celebrations, and this fourth of July will be no disappointment. The celebration this year features (a Fountain Hills first) a nighttime skydiving drop into Fountain Park by the Arizona Skyhawks Parachute Team and musical entertainment by local favorite the Aging Hipsters who will open for the AZ Blues Project band.
Entertainment will also include a bounce house, fun slide, and petting zoo for the kids, a hot dog eating contest, food and merchandise vendors, as well as beer and wine provided by our local VFW Post #7507.
The event is from 5:00 p.m. until 10:00 p.m. in Fountain Park near the performance pad.
As the real estate market ebbs and flows, it’s great to see new custom homes springing up in the gated custom lot community of Eagles Nest. Located on the eastern slopes of the McDowell Mountains at the end of Golden Eagle Boulevard in Fountain Hills, this custom lot community is experiencing continued building activity.
At the end of the first quarter of 2012, Eagles Nest has twelve completed homes as well as five homes under construction and two in the design review phase. That’s great news.
I love watching a community come to life. It starts with the “blank slate” stage, where engineers and land planners carefully design the community on paper and the plans go through the planning and zoning and permitting process and street names are chosen and home sites are designed. Next is the “early development” stage, where roads are made, street signs are added along with monument signs and community amenities. Finally comes the selling of custom home sites and the building of custom homes with residents living in the community.
For me it’s so fun to be a part of the process, to watch a carefully planned custom lot community develop into a beautiful neighborhood in which residents reside. With awe-inspiring views of the surrounding mountain ranges, Eagles Nest provides families with sophisticated living and wide-open space.
Eagles Nest is nestled in a natural desert setting with native wildlife, abundant desert foliage, hiking trails and rolling terrain. To learn more, visit www.eaglesnestliving.com.
Even though many of our winter visitors left the state due to increasing temperatures, our buyers are still here searching for the great deals. Lot sales in Eagles Nest are priced right, which means there is movement, even during these warmer months. The gated custom lot community of Eagles Nest is located on the eastern slopes of the McDowell Mountains at the end of Golden Eagle Boulevard in Fountain Hills, Arizona.
With building activity as well as sales activity continuing in Eagles Nest, this is the community to visit. A public walking trail is incorporated into this gated community, giving access to McDowell Mountain Regional Park and its miles of trails, offering endless recreational opportunity to enjoy the Sonoran Desert.
Eagles Nest is nestled in a natural desert setting with native wildlife, abundant desert foliage and rolling terrain. To learn more, visit www.eaglesnestliving.com.