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        <Name>Scottsdale Resale Home Market Trends for April 2008</Name>
        <Summary>South Scottsdale, North Scottsdale Real Estate Market Trends</Summary>
        <Description>&lt;p align="center"&gt;While the Greater Phoenix real estate resale market is heating up with more sales, the Scottsdale home resale market is down. What does it mean?&amp;nbsp;&lt;/p&gt;&lt;p&gt;Below are the most up to date trend graphs for Scottsdale, North Scottsdale and South Scottsdale single family home resale numbers and trend graphs.&amp;nbsp;&lt;/p&gt;&lt;p align="center"&gt;&lt;table width="240" cellspacing="0" cellpadding="0" border="0" style="width: 181pt; border-collapse: collapse;"&gt;&lt;colgroup&gt;&lt;col width="112" style="width: 84pt;" /&gt;&lt;col width="62" style="width: 47pt;" /&gt;&lt;col width="66" style="width: 50pt;" /&gt;&lt;/colgroup&gt;&lt;tbody&gt;&lt;tr height="18" style="height: 14.1pt;"&gt;&lt;td width="112" height="18" style="border-style: solid none double solid; border-color: windowtext rgb(236, 233, 216) windowtext windowtext; border-width: 0.5pt medium 2pt 0.5pt; width: 84pt; height: 14.1pt; background-color: white;" class="xl65"&gt;&lt;b&gt;&amp;nbsp;&lt;/b&gt;&lt;/td&gt;&lt;td width="62" style="border-style: solid solid double; border-color: windowtext; border-width: 0.5pt 0.5pt 2pt; width: 47pt; background-color: rgb(250, 250, 214);" class="xl66"&gt;&lt;p align="left"&gt;&lt;b&gt;April'07&lt;/b&gt;&lt;/p&gt;&lt;/td&gt;&lt;td width="66" style="border-style: solid solid double none; border-color: windowtext windowtext windowtext rgb(236, 233, 216); border-width: 0.5pt 0.5pt 2pt medium; width: 50pt; background-color: rgb(250, 250, 214);" class="xl67"&gt;&lt;p align="left"&gt;&lt;b&gt;April'08&lt;/b&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr height="18" style="height: 14.1pt;"&gt;&lt;td height="18" style="border-style: none solid solid; border-color: rgb(236, 233, 216) windowtext windowtext; border-width: medium 0.5pt 0.5pt; height: 14.1pt; background-color: rgb(238, 236, 225);" class="xl68"&gt;&lt;p align="left"&gt;&lt;b&gt;Greater Phoenix&lt;/b&gt;&lt;/p&gt;&lt;/td&gt;&lt;td style="border-style: none solid solid none; border-color: rgb(236, 233, 216) windowtext windowtext rgb(236, 233, 216); border-width: medium 0.5pt 0.5pt medium; background-color: rgb(250, 250, 214);" class="xl69"&gt;&lt;p align="left"&gt;&lt;b&gt;&amp;nbsp;$&amp;nbsp; 265,000 &lt;/b&gt;&lt;/p&gt;&lt;/td&gt;&lt;td style="border-style: none solid solid none; border-color: rgb(236, 233, 216) windowtext windowtext rgb(236, 233, 216); border-width: medium 0.5pt 0.5pt medium; background-color: rgb(250, 250, 214);" class="xl69"&gt;&lt;p align="left"&gt;&lt;b&gt;&amp;nbsp;$&amp;nbsp;&amp;nbsp; 210,000 &lt;/b&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr height="18" style="height: 14.1pt;"&gt;&lt;td height="18" style="border-style: none solid solid; border-color: rgb(236, 233, 216) windowtext windowtext; border-width: medium 0.5pt 0.5pt; height: 14.1pt; background-color: rgb(238, 236, 225);" class="xl68"&gt;&lt;p align="left"&gt;&lt;b&gt;Scottsdale All&lt;/b&gt;&lt;/p&gt;&lt;/td&gt;&lt;td style="border-style: none solid solid none; border-color: rgb(236, 233, 216) windowtext windowtext rgb(236, 233, 216); border-width: medium 0.5pt 0.5pt medium; background-color: rgb(250, 250, 214);" class="xl69"&gt;&lt;p align="left"&gt;&lt;b&gt;&amp;nbsp;$&amp;nbsp; 557,500 &lt;/b&gt;&lt;/p&gt;&lt;/td&gt;&lt;td style="border-style: none solid solid none; border-color: rgb(236, 233, 216) windowtext windowtext rgb(236, 233, 216); border-width: medium 0.5pt 0.5pt medium; background-color: rgb(250, 250, 214);" class="xl69"&gt;&lt;p align="left"&gt;&lt;b&gt;&amp;nbsp;$&amp;nbsp;&amp;nbsp; 506,500 &lt;/b&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr height="18" style="height: 14.1pt;"&gt;&lt;td height="18" style="border-style: none solid solid; border-color: rgb(236, 233, 216) windowtext windowtext; border-width: medium 0.5pt 0.5pt; height: 14.1pt; background-color: rgb(238, 236, 225);" class="xl68"&gt;&lt;p align="left"&gt;&lt;b&gt;South Scottsdale&lt;/b&gt;&lt;/p&gt;&lt;/td&gt;&lt;td style="border-style: none solid solid none; border-color: rgb(236, 233, 216) windowtext windowtext rgb(236, 233, 216); border-width: medium 0.5pt 0.5pt medium; background-color: rgb(250, 250, 214);" class="xl69"&gt;&lt;p align="left"&gt;&lt;b&gt;&amp;nbsp;$&amp;nbsp; 305,000 &lt;/b&gt;&lt;/p&gt;&lt;/td&gt;&lt;td style="border-style: none solid solid none; border-color: rgb(236, 233, 216) windowtext windowtext rgb(236, 233, 216); border-width: medium 0.5pt 0.5pt medium; background-color: rgb(250, 250, 214);" class="xl69"&gt;&lt;p align="left"&gt;&lt;b&gt;&amp;nbsp;$&amp;nbsp;&amp;nbsp; 266,500 &lt;/b&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr height="18" style="height: 14.1pt;"&gt;&lt;td height="18" style="border-style: none solid solid; border-color: rgb(236, 233, 216) windowtext windowtext; border-width: medium 0.5pt 0.5pt; height: 14.1pt; background-color: rgb(238, 236, 225);" class="xl68"&gt;&lt;p align="left"&gt;&lt;b&gt;North Scottsdale&lt;/b&gt;&lt;/p&gt;&lt;/td&gt;&lt;td style="border-style: none solid solid none; border-color: rgb(236, 233, 216) windowtext windowtext rgb(236, 233, 216); border-width: medium 0.5pt 0.5pt medium; background-color: rgb(250, 250, 214);" class="xl69"&gt;&lt;p align="left"&gt;&lt;b&gt;&amp;nbsp;$&amp;nbsp; 680,000 &lt;/b&gt;&lt;/p&gt;&lt;/td&gt;&lt;td style="border-style: none solid solid none; border-color: rgb(236, 233, 216) windowtext windowtext rgb(236, 233, 216); border-width: medium 0.5pt 0.5pt medium; background-color: rgb(250, 250, 214);" class="xl69"&gt;&lt;p align="left"&gt;&lt;b&gt;&amp;nbsp;$&amp;nbsp;&amp;nbsp; 563,000 &lt;/b&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr height="18" style="height: 14.1pt;"&gt;&lt;td height="18" style="border-style: none solid solid; border-color: rgb(236, 233, 216) windowtext windowtext; border-width: medium 0.5pt 0.5pt; height: 14.1pt; background-color: rgb(238, 236, 225);" class="xl68"&gt;&lt;p align="left"&gt;&lt;b&gt;Scottsdale Condos&lt;/b&gt;&lt;/p&gt;&lt;/td&gt;&lt;td style="border-style: none solid solid none; border-color: rgb(236, 233, 216) windowtext windowtext rgb(236, 233, 216); border-width: medium 0.5pt 0.5pt medium; background-color: rgb(250, 250, 214);" class="xl69"&gt;&lt;p align="left"&gt;&lt;b&gt;&amp;nbsp;$&amp;nbsp; 264,450 &lt;/b&gt;&lt;/p&gt;&lt;/td&gt;&lt;td style="border-style: none solid solid none; border-color: rgb(236, 233, 216) windowtext windowtext rgb(236, 233, 216); border-width: medium 0.5pt 0.5pt medium; background-color: rgb(250, 250, 214);" class="xl69"&gt;&lt;p align="left"&gt;&lt;b&gt;&amp;nbsp;$&amp;nbsp;&amp;nbsp; 262,500 &lt;/b&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/tbody&gt;&lt;/table&gt;&lt;/p&gt;&lt;p align="center"&gt;&lt;font size="1"&gt;Numbers for ASU Polytechnic, Graphed by Artur Ciesielski, CCIM&lt;/font&gt;&lt;/p&gt;&lt;p&gt;&lt;br /&gt;&amp;nbsp;&lt;/p&gt;&lt;p align="center"&gt;&lt;img hspace="0" border="0" align="bottom" src="http://farm3.static.flickr.com/2228/2497837525_acae5acd89.jpg" alt="Scottsdale Home Resale market trends" /&gt;&lt;/p&gt;&lt;p&gt;In Greater Phoenix a total of 5,585 homes sold in April, up from 4,855 last year. &lt;b&gt;Scottsdale's portion to the total was 330, down from 400 last year.&amp;nbsp; &lt;/b&gt;&lt;/p&gt;&lt;p&gt;&lt;b&gt;The median home price in Scottsdale city declined&lt;/b&gt; from $557,000 last year to $506,500 this year.&amp;nbsp; The median home price in Scottsdale, as seen in the graph above is trending down and is reaching mid 2005 levels after the peak in June 2006.&lt;/p&gt;&lt;p align="center"&gt;&lt;img hspace="0" border="0" align="bottom" src="http://farm3.static.flickr.com/2112/2498663340_702d3f7701.jpg?v=0" alt="North Scottsdale Real Estate market trends" /&gt;&lt;/p&gt;&lt;p&gt;Just as the median price in the city of Scottsdale was lower, so as the median home price in &lt;b&gt;North Scottsdale.&lt;/b&gt;&amp;nbsp; The median home price in April 2008 was $563,000 compared to $680,000 last year.&lt;/p&gt;&lt;p align="center"&gt;&lt;img hspace="0" border="0" align="bottom" src="http://farm3.static.flickr.com/2086/2498663358_fa86d16bfe.jpg" alt="South Scottsdale Median Home Prices" /&gt;&lt;/p&gt;&lt;p&gt;&lt;b&gt;South Scottsdale&lt;/b&gt; seems to be the part of Scottsdale now pulling the &lt;b&gt;median home price up&lt;/b&gt;.&amp;nbsp; While still down from last years $305,000 to this years $266,500, the trend since January 2008 has been an increasing median home price.&amp;nbsp;&lt;/p&gt;&lt;p&gt;This is not surprising as South Scottsdale is receiving a lot of redevelopment money and investments.&amp;nbsp; It's also a very exciting place to live with a lot of stuff to do, especially in Downtown Scottsdale.&lt;/p&gt;&lt;p /&gt;</Description>
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                  <Title>Search Scottsdale Homes For Sale</Title>

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            <Summary>WELL DONE</Summary>
            <Description>&lt;p&gt;&lt;font face="Trebuchet MS"&gt;Very nice presentation. Well thought out and good info.&lt;/font&gt;&lt;/p&gt;</Description>
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