The tough economy over the last couple of years really took a toll on the luxury loft market in Greater Phoenix. For the purposes of this analysis, I am defining luxury lofts as those with list prices in excess of $1 million. There are several luxury loft projects sprinkled throughout the Valley, including downtown Phoenix, downtown Scottsdale […]
Luxury loft performance
The Luxury Loft Market in Greater Phoenix – 2008 Performance
While loft living has been a tradition in many metropolitan areas for years, we are starting to see a lot of recent growth in the Greater Phoenix area. I define luxury lofts as those for sale for more than $1 million. There are several luxury loft projects sprinkled throughout the area, including downtown Phoenix, downtown Scottsdale […]