Hot From Phoenix Summer 2025
Patrick named in the Top 200 most Influential in Residential Real Estate.
Patrick van den Bossche, President of the Realty Executives International brand, with over 500 offices worldwide, made the list of the 200 most powerful leaders in real estate 2025.
The Swanepoel Power 200 ranks the most powerful leaders in the residential real estate brokerage industry. Criteria used to rank leaders include the scope and power of leaders’ positions, the financial resources they have at their disposal, whether they have equity stake in their company, their trajectory and much more.
Scottsdale is the second fastest growing wealth hub in the WORLD according to New World Wealth rankings as of December 2024. It was the only U.S. city in the top three.
Scottsdale's housing market news: In an article posted in the June 24, 2025 Business Journal a Scottsdale estate sold for $25 million in a record seven days. The home was over 14,000 square feet and was located in Silverleaf in the McDowell Mountains just north of the 101 Loop in the DC Ranch area. The article goes on to state that the median sale price for a Scottsdale home is now $900,000, a 9.1% increase over the past year.
“The era of broad-based, rapid price appreciation appears over, replaced by a more selective environment where local fundamentals matter more than national trends,” Nicholas Godec, head of fixed income tradables and commodities at S&P Dow Jones Indices, said in a statement. “For investors and policymakers alike, this shift toward geographic divergence and moderate growth may actually represent a healthier, more sustainable trajectory than the unsustainable boom we experienced just a few years ago.”
Luxury Home Sales Today
In a February Realtor.com article the headline read, “Million-Dollar Home Sales Are Growing—and Affluent Buyers Are Paying in Cash.” The article states, “The expansion of the $1 million-plus housing market is largely being driven by rising property values, which continue to push more homes into the luxury category.”
As always, call me for any questions or specifics on your real estate needs or interests. Denise van den Bossche, celebrating 43 years tenure in the Arizona real estate market, Denisevdb@Exec-Elite.com
