March Newsletter

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The O’Malley Group
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Featured Community
Troon Country Club
Troon Country Club is a private, residential golf club; where luxury is unplugged and the experience exceeds your expectations. A rare gem located in North Scottsdale, Arizona, Troon Country Club has a collection of amenities to maximize your experience.
 Golf Jokes
A Word of Advice: 
 
If you drink, don’t drive. And don’t even putt.
———————————
FACT: 
 
The problem with slow groups is that they are always in front of you, and the fast groups are always behind you.
Statistics
Phoenix continues to benefit from in-migration from higher-cost places like New York and Los Angeles, and its 2019 population growth rate is projected to be well above the national rate.

-Realtor.com

In 2019, investing in Phoenix, AZ projects an image of profitability for real estate investors. The combination of a strong economy and growing population results in high demand for rental properties, especially multi-family homes.

-Masvisor

March 2019
Greetings!

Welcome to the March 2019 edition of the O’Malley Group’s e-newsletter.
Valley home prices are poised to most likely climb at a slower pace or possibly flatten out during 2019. Housing market watchers are calling for metro Phoenix home prices to climb between 4 and 6 percent this year based on pending sales, population projections and recent job growth numbers.
That compares to 6 to 8 percent annual home price increases during the past few years.

For any inquiries on golf community real estate or club information, don’t hesitate to email me anytime. It would be my pleasure to be of service.
Sincerely,
Charlie O’Malley
The O’Malley Group

Featured Community
Troon Country Club
 
Located in North Scottsdale, the master-planned communities of Troon and Troon North provide an incomparable lifestyle for golf lovers. Its 1,400 acres is set among some of the most beautiful scenery in the area. Troon Village offers a varied assortment of attractive properties ranging from deluxe custom homes to semi-custom dwellings including single-family homes and upscale townhomes.  A gorgeous, master-planned golf community, Troon North has been designed to blend in with its surrounding countryside and so it offers an aesthetically-pleasing development of homes nestled among the verdant vegetation and inspiring boulders of the beautiful Sonoran Desert.
The Troon Country Club, a highly rated golf club, provides a number of desirable amenities to its members. Both social and golf memberships are available, although only a limited number of applications open up each year. The 50,000±SF clubhouse has been exceptionally well-designed by Tom Weiskopf and Jay Morrish. Having been named after the “Royal Troon Golf Club” in Scotland where the British Open had been won in 1973 by Tom Weiskopf, the Troon Country Club offers a bit of intrigue for avid followers of golf. The community pool and spa are perfect venues for relaxing and enjoying the company of family and friends.

The Troon Country Club lifestyle is more than beautiful views and amazing golf. It’s also the individual attitudes, values and interests of the Members coming together to create a warm and comfortable gathering place to call home.
There are endless opportunities to connect with friends and family, whether on the exceptional golf course, the state of the art fitness center or a delicious lunch in the The Roost after a game of tennis. The social calendar is always active with themed dinners, wine tastings, holiday celebrations and friendly games of Mah Jong, Bridge and more. The friendly management and staff are always willing to go the extra step to ensure members and their guests feel comfortable and enjoy their time at the Club. The camaraderie, friendships and memories created here at Troon Country Club are the center of the Troon Experience!

Is Now a Good Time to Buy in Phoenix?
Is 2019 a good time to buy a home in Phoenix? This is a hard question to answer across the board, because there are so many personal factors involved. But from a market standpoint, 2019 could be a great time to buy in the Phoenix area.
Here are some of the reasons why:
  • Mortgage rates are still hovering at historical lows. As of mid-January 2019, the average rate for a 30 year fixed mortgage was 4.45%. That’s a great opportunity for home buyers. But rates are expected to rise later this year.
  • More inventory has come onto the market over the past year, giving buyers more properties to choose from. This is good news for those who plan to enter the market sometime during 2019.
  • Loan limits have have been increased for the entire Phoenix metro area. Federal housing officials increased the limits for conventional, VA and FHA loans. This means borrowers have a higher level of financing to work with, without having to cross into “jumbo” mortgage territory.
  • The U.S. economy is stable with record low unemployment levels. Similarly, the job market in Phoenix has improved over the years. This gives buyers both the income and the confidence they need to make a purchase.

Things To Do in March
Mar 5: Crave Creek Museum
 
Cave Creek Museum’s biggest and most celebrated fundraiser! Thanks to the generosity of private homeowners in our area, the doors of some of the most historical, unique, eccentric, amazing, and just plain over-the-top homes in the Desert Foothills region that the Museum serves are opened to the public for a single day.
Mar 16: Ask a Master Gardener Clinic
Maricopa County Master Gardeners will be present to answer your questions regarding plant selection, fertilization, irrigation guidelines, & best pruning practices. Bring pictures or plant samples to aid in plant diagnosis. Every 3rd Saturday of the month, except June, July, August and December.
Mar 31: 6th Street Market
The 6th Street Market is a weekly market highlighting the uniquely fantastic selection of Arizona-made goods in Downtown Tempe. This weekly event is the perfect blend of local artisans & makers, live music, food and community.
Link to these events and many more is below!