1. Terravita Market Update
Is the Election Season Spooking the Real Estate Market?
The real estate market seems a bit spooked lately, and many folks are pinning it on the looming “end-of-the-world” election. This one does feel different, and maybe there’s something to it.
Terravita didn’t have a terrible month; we saw 9 contracts accepted, though 3 of them ended up canceling—which is very unusual. And it wasn’t for the usual reasons. Buyers are definitely feeling skittish; one even told us they’re holding off until the whole election cycle is over—just not willing to roll the dice right now.
Prices were down across the board, but with only 3 closings, the numbers don’t mean as much as the fact that there were only 3 closings at all in October. That alone says plenty about where things stand.
Of course, it’s not all election jitters. The market’s been acting a bit off for a while now. If you’re curious about how past elections have affected real estate, check out my article in this month’s Scottsdale North Newspaper. It’s got some fun historical insights that could make for great conversation at your next cocktail party!
A Valley-Wide Look: Cromford Market Index 
But let’s talk big picture. We look to our trusty Cromford Market Index to get a feel for the broader market.
As you can see, nearly all of the Valley’s biggest cities, including Scottsdale North, saw a slight dip in the seller’s advantage. It’s nothing dramatic, but the trend is there.
As we watch how the market and election season unfold, one thing’s for sure—there’s never a dull moment in Scottsdale North real estate! And speaking of exciting things, stay tuned for some big news about Scottsdale North Park (Ashler Hills). It’s been a long time coming, and I can’t wait to share the latest updates with you soon. Until then, if you have any questions or just want to chat about the market, I’m here to help!
2. Scott’s Scottsdale North Newspaper Article
Scottsdale North Real Estate vs. Election Uncertainty: What You Need to Know
This Month’s Off Market Opportunity
It’s Almost Pie O’clock!
Thankful for Over 30 Years
As a thank-you for over 30 years of trust, referrals, and friendship, the Scott Gaertner Group would like to show our appreciation by giving your family a FREE Thanksgiving Pie! It’s our way of saying thanks for being a part of our community.
Register For Pie Here!
What’s Next? 
Look out for the location to pick up your pie. Follow us on Facebook and Instagram for community and real estate updates too!
3. Connecting Scottsdale North: The Park Update
Exciting News: Ashler Hills Park is taking shape!
We just wrapped up a new video on the park grounds, giving you an up-close visual update with the City of Scottsdale’s Nick Molinari. Amazingly, we filmed this exactly 5 years to the day since our first video, where we rallied the community to attend a town hall and let the city know—we needed our first park here!
Below is a quick teaser from our time with Nick. You’ll get the latest details on Scottsdale North Park.
Subscribe to stay connected! Coming Soon to YouTube and Facebook at ScottGGroup
4. Real Estate Estate Review
Existing Home Sales Fall To Lowest Level Since 2010
Huge Valley community set for transformative growth
The Great Migration’s lasting billion-dollar impact on Arizona
Another Company Investing $100 Million In The Valley
FYI
Cost of Scottsdale Road project tripled. Here’s why
(Scott Note: Some of these are behind a paywall. Sorry. But if you like this stuff the way I do, you might consider subscribing to the publishers.)
5. Just For Fun
Exotic cat discovered loose in Chicago suburb.
Has the human lifespan reached its peak?
Short bursts of walking burn more energy than a steady pace.
How the Electoral College works.
Teenager beats Tetris in world first, returning to level 0.
Remember not to reset your clocks!
Thought For The Day
“So many of our dreams at first seem impossible, then they seem improbable, and then, when we summon the will, they soon become inevitable.”
– Christopher Reeve
