RO Luxury Group Blog
RO LUXURY GROUP JOINS COMPASS ARIZONA. RO Luxury Group Apart of Compass Arizona Taking the Lead in Luxury Real Estate. In a significant development for the Valley's luxury real estate market, a top residential brokerage has joined forces with one of the largest brokerages in the nation—Compass. This strategic move positions the RO Luxury Group as a powerhouse in the region, with Compass Arizona now holding the majority market share in sought-after areas like Paradise Valley, Arcadia, and Central Scottsdale.
Vacant Paradise Valley parcel sold for a record $42M. Deal closes on largest ever land sale in Paradise Valley. The 27-acre parcel in Paradise Valley has garnered attention after its recent sale on April 19, 2024 for an impressive $42 million. This transaction, equating to around $1.56 million per acre, signifies a notable moment for the city, highlighting the increasing demand for luxury real estate and the potential for future development.
The Big Migration to Arizona: Phoenix's Rise as a Millionaire Magnet. In recent years, Arizona has become a top destination for affluent individuals, particularly in its capital, Phoenix. The city has seen a remarkable influx of millionaires, positioning it among the fastest-growing metropolitan areas in the U.S. According to recent studies, Phoenix ranks second in the nation for the highest number of millionaires relocating, trailing only behind the tech hub of Austin, Texas. This migration isn't just about wealth; it's also about demographics.
RO Luxury Group: Your local Team of choice for Out-of-State Buyers. As more individuals and families consider relocating to Paradise Valley, Arcadia, and Scottsdale, the RO Luxury Group has become a trusted resource for out-of-state buyers. With its vibrant lifestyle and welcoming communities, this region is an appealing destination. However, transitioning to a new area can be overwhelming, and that's where our team comes in. We specialize in the most desirable areas and intimately know the pros and cons of each specific area.
