October 5, 2008

Escape to Sunny Scottsdale…A Californian’s Retirement Dream

camelback mountain Escape to Sunny Scottsdale...A Californians Retirement DreamWith the housing crunch in full swing in California and many of my friends nearing retirement age, I am hearing lots of dreaming going on.  Arizona is a prime place for many former “techies” to relocate to, thanks to great weather, lower property values, beautiful mountains and an almost endless stream of golf courses to play.

As I write this post, I am sitting in the Scottsdale Resort and Athletic Club – looking out at Camelback Mountain and enough saguaro cactii to populate an entire spaghetti Western.   It is peaceful, all the buildings are new, and I had no trouble finding a healthy yet inexpensive place to eat dinner (China Lite – a no MSG, low oil and all natural ingredient Chinese restaurant).   The terrain is rugged, yet friendly to those who seem hardy enough to conquer its challenges. 

As this is a resort town, the property values for newer homes are dramatically higher than for older, resale homes.   The median price for resale homes right now in Scottsdale is $595K for a 2,295 square foot home ( in comparison, the median price in 2005 was $525K).    Nearby Paradise Valley, with lots of new upscale homes, in contrast has a median home price of $1.656M.

Although I dearly love California, I must say that living in a place that has no earthquakes, no tornados, no hurricanes, no grass to mow and is only one hour away from good skiing is mighty tempting.  I may consider coming here myself when the hustle and bustle of Silicon Valley doesn’t fit my lifestyle needs any more.   The only real downside is the heat, which could be a bit daunting for those of us who run for cover when the thermometer hits triple digits. 


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