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The Dealmaker: 9/22/2017

Posted by   /  September 22, 2017  /  Dealmaker  /  No Comments

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The Dealmaker is a daily note of the day’s top real estate stories served just in time for lunch. Bon Appetit! Subscribe here to receive the Dealmaker to your inbox   Market Report: More than half of U.S. homes have rebounded to pre-recession peak values; real estate consultant Jim Belfiore explains Phoenix market lag. While Denver, Dallas, and Nashville […]

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BeyondTrust names the 5 deadly sins related to why data breaches occur, and how to fix it; Lauren Reynolds, Rose Law Group litigator focusing on cybersecurity, stresses increased ‘oversight’

Posted by   /  September 22, 2017  /  Cyberlaw, Cybersecurity  /  No Comments

By Hayley Ringle | Phoenix Business Journal With so many data breaches originating from the abuse or misuse of privileged credentials, Phoenix-based cybersecurity software provider BeyondTrust Software Inc. has identified the five deadly sins of privileged access management. After surveying nearly 500 IT professionals from around the world during May and June with involvement in privileged access […]

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Brokerage closes first bitcoin home purchase in Texas

Posted by   /  September 22, 2017  /  Real Estate  /  No Comments

Builder For the first time, a home in Texas has been purchased entirely with the cryptocurrency, bitcoin, reports HousingWire staffer Brena Swanson. Kuper Sotheby’s International Realty finalized the purchase of a newly built custom home in Austin. The home includes grand entertaining areas, a kitchen fit for a chef, lavish master suite, and a finely landscaped backyard, according to Kuper […]

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Here’s how to save a dying suburb

Posted by   /  September 22, 2017  /  Real Estate  /  No Comments

Suburbs

Builder A new Manhattan Institute study suggests that in order to save some dying suburbs on the outskirts of cities, those inner-ring suburbs should merge with the central city, says CityLab contributor Aaron Renn, one of the researchers. Cities such as Dolton, Illinois (outside Chicago); and Wilkinsburg, Pennsylvania (near Pittsburgh), have experienced significant economic transition in recent decades, often for the worse. Data […]

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Home prices rising twice as fast in cities with highest natural hazard risk

Posted by   /  September 22, 2017  /  Real Estate  /  No Comments

Home prices

Home owners in highest-risk cities have more equity, longer home-ownership tenures. Builder ATTOM Data Solutions, was out Thursday with its 2017 U.S. Natural Hazard Housing Risk Index, which showed that the value homes that faced the greatest risk from natural hazards rose twice as fast as those with minimal risk. The findings were not surprising […]

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Foreclosures rise in Houston post Harvey

Posted by   /  September 22, 2017  /  Real Estate  /  No Comments

Builder Houston’s housing market has been busy in recovery mode following Hurricane Harvey. The devastating storm has left many citizens without housing and no options in Houston. The housing market is running out of options as well. Prior to Harvey, foreclosures in Houston were up by 67%. The Dallas News reports: Economists and real estate agents predict that […]

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Mesa looks at area around Fiesta Mall as employment hub

Posted by   /  September 22, 2017  /  Real Estate  /  No Comments

By Wayne Schutsky | East Valley Tribune The city of Mesa will make a concerted effort to transform the area surrounding Fiesta Mall from an aging retail district to an employment hub. In a unanimous vote, the City Council officially adopted the Southwest Redevelopment Area Plan at its Sept. 11 meeting. The adoption will allow […]

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County affirms: Casa Grande Domes must come down

Posted by   /  September 22, 2017  /  Real Estate  /  No Comments

By Heather Smathers | Casa Grande Dispatch A decaying Pinal County landmark must come down, the Board of Supervisors affirmed Wednesday. The Pinal supervisors voted to affirm a hearing officer’s findings from earlier this year that the dilapidated structures known as the Casa Grande Domes are a safety hazard and must be demolished. Dan Peer, […]

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5 candidates vie to fill Mesa City Council spot after Winkle ousted

Posted by   /  September 22, 2017  /  Real Estate  /  No Comments

Mesa

By Lily Altavena | The Republic Five finalists, narrowed from a pool of 33 applicants, are vying for a seat on the Mesa City Council after a council member was ousted for drinking and driving. The council unanimously voted to remove first-term Councilman Ryan Winkle in August after he pleaded guilty to a DUI in Tempe. Council members […]

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A tale of two perspectives: the Scottsdale Desert EDGE

Posted by   /  September 22, 2017  /  Real Estate  /  No Comments

By Terrance Thornton | Scottsdale Independent A proposal to bring a desert-appreciation venue to the inside edge of the McDowell Sonoran Preserve appears to have created a rift in Scottsdale that has been felt in nearly every corner of the “The West’s Most Western Town.” The deep divide between preservationist, project proponents and local gadflys has […]

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