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Why affordable housing is essential to our economy

Posted by   /  March 20, 2017  /  Real Estate  /  No Comments

Phoenix

By Deidre Woollard | inman Two new reports released by the National Low Income Housing Coalition (NLIHC) explore both why affordable housing is essential to our economy and how the grave lack of it may put many at risk. The report estimates that more than 500,000 jobs were supported through HUD investments in 2015 alone. […]

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The Dealmaker: 3/20/2017

Posted by   /  March 20, 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.       High-rise apartments planned to open next to new downtown Phoenix hotel. “Minnesota-based Mortenson Co., who officially broke ground [Friday] on the 11-story, 210-room Hampton Inn […]

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Office vacancies in Phoenix area still among highest in nation

Posted by   /  March 19, 2017  /  Real Estate  /  No Comments

By Russ Wiles | The Republic “Robust” demand will help drive down vacancies for office properties around the Valley this year, according to a report. “Sizable job creation, record-low vacancy,  rising rents and higher yields” are attracting investors to office buildings in the Phoenix metro area, says the report from Marcus & Millichap. Nevertheless, the […]

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Mortgage apps up across the board

Posted by   /  March 19, 2017  /  Real Estate  /  No Comments

mortgage applications

RIS Media Mortgage applications rose 3.1 percent over the week, according to data gathered in the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey. The MBA’s Refinance Index grew 4 percent, as well, while the Purchase Index grew 2 percent. The refinance share of mortgage activity increased to 45.6 percent of total applications from 45.4 […]

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Mortgage applications rise 3.1% as borrowers rush to lock in rates

Posted by   /  March 17, 2017  /  Real Estate  /  No Comments

By Diana Olick | CNBC Mortgage interest rates moved to the highest level since 2014 last week, as the Federal Reserve indicated it will more than likely increase short-term interest rates at its meeting Wednesday. That lit a fire under homeowners who clearly saw this as a last chance to refinance at the lowest rates. […]

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Take a virtual drive on the South Mountain Freeway

Posted by   /  March 17, 2017  /  Featured News, Transportation  /  No Comments

  By Dustin Krugel / ADOT Communications Motorists won’t be able to drive the South Mountain Freeway until late 2019, but now you can visualize that trip using the simulation above that launched today at SouthMountainFreeway.com. It includes some key additions since we shared a popular simulation in 2013: aesthetic and landscaping treatments along the 22-mile freeway […]

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The Dealmaker: 3/17/2017

Posted by   /  March 17, 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.     CopperWynd Resort and Spa receives unanimous town approval for rezoning. Congratulations to Rose Law Group client Copperwynd Resort in Fountain Hills, in gaining approval for 300 […]

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Cameron’s $5M + deals of the day

Posted by   /  March 17, 2017  /  Dealmaker  /  No Comments

(Note: These deals have not been independently verified.) Cameron Carter, Director of Rose Law Group’s Transactional Real Estate Department, thinks you need to know about these transactions in Maricopa County. Price: $14,250,000M Buyer: WWC XXIII, LP   Seller: B.H. Terrace Park, LLC Property Type: Apartment complex Property Size:  8.464 Acres Location: 8130 W. Indian School Road, Phoenix APN: 102-20-004H, […]

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EXCLUSIVE: CopperWynd Resort and Spa receives unanimous town approval for rezoning from 32 to 300 rooms…. and gorgeous architecture

Posted by   /  March 17, 2017  /  Featured News, Real Estate  /  No Comments

Rezoning to Allow for Expansion to 300 Rooms By: Cepand Alizadeh | Rose Law Group Land Use Attorney Since purchasing CopperWynd Resort and Spa in 2015, owner Bill Hinz spent more than $6 million to renovate Fountain Hills’ most well-known resort. Despite these improvements, Hinz sought to build something truly spectacular. After last night’s Fountain […]

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The Dealmaker: 3/16/2017

Posted by   /  March 16, 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.         Former University of Phoenix properties get new owners, new life. The new owners and property locations? “West Second Street Associates… purchased 4150 Riverpoint Parkway… […]

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