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8 Metro Phoenix neighborhoods you should know

Posted by   /  December 15, 2017  /  Real Estate  /  No Comments

By Katie Johnson and Becky Bartkowski | Phoenix New Times For a long time, metropolitan Phoenix felt like a paint-by-numbers that had been sorely ignored around the middle. Today that’s not the case — the hottest real estate on the market is smack in the center of town. Blink, and that emerging neighborhood you had […]

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Why is Mesa called the Valley’s ‘Gateway’ city?

Posted by   /  December 15, 2017  /  Real Estate  /  No Comments

By Jay Mark | Special for The Republic Just as history often repeats itself, descriptions tend to recur over time. For example, thanks to Phoenix-Mesa Gateway Airport, Mesa is thought of and branded as the eastern entry to the Valley. But that’s far from the first time the descriptive “gateway” was used. Opened in 1941 far […]

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Locked out: Section 8 housing vouchers fail to open doors for low-income renters

Posted by   /  December 15, 2017  /  Real Estate  /  No Comments

By Alden Woods | The Republic Marcella Landson set aside her Section 8 voucher and stared at the shaded map of Tempe, searching for the right neighborhood. They all seemed the same. She had come to find a home, but couldn’t even figure out where to look. At the head of a wide conference table in the city library, Tempe Housing Services supervisor […]

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Phoenix pumps $125K more into research for Suns arena upgrades

Posted by   /  December 15, 2017  /  Real Estate  /  No Comments

By Jessica Boehm | The Republic Phoenix will pay an additional $125,000 to study renovations to the Talking Stick Resort Arena despite council members’ concerns that they haven’t received a report on the topic in more than nine months. In February, the City Council voted to pay the Barrett Sports Group, a sports-business consultant, $75,000 to […]

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The Dealmaker: 12/14/2017

Posted by   /  December 14, 2017  /  Dealmaker  /  No Comments

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         Biggest housing stories 2017: The news that rocked the real estate world.“What were 2017’s most noteworthy stories in residential real estate — and the […]

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Cameron’s $5M + deals of the day

Posted by   /  December 14, 2017  /  Dealmaker  /  No Comments

Cameron Carter, Director of Rose Law Group’s Transactional Real Estate Department, thinks you need to know about these transactions in Maricopa County. Price: $18.5M Buyer: Pathfinder Gilbert Holdings II, LLC Seller: Clear Sky Vintage LP Property Type: Apartments Property Size:  427,567 SQFT Location: 1303 W. Juniper Ave., Gilbert APN: 136 parcels, 302-19-140 –  302-19-276B Financing: New loan To view the affidavit: 170920345, click here. […]

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Serious mortgage delinquency rate hits lowest point in a decade

Posted by   /  December 14, 2017  /  Real Estate  /  No Comments

Hurricanes continue to bring rates lower By Kelsey Ramírez | HousingWire Mortgage delinquencies decreased in September to their lowest levels in more than a decade, according to the latest monthly Loan Performance Insights Report from CoreLogic, a property information, analytics and data-enabled solutions provider. As of September, 5% of mortgages remained in some stage of delinquency, 30 […]

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2018 demand signals strong: Now, what about supply?

Posted by   /  December 14, 2017  /  Real Estate  /  No Comments

Builder confidence

To seize some control of their market opportunity builders should look at how much it costs them to build a square foot of finished space, and how much value that generates. By John McManus | Builder As tax reform, an improving economy, and continued healing among housing’s data metrics take shape and gain momentum in a profoundly under-housed […]

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Phoenix pays $500K for 20 parking spaces. Here’s how it ties into a big new downtown development.

Posted by   /  December 14, 2017  /  Real Estate  /  No Comments

By Mike Sunnucks | Phoenix Business Journal The Phoenix City Council approved a measure Wednesday to spend $500,000 to buy 20 parking spaces in downtown Phoenix. The deal is with real estate developer Hines Interests LP, according to city documents. “The developer has proposed to develop the undeveloped pad at Colliers Center with a high-rise, multi-family residential […]

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Ruling makes opening of South Mountain Freeway a reality for late 2019

Posted by   /  December 14, 2017  /  Transportation  /  No Comments

By Sean Holstege | Phoenix New Times Valley motorists have experienced night closures on Interstate 10 west of downtown Phoenix, and have seen freeway interchanges taking shape. In the rural Laveen area, residents have witnessed pilings driven into the Salt River and the beginnings of bridges forming. READ ON:

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