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How are Scottsdale developers building taller, denser buildings?

Posted by   /  February 28, 2017  /  Government and Politics, Real Estate  /  No Comments

By Parker Leavitt | The Republic At least a dozen Scottsdale development projects have taken advantage of a lesser-known provision in the city’s zoning code that allows taller buildings and greater density in exchange for public art and other improvements since the ordinance was adopted five years ago, records show. A seven-story office tower planned […]

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New-home sales up less than expected; prices up 7.5% annually

Posted by   /  February 28, 2017  /  Real Estate  /  No Comments

By Jann Swanson | Mortgage News Daily Sales of newly constructed homes, had a strong start in 2016 but flattened out toward the end of the year and ended with a dismal December. Now 2017 has also started on a positive note. The Census Bureau and the Department of Housing and Urban Development reported sales […]

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Spring home-buying season gets an early start

Posted by   /  February 27, 2017  /  Real Estate  /  No Comments

RISMedia Housing is set to smash records in February, with realtor.com® forecasting both the fewest days on market since the recession and the month’s highest list prices—an early start to the spring home-buying season, says realtor.com Chief Economist Jonathan Smoke. “The spring buying season is off to a booming start,” Smoke says. Continued:

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The American commute is worse today than it’s ever been

Posted by   /  February 27, 2017  /  Transportation  /  No Comments

By Christopher Ingraham | The Washington Post ew numbers from Gallup show that remote work is becoming more common. workers today are more likely to spend at least part of their time working apart from their colleagues. And the share of time that these workers are spending out of the office is getting larger. The […]

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Buyers are being drawn to new homes

Posted by   /  February 27, 2017  /  Real Estate  /  No Comments

REALTORMag Sales of newly built, single-family homes increased 3.7 percent last month, reaching a seasonally adjusted annual rate of 555,000 units, the Commerce Department reports. “We can expect further growth in new home sales throughout the year, spurred on by employment gains and a rise in household formations,” says Robert Dietz, chief economist of the […]

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Highest home-buying demand in years stifled by tight inventory

Posted by   /  February 27, 2017  /  Real Estate  /  No Comments

By Jann Swanson | Mortgage News Daily Tight inventories are again being blamed for a downturn in home sales, this time January’s ones. The National Association of Realtor’s® (NAR’s) Pending Home Sale Index (PHSI) declined by 2.8 percent from December, reaching the lowest level in a year. The PHSI is a forward-looking indicator based on […]

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Head of police association says rioting bill won’t chill rights to protest

Posted by   /  February 27, 2017  /  Government and Politics  /  No Comments

By Howard Fischer | Capitol Media Services via Arizona Capitol Times The head of the Arizona Police Association is rejecting arguments that legislation to include rioting in racketeering and conspiracy statutes will chill the rights of Arizonans to protest. Levi Bolton told Capitol Media Services Monday he does not want changes to SB1142, which he […]

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Pollack: The economy is expanding

Posted by   /  February 27, 2017  /  Economy, Real Estate  /  No Comments

The Source for Information and Analysis on the Arizona Economy and Real Estate ELLIOTT D. POLLACK & Company FOR IMMEDIATE RELEASE February 27th, 2017   The Monday Morning Quarterback A quick analysis of important economic data released over the past week Not a lot of economic news last week. But, the data that were released […]

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Dear Governor Ducey: We don’t like these regulations

Posted by   /  February 27, 2017  /  Government and Politics  /  No Comments

By Rachel Leingang | Arizona Capitol Times Mitch Levy runs a wine tasting room, Burning Tree Cellars, in Cottonwood. The 60-year-old disabled veteran opened the business nearly 10 years ago. But he’s facing an uncertain future because of some license regulation changes, so he sent Gov. Doug Ducey an email, hoping to find some relief. […]

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Chicago Airbnb on hold after Goldwater suit

Posted by   /  February 27, 2017  /  Courts/Law, Government and Politics, Real Estate  /  No Comments

Continued:

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