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2 weeks for medical marijuana; ‘little comfort’ for patients, says Laura Bianchi, Rose Law Group partner and director of Cannabis Department

Posted by   /  December 8, 2017  /  Government and Politics, Medical Marijuana  /  No Comments

Federal marijuana protections safe for now with stopgap spending bill By Alex Pasquariello and Alicia Wallace, The Cannabist Staff President Donald Trump signed a stop-gap spending bill Friday to avoid a government shutdown and keep the federal government running through Dec. 22. Protections for state medical marijuana programs known as the Rohrabacher-Blumenauer amendment were also […]

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Governor to wait to set special election date [UPDATE]

Posted by   /  December 8, 2017  /  Government and Politics  /  No Comments

By gary.grado@azcapitoltimes.com BREAKING: Franks has now resigned as of today, Dec. 8, 2017. Rep. Trent Franks offered $5 million to carry his child, former aide says Arizona Gov. Doug Ducey will wait until Republican Rep. Trent Franks’ resignation takes effect at the end of January before setting dates for a special election on a midterm […]

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State investigators looking into Scottsdale school construction project

Posted by   /  December 8, 2017  /  Education, Government and Politics  /  No Comments

By Carrie Jung, KJZZ and Evan Wyloge | Arizona Center for Investigative Reporting This story is part of a larger collaboration between KJZZ and the Arizona Center for Investigative Reporting (AZCIR). More on this investigation will be coming soon. hange is coming to Scottsdale’s public schools. Voters in the district approved a $229 million overhaul […]

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Cutting principal didn’t help struggling home owners—but here’s what did

Posted by   /  December 8, 2017  /  Real Estate  /  No Comments

By Andrea Riquier | Realtor.com During the housing crisis, as policymakers and lenders struggled to develop programs to help distressed homeowners, several misguided approaches may have hampered those efforts, according to a new report out Tuesday from the JPMorgan Chase & Co. Institute, a think tank established and funded by the mammoth bank. Data collected […]

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FHA to stop insuring mortgages with PACE loans

Posted by   /  December 8, 2017  /  Real Estate  /  No Comments

Trump administration reverses Obama policy Last year, the Department of Housing and Urban Development announced, with much fanfare and controversy, that the Federal Housing Administration would begin insuring mortgages that also carry liens created by the Property Assessed Clean Energy program, also called PACE. But that was last year. Things are much different now. READ […]

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Union Park at Norterra master-planned community is underway

Posted by   /  December 8, 2017  /  Real Estate  /  No Comments

Disclosure: Rose Law Group represents Sunbelt Holdings in other projects. AZRE After more than two years of thoughtful planning and preparation by land owner USAA Real Estate of San Antonio and master developer Sunbelt Holdings of Scottsdale, north Phoenix’s new upscale master planned community at Norterra is under construction for its first phase of development. […]

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Most expensive home sales in Phoenix

Posted by   /  December 8, 2017  /  Real Estate  /  No Comments

Arizona Foothills Magazine Here are the Valley’s top home sales from the past week (11.27.17 – 12.3.17). The combined sales for the top 10 of the past week was more than $24 million.

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‘The Wall Street Journal’ ‘House of the Day:’ A Sedona retreat with views—and page views

Posted by   /  December 8, 2017  /  Real Estate  /  No Comments

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Even as more investors are flipping homes, they’re seeing less profit in return

Posted by   /  December 8, 2017  /  Real Estate  /  No Comments

By Diana Olick | CNBC High home prices, increasing renovation costs and a skimpier supply of distressed properties are making it more expensive to get in the game, even though demand for move-in-ready homes is high. Single-family homes and condos flipped in the third quarter of this year brought an average gross profit of $66,448 […]

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Buoyed by healthy economy, most contractors upbeat

Posted by   /  December 8, 2017  /  Real Estate  /  No Comments

AZRE The majority of commercial and industrial contractors are confident about sales growth, profits and staffing levels heading into 2018, according to the latest Associated Builders and Contractors (ABC) Construction Confidence Index (CCI). Despite rising construction labor and materials costs, 55 percent of contractors expect their profit margins to expand in the first half of […]

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