Mesa eyes smart growth community plan. “The proposal by developer Miravista Holdings will create seven parcels… featuring a mix of multifamily, townhomes, retail, commercial, senior living and parking facilities… within a pedestrian shed of a quarter-mile radius of [Sycamore Station], with walkways and thoroughfares to promote multi-modal transportation… [T]he plan intends to create a destination locale that will increase property values and spur further development.” Further details in AZBEX, including an eye-catching rendering that makes us wonder if this Smart Growth Community truly is being planned for north of Main and Dobson in Mesa, or if it’s actually meant for a city in Colorado or maybe Utah, because check out those snow-capped mountains. Is that the same terrain that’s around Mesa? Sure doesn’t look like it! http://bit.ly/2efLFQ4
Queen Creek Councilman Barnes opposes increased housing density for Meridian Crossing. “Councilman Craig Barnes was the sole holdout in votes regarding… a… rezoning request [from Westcor] that would allow an increase to the number of houses that could be built… on the southwest and southeast corners of Riggs/Combs and Meridian Roads.” Read the full report with a click-through to Queen Creek Independent. http://bit.ly/2ewyaXw
Homes get planning nod: Yavapai Ranch Phase I heads to county supervisors. “[T]he 51,000-acre Yavapai Ranch located 35 miles north of Prescott [and ‘one of the remotest areas in Yavapai County… reached by rough dirt roads off the dirt road portion of Williamson Valley Road’]… could put 12,500 residential units in the middle of the high desert.” More about the planned project in The Daily Courier, plus some headstrong opinions about it in the article’s comments section. http://bit.ly/2fsE0vc
How housing would fare under Clinton, Trump. “How will the next administration tackle reforming… Fannie Mae and Freddie Mac? How do we bring private capital back to the mortgage market? How do we manage the enormous growth of nonbank lenders…? How do we insure safety for borrowers who use these lenders? And how do we create more affordable housing, both rental and owned, for underserved communities?” Diana Olick examines each candidate’s positions (or lack thereof) for these and other housing matters, at CNBC. http://bit.ly/2eORHTN
What’s in store for housing in 2017? HousingWire looks at the “2016 Realtors Conference & Expo [where] Lawrence Yun, chief economist of the National Association of Realtors, and Dennis Lockhart, president and CEO of the Federal Reserve Bank of Atlanta, discussed the 2017 housing and economic forecast….” One noteworthy highlight: “[A]s tech companies flee California, nearby states… are seeing double-digit home price gains…” As for noteworthy lowlights, see the two snarky posts in the comments section. http://bit.ly/2ewCG8e
♬‘CALIFORNIA, HERE I… BOLT’♬ – Why a lot of people are moving out of California. “For every home buyer coming into the state, there are three Californians selling and moving elsewhere… California’s housing market is one of the most expensive in the nation, with a median home price of $428,000… Prices have shot up 71% since 2011.” But priciness isn’t the only only reason people are saying adios to The Golden State. For other factors at play, click through to CNN Money. http://bit.ly/2eOTAzY
Dealmaker BONUS: Trump and Clinton become friends [VIDEO]. “With 72 hours remaining until Election Day, Hillary Clinton (Kate McKinnon) and Donald Trump (Alec Baldwin) appear on Erin Burnett (Cecily Strong) OutFront/Saturday Night Live.” Good stuff! Watch it here—> http://bit.ly/2fhxIhe
Cameron’s $5M + deals of the day – http://bit.ly/2fwpGCm |