The Dealmaker: 7/6/2018

[SLIDESHOW] 5 ways homebuyers will react to average mortgage rates hitting 5%. A Redfin survey “polled 4,000 consumers who had purchased or sold a home within the last year, attempted to do so, or planned to do so soon…” Swipe through the results in National Mortgage News: http://bit.ly/2KXmJJz

Flight of the Canadians. “Canadian investors swooped into the Phoenix real estate market like hawks during the Great Recession.” Lately, though, there’s been a significant reverse migration. PHOENIX magazine notes that April saw “the number of home sales to Canadian buyers in Maricopa and Pinal counties hit the lowest level” in nearly 10 years. Tap on to find out why. http://bit.ly/2NxbJUW

Most expensive home sales in Phoenix. Arizona Foothills Magazine top home sales 6.25.18 — 7.1.18 totaled “over $32 million,” a SPIKE of some 6 million from the previous week! Impressive! However, to put a different spin on it, it’s a figure that still falls well short of the total number of Trump administration resignations. Among our favorite difficult-to-discern features in this installment: A “game room off the pool,” and “an eat-at-bar island.” http://bit.ly/2lVaOkm

Developer unveils plan for New Square across from Chandler City Hall.“Spike Lawrence shared his company’s plans for the gravel parking lot behind Saba’s and Bourbon Jack’s at a recent community meeting. The project, named New Square, will comprise four different buildings, plus a small park and community stage.” Details and rendering of the two-phase project in SanTanSun News. http://bit.ly/2IZ4dyB

Glendale sells 11 acres to Tohono O’odham for $3.1M. “The land, which is on the south side of Northern [and] west of 91st Avenue, gives the Tohono O’odham Nation total ownership of the land near the new casino now under construction.” Glendale Star reports that the “property would not be used for gaming purposes, but for future economic development…” http://bit.ly/2zg82Qp

Undercover testers find discrimination at assisted-living, nursing facilities. “At least 14 operators of assisted-living and nursing facilities in Arizona unlawfully discriminate against prospective residents who are deaf, according to a federal lawsuit filed by the Southwest Fair Housing Council.” AZCentral has the story: http://bit.ly/2tZ9VLV

Carefree water meeting draws a crowd. With customers in Carefree getting water from Cave Creek, “there have been concerns about having an assured water supply.” Sonoran News reports that “should something happen to the pipeline… there may be only a day’s worth of water stored.” And that was just one of the issues covered during a recent “presentation on water” before a packed house at Carefree Town Council Chambers.—> http://bit.ly/2KTtJXC

Visual corridors: Paradise Valley council hopefuls talk planning parameters. As part of its continuing series, PV Independent talks with five candidates — the sole mayoral candidate along with four hopefuls seeking one council seat — to get their views on “both the General Plan and new provisions meant to protect visually significant corridors of the community.” http://bit.ly/2MQgw2v

13 compete for Surprise City Council seats (part 1). “This year, 13 candidates will compete to fill City Council seats in Districts 1, 2, 3, 5, and 6… [T]he candidates were invited to participate in [a] brief questionnaire, detailing their qualifications and vision for the city.” The responses, in YourValley. http://bit.ly/2KSRQc8

Estrada wants to ‘cultivate growth’ for Casa Grande. Andy Estrada “currently serves on the Planning and Zoning Commission,” and is “seeking a seat on the City Council.” Among the issues, Estrada discusses in CG Dispatch’s “second in a series of articles profiling candidates” are: Taxes, development impact fees, city marketing, public safety, and city management. http://bit.ly/2KBbAlo

Weddings, events business gets Coconino County’s nod as Frontiere property operator. “The county has been looking for someone to manage and operate part of the [20-acre] property with a revenue-sharing model.” Last week, the county found what it was looking for when BOS “gave the go-ahead” for “staff to pursue contract negotiations with an entity” that would use the property as “a venue for weddings and other special events like retreats and meetings.” Arizona Daily Sun. http://bit.ly/2lWCOnH

Population migration patterns: U.S. cities Americans are abandoning. “Among the cities where people are leaving in droves are places such as Chicago, Detroit, St. Louis, New York, and Los Angeles.” And there were enough folks that said ‘so long’ to one southern Arizona locale, it ALSO made the list. Check out the 24/7 Wall Street study findings in USA Today. http://bit.ly/2NuBWmQ

Don’t miss anything… follow multiple winner of the Arizona Republic’s tweet of the week contest, and Senior Partner at Rose Law Group and Director of RLG Renewable Energy Department, Court Rich. http://bit.ly/Court_RichTwitter 

As a supplement to the Dealmaker, we thought you might enjoy these articles!

What Politicos are reading this summer. The Federalist Papers, The Electric Kool-Aid Acid Test, The Other Woman, Groundhog Day, The Origins of Totalitarianism, The Big Short. Those are among the summer reads of Mary Matalin, David Axelrod, Newt Gingrich, Eve Ensler and nine other “leading lights.” The full rundown of who’s reading what this summer, in POLITICO. http://bit.ly/2zhuBE7

Group that seeks to shine light on ‘dirty money’ submits signatures for ballot measure. However, “the campaign is likely to have stiff opposition from business groups and others who now put money into political races knowing that Arizona law allows them to shield the names of their donors from public scrutiny,” reports Cap Media Services’ Howard Fischer. (RELATED, also in Arizona Cap Times: “Effort to legalize recreational marijuana falls short of needed signatures,” and from KTAR: “Signatures are filed, but fight is far from over for Invest in Ed supporters.”) http://bit.ly/2u0MguQ