The Dealmaker: 8/21/2018

2018 Where To Live. “Valley real estate is humming. But how much higher can it go before the next dip? And which neighborhoods have yet to peak?” PHOENIXMagazine is out with its 2018 edition of “Where To Live,” an annual survey of the local real estate landscape, featuring the “State of the Market,” “Home Values,” “Neighborhood Close-Ups,” and much more. —> http://bit.ly/2nWsTzu

Phoenix real estate in July: Sales up 7% YoY, active inventory down 8% YoY. CalculatedRISK’s Bill McBride returns with a local housing-market update for July, which was the “twenty-first consecutive month with a YoY decrease in inventory.” (OTOH, it was “the smallest YOY decrease in almost 2 years.”) http://bit.ly/2N6i0WZ  

How long would it take to save up for a down payment on Phoenix home? In Chicago, it takes the shortest amount of time to save up for 20 percent down on an entry-level home — three years. In Portland, it’s thirteen years. Phoenix falls somewhere in between. Get the findings from the RealEstate.com study at KTAR. http://bit.ly/2N750An

Legal morass muddies waters on WOTUS rule. “A recent ruling by the U.S. District Court for South Carolina means that for the foreseeable future, roughly half of U.S. states will be abiding by one set of rules pertaining to waters of the United States while the rest will abide by different rules.” NAHBNow. http://bit.ly/2PtSkoT

ASU 365 Community Union expected to transform Sun Devil Stadium. Why spend $300 million to renovate a stadium if you’re only going to use it eight times a year for football? Why not use the stadium EVERY day? That’s the concept behind ASU 365 Community Union, the “brainchild” of ASU alum and “private-equity investor” Jack Furst, who envisioned turning “the stadium into a place that students, faculty and staff members and the community can utilize year around with a wide range of options…” ADI. http://bit.ly/2w3B4hZ

11 years later, court battles over Rosemont Mine persist. “Supporters say the mine has been studied to death and will bring much-needed jobs…” Opponents say studies on the proposed “open-pit copper operation in the Santa Rita Mountains” have “overlooked its environmental impacts.” Arizona Daily Star looks into the “latest” legal “twist in an 11-year battle.” http://bit.ly/2OSl5KA

Lake Mead recreation area played role in new interstate. The first stretch of I-11 “travels through 1.5 miles of Lake Mead National Recreation Area to the Hoover Dam.” During “planning and construction,” special attention was paid to “maintaining natural view sheds, wildlife migration patterns and dark night skies.” As one Lake Mead official puts it in this Daily Miner report: “[W]e wanted the landscape to dominate, not the interstate…” http://bit.ly/2nXjeIW

Tribally owned solar power plant beats skeptics, odds on Navajo Reservation. “The Kayenta Solar Project became the largest tribally owned renewable power plant in the country when it went on line last summer.” Today, the plant “generates enough power for 18,000 homes on Navajo lands.” It’s something many thought they might never see happen. Cronkite News via Payson Roundup. http://bit.ly/2Le0Pkv

Happy Birthday Tucson: 243 years of Old Pueblo history. Tucson celebrated its 243rd birthday yesterday. In honor of that, Arizona Daily Star presents “a history of the Old Pueblo” — from 1854 and The Gadsden Purchase, to 2010 when Spring Training said “adios.” http://bit.ly/2LgfOdx 

Cameron’s $5M + deals of the day – http://bit.ly/2LawUJW

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