The Dealmaker: 10/18/2018

The Dealmaker is a daily note of the day’s top real estate stories served just in time for lunch. Bon Appetit! Subscribe here to receive the Dealmaker to your inbox

 

 

 

 

Seeking Family Lawyer (2-5 years). Rose Law Group is looking for an attorney with 2-5 years of experience practicing family law to add to their Family Law Team. Ideal candidate is smart, confident, proactive, and has strong written and verbal communication. Please send resumes to Hopi Slaughter at hslaughter@roselawgroup.com.

Pinal supes approve Queen Creek plan to take over homes from Johnson.(Disclosure: Rose Law Group represents multiple home builders in this area.) QC put in a request to the ACC to “allow them to service parts of San Tan Valley and Florence Anthem that currently are receiving water and wastewater service from Johnson Utilities.” On Wednesday, Pinal BOS  voted to support the proposal, which could ultimately untether “more than 10,000 homes from the system.” STVS. http://bit.ly/2yVB8Bd 

Planning document for 70-square-mile San Tan Valley before supervisors Oct. 31. “San Tan Valley could encompass an area about the size of the town of Gilbert if a comprehensive planning document is approved by the Pinal County [BOS] many say could be a watershed moment in the future development of the area.” QC Independent. http://bit.ly/2PKKC9D

Pursuit of the next generation: Scottsdale millennial leadership takes form. And one of those millennials, “Carter Unger, 37, is leading the charge on a major redevelopment in Old Town.” Scottsdale Independent reports that the plans include “two hotels,” “class A office space,” “retail,” a “public food hall,” “condominiums” and more — “all with underground parking.” http://bit.ly/2CocQ5U

Joseph Carl Homes in rapid expansion. “Since its founding in January, Joseph Carl Homes in Phoenix has gained control of over 500 home sites in 5 communities and has logged 24 finished home closings.” Builder. http://bit.ly/2J3djf5

Sedona declines to support Rojo Grande housing development outside of city limits. Yavapai County was looking for a bit of feedback from Sedona on a project west of the city that would include “628 manufactured home sites and 60 recreational vehicle sites.” The word back from the city? Not crazy about the idea. Red Rock News. http://bit.ly/2EwMilT

Little luxuries: Cool plans under 1,000 sq. ft. “House Plans” — key specs, floor plans, design descriptions, illustrated layouts and more — for a handful of “surprisingly upscale mini-homes,” in Builder. (Just be sure to click on the blue “see more” links when you get there!) http://bit.ly/2P6Ge7r

Stacking up yard sizes by state. See how Arizona’s yard size compares to all the other states in an eye-catching infographic that really does ‘stack’ ‘em up — in REALTORMag. http://bit.ly/2QY8SoM

5 key things to watch for the future of home building. Demographics. Construction. Environment. Logistics/products. Technology. ProSales explores these “key trends that will shape construction through 2048.” (via Builderhttp://bit.ly/2CSrpzO

Cities in Arizona that are better to buy than rent. Neighborhood real estate website HomeArea has released its rankings of Cities in Arizona that are Better to Buy than Rent — from San Tan Valley to Yuma, Casas Adobes to Flag. And AZ Business Magazine has the list.—> http://bit.ly/2S55DgK

What it takes to afford an ‘average’ home in the hottest US cities. ‘HOW MUCH’ do you need to pull in per year in Phoenix in order to pay for a 30-year fixed rate mortgage on an “average sized home,” assuming 20 percent down and a total housing but not pushing past “28 percent of gross income”? Find out at CNBC. http://bit.ly/2CSftOG

GRIC agrees on study to widen I-10, SR 347. “The Maricopa Association of Governments [MAG] and the Gila River Indian Community [GRIC] announced Wednesday an agreement to study widening [I-10] and [SR 347] through the GRIC. The study will ‘examine potential capacity and other upgrades to [I-10] between Phoenix and Casa Grande’ ” Maricopa Monitor. http://bit.ly/2P5YtKj

Andaz Scottsdale voted Top Resort in the Southwest. Congratulations to Andaz Scottsdale Resort & Spa which “was recognized this week among the top resorts in the world in the coveted Condé Nast Traveler’s 2018 Readers’ Choice Awards…” AzBigMedia. http://bit.ly/2RZbdRy

Expedia names Tucson as one of the most fun cities in the U.S. Travel tech company Expedia has plenty of high praise for the city once nicknamed the “Sunshine Factory,” calling it “one of 14 cities that ‘give you the worst case of FOMO…’ ” Arizona Daily Star. http://bit.ly/2S1LS9w 

Boulder City Council schedules emergency vote to limit large houses. Time for a bit of regional news, this out of Colorado courtesy the Daily Camera, on “a measure that will either temporarily outlaw large homes or make them more expensive to build.” http://bit.ly/2Esm2co

Concerned about housing costs, Salt Lake City loosens rules on ‘mother-in-law’ apartments. “[A]ccessory dwelling units — basement apartments, ones inside or above garages and those in separate buildings in yards — have for years been limited in Utah’s capital.” On Tuesday, major restrictions on such dwellings were lifted. The Salt Lake Tribune. http://bit.ly/2QY9quQ

Cameron’s $5M + deals of the day​ – http://bit.ly/2P9NDTD​

Attend VIP Preview Party Friday November 9th, kicking off 8th Annual Bentley Scottsdale Polo Championships  – http://bit.ly/2PIrhpm

 


10th Annual AZ DealMakers – January 11, 2019. Don’t miss out on the BIGGEST homebuilding industry event for real estate forecasting and analysis, featuring the best speakers in the industry, including Meritage Homes Chairman & CEO Steven J. Hilton and Christopher Todd Communities CEO Todd Wood. Plus, Belfiore Real Estate Consulting President & Founder Jim Belfiore provides an Overview on Housing. For the full list of speakers & panelists, along with registration info for Arizona Housing: Growth, Its Costs, Challenges & Opportunities, tap on! http://bit.ly/2LAvclq 

 

 

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


Mesa probing bogus text that lies about ballot question. “The Mesa City Clerk’s office is investigating a slick — but bogus — attempt to use inaccurate information to steer the outcome of the upcoming home rule election through a text message using a ‘calculated misrepresentation’’ to mislead voters.” East Valley Tribune. http://bit.ly/2AhwOhu

Patriot Movement members sue Katie Hobbs over Ducey tweet.  “Members of the Patriot Movement AZ are suing Secretary of State candidate Katie Hobbs over a six-month-old tweet in which she criticized Gov. Doug Ducey for posing with the controversial activist group.” Arizona Capitol Times. http://bit.ly/2NNPfO0

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