Coming Soon: Apache Sky Casino. This is a brief update on the “San Carlos Apache Tribe[’s]… new casino [which is being built]… in the Dudleyville/Mammoth area.” But with “[l]ate summer monsoon storms [having] delayed some of the construction,“ how soon is “soon”? Find out, from CopperArea.com. http://bit.ly/2ehSIoA
Pollack: Let’s talk oil and gas. But afterwards, let’s talk the apartment market in Greater Phoenix. U.S.: Unemployment Claims, Consumer Sentiment Index, Retail & Food Service Sales, Manufacturing &Trade Inventories/Sales Ratio. AZ: Unemployment Vs. National Trend, Apartment Vacancy Rates/Average Rents/Total Units on Market – Greater Phoenix. http://bit.ly/2dy5bVQ
The homeownership rate: Are demographics destiny? “[The] decline in the homeownership rate has triggered debate among housing experts. Of particular concern is the pronounced drop in the homeownership rate in demographic groups that historically have had lower-than-average homeownership rates.” Freddie Mac VP and Chief Economist Sean Becketti “[c]ontemplat[es] the future,” borrowing this line from Scrooge: ‘“Are these the shadows of the things that Will be, or are they the shadows of the things that May be only?” Find out if Becketti basically says “Bah humbug!” to the “Ghost of ‘Homeownership’ Past” —> http://bit.ly/2ervjRf
Tiny homes are cute, but zoning, regs will apply. “Yavapai County [officials] talk about what constitutes a tiny house and what, if any, regulations might apply.” But existing regs would appear to throw a monkey wrench into plans for fully-realized tiny-house lifestyles — at least in this county. One example? “Yavapai… does not allow for a tiny home on wheels to become a residence on private property.” And, based on thisThe Daily Courier report, county officials seem to be struggling a bit with how to proceed in changing that. http://bit.ly/2eeGsXY
Can leveling the real estate data standards field be a good thing? “The standards… are designed to allow MLSs, brokers and technology vendors to exchange real estate data in a common format without having to re-map the data to the specific format of every one of the nation’s 750 or so separate MLSs.” Inman looks at the “[t]he argument for standards” — how such standards will “alleviate broker pain and costs”; how they’ll “drive innovation” and “[e]levate the entire industry” while “[g]iving consumers what they want….” Redfin CEO Glenn Kelman, Real Estate Standards Organization Chair, Art Carter, and CoreLogic’s Chris Bennett are among the “industry heavyweights” who share their views. http://bit.ly/2ej1pCQ
Cameron’s $5M + deals of the day – http://bit.ly/2epRqpN
The 6th Annual Bentley Scottsdale Polo Championships, November 5th, great party, great cause – http://bit.ly/2d3XWFr |