| Homeowner does not have to remove encroaching wall. Introducing a new weekly Dealmaker feature: A Real Estate Q&A from Rose Law Group real-estate litigation-department chairman, Adam Martinez. Catch Adam’s highly informative column every Wednesday, right here —> http://bit.ly/2gUJXU7
The Short Course at Mountain Shadows. “Renowned golf course architect Forrest Richardson, ASGCA, principal of Forrest Richardson & Associates, breathed new life into The Short Course with a complete redesign.” Go hole-by-hole for design details of this “course [that was ‘reinvented’] to be the preeminent par-3… in the country.” And, with a little over two months to go until the course’s debut, it’s probably a good idea to book a tee time for 2017 — NOW!… if any are still available. http://bit.ly/2gCU4Kk
New housing development coming to south Peoria. Townley Park [not to be confused with Towelie Park, a fictional recreational venue rumored to be worked into the storyline of an upcoming episode of South Park] will be located on a 10.1-acre site at the “southwest corner of 89th and Olive avenues…. Developer Garrett-Walker Homes has plans for Townley Part to include 40 lots, with open space amenities, and an overall density of 3.96 units per acre.” More on this new single-family housing development — construction timeframe, likely opening date, and a traffic-light concern — in YourWestValley. http://bit.ly/2gUME8r
Downtown Tucson lands first hotel in 30 years. The eight-story AC Hotel Tucson by Marriott [151 E. Broadway] “will open for business in the summer of 2017.” Head to AZRE for details on the hotel’s “business traveler” design and to see a rather unconventional rendering that depicts the hotel in a nighttime setting. Also, Tucson Mayor Jonathan Rothschild talks downtown’s “massive revitalization” after what he says was “40 years of wandering in the desert.” http://bit.ly/2h6Drb2
‘Potent cocktail’ fueling home prices. According to CoreLogic’s president and CEO Anand Nallathambi, this “cocktail” is a mix “of high demand, low inventories and historically low interest rates…” This Jann Swanson report in Mortgage News Daily on CoreLogic’s Home Price Index for October includes: A look at states with the highest and lowest price appreciation, and the HPI forecast for the year ahead. http://bit.ly/2h3tVVB
CoreLogic HPI up 1.1% in October. In the event you didn’t get your HPI fix from Jann Swanson’s report above, we bring you this take from Builder Online,which features a COMPLETE “Home Price Change by State” list. http://bit.ly/2h6BITk
Short-term rentals don’t have big impact on rents, experts say. “[H]alf of respondents to the [Zillow] survey said that short-term rentals’ impact [‘on housing affordability’] is ‘meaningful, but small.’” Click through to Inman for more highlights from the survey, including the percentage of experts who said that the impact of short-term rentals (such as Airbnb) “isn’t meaningful” at all. http://bit.ly/2gUJul6
[IN-DEPTH] 8 experts predict what the 2017 housing market has in store. Steve Cook, editor of Real Estate Economy Watch; Doug Duncan, senior vice president and chief economist at Fannie Mae; Mark Fleming, chief economist at First American; Matthew Gardner, chief economist at Windermere; Svenja Gudell, chief economist at Zillow; Ralph McLaughlin, chief economist at Trulia; Rodney Ramcharan, director of research at University of Southern California’s Lusk for Real Estate; Jonathan Smoke, chief economist at realtor.com.” Check out the ‘fortune telling,’ at Inman. http://bit.ly/2h3uYVJ |
