[OPINION] Kate Gallego easily outsmarts her rivals in the first Phoenix mayor debate. “Not much separates Kate Gallego and Daniel Valenzuela politically. But her ability to communicate her vision for Phoenix vastly outshines his.” By Elvia Díaz at AZCentral. http://bit.ly/2xujRye
Beazer returns to Estrella with 10th neighborhood. • Mission Hermosa • 65 homesites • Six floor plans • Starting in the $250,000s • More on Beazer Homes’ new Goodyear neighborhood via the news release in West Valley View. http://bit.ly/2PGgpYw
Western and Southern states post single-family residential permits growth. “34 states saw growth in single-family permits issued while 16 states and the District of Columbia registered a decline.” Eye On Housing has the mapped-out data, including growth rates for Arizona. http://bit.ly/2PMBW22
Pollack: Phoenix single-family permitting remains strong. The Monday Morning Quarterback hits us with some mixed housing-market numbers — positive permitting figures for Greater Phoenix, “tight resale” data for Greater Tucson. MMQalso has news on Trump tariffs and the impact they’re expected to have on the economy. ‘Snapshots’ include —> U.S.: GDP • Consumer Sentiment • Manufacturing. AZ: Housing Data. http://bit.ly/2xmxIHA
New apartments aim to meet dire affordable housing need, lift Phoenix-area neighborhoods. Heritage at Surprise, at Rimrock St. and Nash Ave., is part of Maricopa County Housing Authority’s “broader plan to upgrade its affordable housing stock across the county, and lift up neglected neighborhoods as it goes.” Madison Heights in Avondale is another such project that has “spurred private investment in surrounding area…” Images and details on both in AZCentral. http://bit.ly/2OzTX3k
Placing a value on your time spent on Zillow. “The Zestimate is marketed as a tool designed to take the mystery out of real estate for consumers who would otherwise have to rely on brokers and guesswork. But where Zillow sees transparency, some brokers and homeowners see fantasy…” The New York Times. http://bit.ly/2pi6r4x
AMENITY-VILLE HORRORS – The one home feature buyers had to have … but regretted getting. Five homeowners from around the country share ‘amenity remorse’ stories about features they thought they couldn’t live without, only to have the amenities “end up being a whole lot more trouble than they’re worth.” And in one case, it turned into a “nightmare.” Realtor.com®. http://bit.ly/2Nm8SBC
Spectrum Retirement Communities seek to meet growing demand of legacy Scottsdale. Scottsdale Independent reports that Colorado-based Spectrum has been given the green light by City Council to construct a facility that “will provide both assisted living and memory care services.” The center “will replace the site once occupied by the Le Cordon Bleu College of Culinary Arts,” at 8102 E. Camelback. Tap on for details and rendering. http://bit.ly/2MDEmhr
Grocery gambles. “The Valley says ‘Willkommen’ to German discount grocer ALDI.” The grocer is set to open locations in Buckeye and Avondale next year. The news has PHOENIX Magazine wondering: “Will it go the way of Fresh & Easy?” http://bit.ly/2PMsdbN
ADOT sells excess land to help fund I-10 widening in Phoenix. “The Arizona Department of Transportation has sold a parcel of land it owned along Interstate 10 in Phoenix for $28.7 million, the largest sale of excess property in the agency’s history.” PinalCentral. http://bit.ly/2QAEilE
ABC’s construction backlog indicator hits a new high. ABC’s “Backlog Indicator expanded to a record 9.9 months during the second quarter of 2018,” with tech “positioned to be an ongoing driver of demand” and Phoenix among cities where contractors “can expect to remain ultra-busy for the foreseeable future…” AZRE. http://bit.ly/2xrCEKs
A WATERSHED MOMENT – Work begins to create the Cobre Valley Watershed Partnership. “In 2012, [the U.S. Bureau of Reclamation] predicted the current gap between water supply and demand (use) in the western United States would grow even larger in the coming decades.” The partnership is being created as a way “to not only ‘understand and allocate available resources,’ but also to “foster cooperation among stakeholders…” Arizona Silver Belt. http://bit.ly/2QJgn3N
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 Rose Law Group founder and president Jordan Rose and Lennar division president Alan Jones. Plus, Belfiore Real Estate Consulting president 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