December 2016

           You miss 100 percent of the shots you never take. —Wayne Gretzky       Weekly Apartment Closing Update and map for apartments for sale Phoenix Arizona Metro – through December 23, 2016. http://campaign.r20.constantcontact.com/render?m=1102520705937&ca=69108e77-4f0d-4739-bf2c-54682058dac1   Kasten Long Commercial Group tracks all advertised apartment communities, including those advertised by other brokerages.  …

Weekly Apartment Closing Update and map for apartments for sale Phoenix Arizona Metro – through December 23, 2016. Read More »

      You miss 100 percent of the shots you never take. —Wayne Gretzky Dec 22, 2016, 10:20am MST Cassidy Trowbridge Reporter Phoenix Business Journal Using the unemployment rate for the city, employed population growth, median annual earnings for full-time workers, and median monthly rent NerdWallet ranked the 100 largest U.S. cities and found …

Phoenix, Valley cities rank in top 50 best cities for job seekers Read More »

    The two most important days in your life are the day you are born and the day you find out why. –Mark Twain     DAILY REAL ESTATE NEWS | WEDNESDAY, DECEMBER 21, 2016 Existing-home sales were on the rise last month, led by a surge in the Northeast and modest gains in …

5 Stats to Watch as Home Sales Rise Read More »

    The best revenge is massive success. –Frank Sinatra     Home-builder confidence is at its highest level in years. But home building dropped 19 percent in the most recent month. These decreases come at a time when inventory levels are already severely constrained and many in the industry are calling for more new construction …

Why Aren’t Home Builders Building? Read More »

You miss 100 percent of the shots you never take. —Wayne Gretzky           Weekly Apartment Closing Update and map for apartments for sale Phoenix Arizona Metro – through December 16, 2016. http://campaign.r20.constantcontact.com/render?m=1102520705937&ca=35c4b940-d537-4ea4-9ea2-c73960609cf0   Kasten Long Commercial Group tracks all advertised apartment communities, including those advertised by other brokerages.  The interactive map …

Weekly Apartment Closing Update and map for apartments for sale Phoenix Arizona Metro – through December 16, 2016. Read More »

      If you’re offered a seat on a rocket ship, don’t ask what seat! Just get on. –Sheryl Sandberg   By Cicely Wedgeworth | Dec 1, 2016 We’ve predicted a slight slowdown for the U.S. real estate market next year, but the realtor.com® economic team is forecasting that most of the nation’s hottest markets are going to keep …

Top Real Estate Markets for 2017: The West Read More »

    If you don’t read the newspaper you are uninformed, if you do read the newspaper you are most likely misinformed. – Mark Twain   Dec 13, 2016, Eric Jay Toll Reporter Phoenix Business Journal Another San Francisco technology company is opening an office in the Valley. Houzz, a home remodeling and design platform, …

Another Silicon Valley tech company opening 150-employee Tempe office Read More »

        If you want to lift yourself up, lift up someone else. –Booker T. Washington   Dec 14, 2016 Diana Bell The long-anticipated increase in the Federal Reserve’s key interest rate materialized this week when the Federal Reserve announced it will raise the target range for the federal funds rate to between 0.5 and …

Interest Rate Hike No Surprise and Will Be Easily Digested, Real Estate Pros Say Read More »

    Limitations live only in our minds.  But if we use our imaginations, our possibilities become limitless. –Jamie Paolinetti     Traders Doubt the Fed Will Hike Rates Three Times Next Year“The Federal Reserve’s indication this week that it expects three rate hikes in 2017 both moved markets and generated skepticism. In particular, traders …

10 Must Reads for the CRE Industry Today (December 15, 2016) Read More »

  You take your life in your own hands, and what happens? A terrible thing, no one to blame. –Erica Jong     By Chuck Reed | Nov.Dec.16 A recent U.S. Supreme Court decision not to review a ruling from the California Supreme Court in Building Industry Association v. City of San Jose gives cities …

Boon for Affordable Housing -Ways in which developers can prepare for new mandates Read More »