'Green' Condos
Here's a super fresh update for today's title article:
Today at the PV Luxury Tour Meeting the Ritz Paradise Valley developer presented. They are seeking LEEDs approval because of the project's "green" factor. Density will be even lower than was previously approved by Paradise Valley. They're anxious to cooperate with Realtors and you can get the advanced peek as the project progresses. Go to www.htaz.com for the Power Point presentation from this morning's meeting. Then go to www.rcpvluxury.com to see the developer's site. They are ready to register your clients.
My goal is to give you the freshest news that will help you manage your business. If you find the articles and updates helpful, contact me for an intro to the escrow officer who most closely matches your business style and location. There's a reason we're voted #1!
If you find this service to be valuable, please consider North American Title for your next transaction.
'Green' condos target luxury end of market, an article from The Arizona Republic, reports that real estate may be slowing down in many areas, but the demand for sustainable luxury living remains high. Developer Catalyst Communities plans to bring a high-end project for those potential homeowners to central Phoenix. The Aura at Camelback will be a sustainable luxury-living development which will feature 36 three- or four-story townhouses with six floor plans, ranging from 2,469 to 3,147 square feet. Prices for the homes will range from $900,000 to $1.3 million. The developer plans to break ground in May. Mike Eisele, president of Agenera, a company that is providing the solar electricity for the project said, "These types of projects are the kind of projects we want to help with to turn the Valley of the Sun into the Valley of solar electricity."
http://www.azcentral.com/arizonarepublic/business/articles/0208biz-phx-greencondos0208.html
Stimulus plan helps some homeowners, an article from MSNBC.com, reports that according to economists, for those who can take advantage of them, the economic rescue plan's mortgage market provisions are likely to give more of a long-term financial boost than the tax rebates of $600 directed to individuals and $1,200 to couples. The stimulus package temporarily raises the maximum size of mortgages that government-sponsored mortgage companies Fannie Mae and Freddie Mac can purchase and market as securities from $417,000 to as high as $729,750. The plan also makes a similar change for loans backed by the Federal Housing Administration, a government agency that insures loans to borrowers with poor credit. Doug Duncan, chief economist at the Mortgage Bankers Association, said the impact of the changes is likely to take several months to be felt in the mortgage market.
http://www.msnbc.msn.com/id/23066636/
Additional articles that you may find of interest:
Estrella at last to get a variety of stores in 2009
http://www.azcentral.com/community/swvalley/articles/0208swv-retail0209inside.html
Public to get preview of ASU nursing school project
http://www.azcentral.com/community/phoenix/articles/0207phx-nursing0209.html
City fears housing on business land
http://www.azcentral.com/community/chandler/articles/0207cr-bigchanges0207.html
Furniture store set for transformation
http://www.eastvalleytribune.com/story/108473
Refinancing: Only for the privileged few
http://money.cnn.com/2008/02/08/real_estate/who_can_refi/index.htm?postversion=2008020805
The 10 lies desperate home sellers tell
http://www.msnbc.msn.com/id/23037077/
Green Living: Natural Décor Better For Earth And Your Wallet?
http://realtytimes.com/rtpages/20080208_greenliving.htm
Get the Word Out: It’s a ‘Good Time to Buy’
http://rismedia.com/wp/2008-02-07/get-the-word-out-its-a-good-time-to-buy/