Surge in condominium sales cited by Realtors survey
National Association of Realtors survey shows condo sales rising nationwide with hot resales in Rockville and Evanston. Buyers include under 35s and empty nesters, while pricing ranges from about 24 000 to six figures and mid priced units lag slightly.
MENTIONED IN THIS ARTICLE
United States
National Association of Realtors
Rockville
Washington, D.C
Chicago
Evanston
California
San Diego
Florida
Maitland
Fla
Orlando
First National City Bank of New York
Dade
Broward
Palm Beach
Ken Kerin
National Association of Realtors’ Department of Economics and Research
HUD
Matanky
Washington
City permits rise in Scottsdale for July
City data show 341 building permits issued in Scottsdale in July valued at nearly 5.8 million dollars. This compares with 223 permits worth 2.7 million last July. Single family permits numbered 174 with a 4.9 million valuation, up from 67 permits worth under 2 million in the prior July.
MENTIONED IN THIS ARTICLE
Scottsdale
Scottsdale firm builds shopping center in Flagstaff University Plaza
Community Financial Corp announced construction began on a 7 million shopping center in Flagstaff named University Plaza across from Northern Arizona University. TG and Y, Safeway, and SuperX Drugs will anchor with large stores. the center is 75 percent leased, covering 21 acres and more than 159000 square feet.
MENTIONED IN THIS ARTICLE
Community Financial Corp
Winfield Scott Plaza
Flagstaff
Community Financial Associates
Sutter Hill Ltd
Genstar Ltd
Montreal
White Pine Associates
University Plaza
Northern Arizona University
Tg&y
Safeway Stores
Superx Drugs
Oro Verde Foothills begins phase one in Phoenix
Construction starts on phase one of Oro Verde Foothills a 60 acre northeast Phoenix development by Oro Verde Development Co Inc Builders Bill Goodheart and Peter K Shields co venture 22 custom home lots priced at 90000 and up Phase two plans 31 lots located between 42nd and 44th streets Onyx Street one half mile south of Shea Boulevard First two homes began construction in early August.
MENTIONED IN THIS ARTICLE
Phoenix
Oro Verde Foothills
Bill Goodheart
Peter K. Shields
Oro Verde Development Co. Inc
42Nd Street
44Th Street
Onyx
Shea Boulevard
Realty firm forms new divisions with expansion plans
Ed Thirkhill Realty a Pioneer Industries company announces new divisions and expansion. Ron Sullivan named vice president and general manager coordinating seven Valley offices and Scottsdale residential sales. John Miller named sales manager for new subdivisions. John Bingman to head special projects division offering research and feasibility studies for investors. Red Carpet Real Estate relocates main office and promotes new office openings led by Al Tome.
MENTIONED IN THIS ARTICLE
Ed Thirkhill
Million Dollar Club
Sullivan
St. Maria Goretti Church
Bingman
Arizona
California
Institute of Sales Research
Red Carpet Real Estate
W. Thomas
Camelback Rd
al Tome
Tome
Balloon Payments Stress Homebuyers
A reader reports discovering a balloon loan payment of 7000 dollars due in five years after purchasing a home. The issue, often triggered by buyers misunderstanding original terms, appears months or years after the sale. This problem reflects broader confusion among home buyers.
MENTIONED IN THIS ARTICLE
James M. Woodard
Open House Insights on Reducing Home Buying Stress
A psychologist cites the high stress of home purchases due to large sums of money and complex documents. Buyers often distrust real estate agents and rush through details during closing. Take time, ask questions, read carefully, and study documents at home to prevent problems later.
MENTIONED IN THIS ARTICLE
Richard Evans
University of Houston
Evans
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