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Millionaire Now! by Larry Nusbaum

This blog is based on the organizational principles found in my new book, "Millionaire Now! - A Financial Toolbox with Seven Steps to Wealth".

SW Valley Leads Realty Rebound, Experts Say

Posted on 09/05/2007 07:55:54 | Link | Post Comment
SW Valley leads realty rebound, experts say
from the Arizona Republic, reports that many real estate experts believe that the southwest valley is an indicator of where the overall Valley real estate market is headed. Goodyear, Avondale and Buckeye are among 2007's 10 fastest growing suburbs in the U.S. "People are looking at the idea that the market will recover in three to five years, and what were once the hot areas will become hot areas again," said Jay Butler, director of Realty Studies at ASU. "So if you're an investor or whatever, you may move into some of these areas because they offer a sort of attractive play, not over the next year or two, but over the next four to five years," Butler added. Carl Giordano Sr. and his wife Phyllis of RE/MAX Achievers in Goodyear think the housing market is stabilizing. "Phyllis and I believe this is a good market," he said. "And what I mean by a good market is everything that needed to be weeded out is being weeded out.We're back to old real estate. You've got FHA. You've got VA, and you've got conventional (loans)."

Rockefeller development near airport will be huge
from the Arizona Republic,reports that the Rockefeller Group is seeking to rezone 80-acres at the northwest corner of Queen Creek and Gilbert Roads for a large commercial and industrial complex, their first venture into Arizona. Plans filed with the city last week show a cluster of offices, stores, industrial warehouses and restaurants totaling nearly 1 million square feet. Chandler is excited to have new employment in the city. "This project will bring the type of high-paying jobs that are critical to our future," said Chandler Mayor Boyd Dunn. Dunn calls the Rockefeller proposal "a very significant project for Chandler." The layout creates a campus feel south of the municipal airport and puts a grand entrance on Queen Creek Road. The Rockefeller Group purchased the site last year for $21.4 million.

California a top 5 dream for workers:
In keeping with the Labor Day buzz … A poll of 5,727 U.S. workers by CareerBuilder.com and Apartments.com found that the top five states employees say they would like to relocate to are Florida, California, Arizona, North Carolina and Colorado. Yes, California! Other findings:

• 42% of workers say they’ve relocated to another city at least once.
• 32% say they’ve relocated to another state, province or region at least once.
• Of those workers who have relocated for a job, 31% say their employer paid for it.
• 59% of workers say they’d be willing to relocate to another city for a new job.
• 44% are willing to relocate to another state, province or region for a new job.
To read more, CLICK HERE

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