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National companies can't divide up their business in ways designed solely to minimize their Arizona corporate tax liability, the state Court of Appeals has ruled.
Calling the findings legally unjustified, the state Forestry Division on Thursday is challenging the findings of liability and $559,000 in fines by state safety officials in the deaths of the 19 Granite Mountain Hotshots.
After an extensive search and multiple interviews, the Ahwatukee Recreation Center’s independent interview committee has named Amy Nicholls as its new general manager.
Once again, the sun is shining on the housing market in Phoenix. Arizona is attractive once again to buyers with retirement, and a warmer climate, on the horizon. In 2012, domestic migration climbed high as it had been in the past five years as Arizona welcomed 26,000 migrants from other states. Across the state, as mortgage rates are decreasing and home values rising, the housing market is enjoying an influx as baby boomers choose our sunny skies. Even local retirees are opting to downsize, placing their current homes up for sale in favor of less maintenance.
Things have been changing in ZIP codes 85044, 85045 and 85048. We’ve gone from a Seller’s Market trending to a Buyer’s Market and now stabilizing into a more “normal” market. The number of property sales for the last two months have been consistent. Sales price per square foot remained stable for four months, dipping slightly in October. I emphasize “slightly” as you will see from the numbers.
I consider the investors who came into our wonderful community and bought up all of our golf courses to be no better than slumlords when it comes to the Lakes Golf Course. I’m sure all along their plans were to shut it down and build homes on it. And now we are seeing acres and acres of blight and barb-wire fencing degrading an area that once was beautiful with lakes, green grass and healthy trees. They have not only lowered the property values in the surrounding areas, but their ugly fence has forced high schools students to walk in the street.
“Keep Kyrene Strong.” You’ve seen the bright yellow signs on prominent corners in the Kyrene corridor, but what does that mean, exactly?
The trend is changing in ZIP codes 85044, 85045 and 85048. What was a strong sellers’ market, is becoming a “normal” market for both buyers and sellers. Properties are not flying off the shelf in a matter of hours. There are fewer multiple offers on them, so they are typically not selling for more than full price. Why are we seeing a change? There are many factors that enter into the equation.
The smell of grass, the sound of sprinklers and the shade of three large ficus trees have all disappeared from Arthur and Jeananne Pastin’s yard. Instead, barrel cacti, red bird of paradise shrubs and palo verde trees sprout from gray- and brown-flecked granite gravel.
A new apartment complex that boasts the most amenities of any in the community is currently being built at Chandler Boulevard and 51st Street.
Ahwatukee Foothills has a great mix of housing products from condominiums to million-dollar custom estates. The overall market has seen an incredible bounce back in the last 12 months. The “Luxury Market” was the last to be hit and has been the last to recover. You may wonder how this segment of the market fares in comparison to performance across median single-family homes across the Valley.
Dale Moseke was recently appointed vice president of sales and marketing for Scottsdale-based OB Sports Golf Management. Moseke is responsible for continuing to evolve OB Sports’ comprehensive sales and revenue strategies at its 45-plus golf properties nationwide.
The city is asking for public input as staff moves forward with a plan to reduce the emergency food tax by one half a year early.
Trying to define the “right time” to move as an older adult can be like herding cats: any expectations of organized decision-making descend quickly into chaos. Practical and emotional considerations present themselves as barriers to clear thinking and action, and before you know it, you don’t know what to do.
The farm-to-table movement has become farm to facial for some in the spa industry, with more locations offering fresh herbs and flowers from their own gardens for treatments.
This Tuesday, Aug. 27, will be the final day to vote in the Phoenix City Council election.
The July numbers continue to show improvement in ZIP codes 85044, 85045 and 85048. July property sales totaled 169, down 3 percent from last month but up 16.6 percent over July of 2012. The median sales price in July was $291,000, up 16.4 percent over the prior year. Currently the medium list price is $345,000, which is down 1 percent over last month and up 30 percent over prior year same month (PYM). July 2013’s average sales price was $320,350, up 2.7 percent over last month and up 23.1 percent over PYM. July 2013 sales were at their highest level compared to July of 2012 and 2011. More properties are closing escrow and July’s YTD sales of 1,079 are 12 percent ahead of last year’s year-to-date of 963 sales.
Three board members have been recalled, a new management company has been hired, and a search for a new law firm is well under way in the Pecos North Homeowners Association.
Ahwatukee Golf Properties (AGP) has agreed to immediately begin watering trees and grass on The Lakes Golf Course and to repay the Ahwatukee Board of Management the money it paid to fill the lakes after several homeowners associations have come together to provide AGP with a cheaper water source for Club West Golf Course.
An abandoned water line may be the solution needed to keep all Ahwatukee Foothills golf courses viable into the future.
Like everyone else, you want to leave a legacy. To make it happen, though, you need to do some estate planning. For most of us, that sounds like a scary task, but it doesn’t have to be — as long as you break it down into a few key moves.
A special meeting of the Pecos North Homeowners Association will be on Wednesday, July 17 for a vote on the recall petition of four of the five HOA board members.
The news continues to be good with our market trending upward. Combining the three area ZIP codes of 85044, 85045 and 85048, June property sales totaled 174, down 13 percent from last month but up 30 percent over June of 2012. The Median Sales Price in June was $263,900, up 9 percent over the prior year. Currently, the medium list price is $349,900, which is up 4 percent over last month and 31 percent over prior year same month (PYM). June 2013’s average sales price was $311,835, even with last month and up 14 percent over PYM. June 2013 sales were at their highest level compared to June of 2012 and 2011. June YTD sales of 910 are 11.2 percent ahead of last year’s year-to-date of 818 sales.
In the last real estate column I wrote I discussed how landlords can create better relationships with their tenants, causing positive results for both parties. I received a great email from a reader who asked if I could mention how important it is for landlords to also discuss the Conditions, Covenants and Restrictions (CC&R’s) of a Homeowners Association (HOA) with the tenants. In Ahwatukee there are only a handful of neighborhoods that do not have an HOA.
It’s no secret: Arizona is no stranger to wildfires. The Doce Fire has burned more than 6,700 acres near Prescott — the state’s first major wildfire in what could be a rougher-than-normal wildfire season (Editor’s note: After receiving this the Yarnell Hill Fire happened near Prescott, killing 19 firefighters on June 30).