Here are a few photos of the PV Hilltop Rental
Archive for September 17th, 2007
Paradise Valley Arizona – Hilltop Rental Available Now..
Published September 17, 2007 Blogroll , Paradise Valley Leave a CommentParadise Valley Arizona – Hilltop Rental Available Now..
Published September 17, 2007 Blogroll , Paradise Valley , The Holm Group Leave a CommentAre you are looking for a rental in Paradise Valley for the season or for the year?
If so call Andrew w/ The Holm Group for more details at 480-206-4265.
I have a client of mine looking to rent his hillside home.
3 Bedrooms, 2.5 Baths, Heated Pool/Spa, 3 Car Garage, Over 1.5 acres on a hillside lot..
*Best view in PV* Endless views from the top of Clearwater Hills. A classic Santa Barbara style home that features two master suites(one upstairs, one down), , 1 extra bedroom, formal living & dining, large family room with built in entertainment system, home office, loft and/or exercise room, eat in kitchen, wine room and an oversized 3 car garage. Travertine floors, beautiful stone fireplace, custom wood beams, 3 newer AC units, wet bar and much more.
Rental Rate $5000 a month
If you are looking to buy a home in Paradise Valley click here:
AZ Republic – What a Fed rate cut would mean to you
Published September 17, 2007 Blogroll , Real Estate Articles Leave a CommentRuss Wiles
The Arizona Republic
Sept. 17, 2007 02:13 PM
All compass needles point to an interest-rate cut today. The only real drama hinges on whether it will be a quarter- or half-point reduction. The economy has slowed too much lately for the Federal Reserve not to trim its federal funds rate for the first time in four years, economists say. The measure currently stands at 5.25 percent.The Fed’s decision is important because it has wide ranging implications.
A cut, for example, could ease the monetary pain for some borrowers and provide a general economic boost, but it could also weaken the dollar and make saving accounts a bit less attractive. Reserve chairman Ben Bernanke have been concerned about inflationary pressures, but likely will trim rates anyway today to bolster the economy, which is threatened by housing weakness, the credit crunch and flagging consumer sentiment.Lower rates, on balance, tend to stimulate demand at the risk of pushing up inflation. A U.S. economy at a crossroads sets the stage for one of the most widely anticipated central bank meetings in years. Economists will scrutinize not just the actual move but the wording of today’s report for clues about the future.
In the end, a rate cut could affect everyday Americans in a number of ways, from easing credit card interest payments to making it a bit more costly to buy foreign goods.
For more on what it means to you, see D7.
• Consumer debts
A cut will help many people who owe money. Interest on variable-rate credit cards could ease, and so might the bite on adjustable-rate mortgages. But anyone facing an ARM reset still should expect higher payments – just not quite as bad as they otherwise might be.
Fed actions don’t directly affect fixed mortgage rates, which are based on bond prices. Fixed rates might even rise if investors sense the Fed is growing soft on inflation.
• Savings yields
Interest earned by consumers on money-market funds, certificates of deposit and so on are much higher today than a few years ago. But any Fed rate reduction will eat into yields on savings instruments, especially if it’s followed by more cutting.
For banks, the lower costs of funds from a Fed cut could pad their bottom lines at a time when bank profitability is starting to erode.
• The credit crunch
A rate cut could ease pressure here and lead to the completion of some buyout and other deals currently stalled on Wall Street. But it won’t suddenly make creditors more willing to lend. In part, that’s because the crunch reflects greater risk aversion, a lack of trust and a sense many asset-backed securities weren’t priced accurately. Those intangibles will take time to sort out.
• The stock market
Prices have firmed lately in anticipation of a fed rate reduction. Near term, a quarter-point cut could disappoint investors, while a half-point move could keep the rally going.
Longer term, stock prices will be swayed more by the tone of the economy and corporate profitability. Investors may focus instead on hints from the Fed about the longer-term trend in interest rates rather than just today’s move.
• The dollar and trade
The greenback already is near record lows against the euro, and many believe interest-rate cuts tend to weaken a country’s currency, not help.
Conversely, a weak dollar makes U.S. exports more attractive. That, plus flagging consumer demand, has carved into the U.S. trade deficit a bit. Why not more? Because much of America’s trade imbalance is with the Chinese, whose currency is pegged to the dollar.
AZ Republic – S. Scottsdale homeowners
Published September 17, 2007 Blogroll , Featured Communities , Real Estate Articles , Scottsdale Real Estate Leave a CommentPeter Corbett
The Arizona Republic
Sept. 17, 2007 01:12 PM
SCOTTSDALE – Southern Scottsdale homeowners have invested more than $33 million in remodeling their houses in the past six months, according to city building permit records. The housing overhaul, totaling $108 million since 2003, is part of more than $3.1 billion of investment in commercial and residential development in Scottsdale south of Chaparral Road, the city’s Economic Vitality Office reported in its most recent study.
That $3.1 billion in investment includes:
• $1.16 billion in completed projects.• $1.32 billion in projects under construction.
• $621 million in planned projects.
About two-thirds of the completed projects were downtown, and a third were in other areas south of Chaparral Road.
Just over half the in-progress projects are downtown, which is bordered by Chaparral and Osborn roads, between 68th Street and Miller Road.
In addition to home remodeling, the area south of Chaparral in the past four years has 3,223 residential units already built, in progress or planned.
The area’s median resale home price in the second quarter was $320,000. That is up from $205,000 in 2000.
Development downtown and in southern Scottsdale includes residential, offices, retail, hotels and public facilities.
Nearly 90 percent of the $3.1 billion in southern Scottsdale investment is coming from the private sector.
The city reports about $460 million in southern Scottsdale investment in the past year.
One Scottsdale
Published September 17, 2007 Blogroll , Featured Communities , Scottsdale Real Estate , The Holm Group Leave a CommentOne Scottsdale construction has begun. For more information regarding retail and residential space please contact Andrew Holm at 480-206-4265. Below you will find a brief overview of One Scottsdale.
• Direct access and visibility from 101 freeway and
Scottsdale Road.
• 1.8 million square feet of retail, restaurant and
Class A office space.
• 1,100 mixed-use residential units including urban
estates with phase one offering approximately 250
chic condominiums and penthouses.
• 400 resort and boutique hotel rooms.
• Sixty acres dedicated to mixed-use, with an additional
55 acres reserved for premier residential living.
Andrew Holm
AZ Republic – Scottsdale Quarter latest mixed use project in NE valley
Published September 17, 2007 Blogroll , Featured Communities , Kierland - Scottsdale Quarter , Real Estate Articles , Scottsdale Real Estate Leave a CommentPeter Corbett
The Arizona Republic
Sept. 13, 2007 11:01 AM It has been called Kierland Uncommon, Scottsdale Crossing and now Scottsdale Quarter.By any name, the 1.2 million-square-foot mixed-use project directly east of Kierland Commons is under way.
George Melara, a principal with Nelsen Partners, one of the project’s architects, said some of the initial work on utilities and excavation will begin this week southeast of Greenway-Hayden Loop and Scottsdale Road. Scottsdale Quarter will include restaurants, shops, offices, condominiums and a hotel. A 38,000-square-foot cinema will feature six 40-seat theaters with reserved, leather seating and a lounge.The 28-acre project will be similar to Kierland Commons, which Nelsen Partners designed, but with improvements and more diverse architecture, Melara said.
Completion of the first phase is targeted for fall 2008, he said.
The Wolff Co. and Vanguard City Home are developing Scottsdale Quarter. Glimcher Realty Trust will lease and operate the retail and office component.
Research is still going on at the Dial Innovation Center in Scottsdale and will continue as the first phase of a shopping and office complex is built over the next year.
Developers of the Scottsdale Quarter have started boxing trees and preparing the 28-acre Dial site for construction.
“This is about creating a place,” Melara said. “When it gets done there will be some similarities to Kierland, but the architecture is totally different.”
Scottsdale Quarter is the latest mixed-use project at what is becoming a crowded table in the Northeast Valley, with more participants expected.
That includes these fledgling projects:
• CityNorth, a 144-acre development that the Thomas J. Klutznick Co. has started work on northwest of 56th Street and Loop 101. A Nordstrom department store is an anchor tenant.
• Palisene, a 72-acre project that Westcor is planning northwest of Loop 101 and Scottsdale Road. A tract of state land that Westcor wants for the project is up for auction Oct. 29.
• One Scottsdale, a development of up to 1,100 residential units and a hotel northeast of Loop 101 and Scottsdale Road, where Dial Corp. is building its new U.S. headquarters.
The intent is for Scottsdale Quarter to build off Kierland’s success of creating an urban shopping feel in a suburban setting.
“We’re creating a district that Kierland is a part of,” Melara said.
There will be more variety in the architecture, and the buildings will have a feel of having evolved over time, he said.
“We don’t want it to feel like it was all done by one hand,” Melara added.
The Scottsdale Development Review Board approved plans for the project in late August.
Scottsdale Quarter will have fewer parking spaces on ground level than Kierland Commons has and more in parking garages. A pair of four-level garages, with two decks below ground, will provide about 2,300 spaces, 900 more than required. Street-level shops will surround the garages.
The first buildings will be constructed around the Dial Innovation Center, which will continue its research until the fourth quarter of 2008.
Dial spokeswoman Natalie Violi said Dial is scheduled to move into its new headquarters by November 2008.
Dial’s research center was one of the Scottsdale Airpark’s first large corporate facilities when it opened in 1976. It will be razed after the researchers leave. That will allow development of the second phase at Scottsdale Quarter, which will include more shops and restaurants and an urban park with date palms that will be a focal point of the development.
A third phase will include roughly 240 condominiums and a hotel of 120 to 150 rooms.
The buildings will range from 30 to 60 feet high, with the taller buildings set back from Scottsdale Road.
As planned, Scottsdale Quarter will have about 365,000 square feet of retail and restaurants, 246,000 square feet of offices and 408,000 square feet of condos.
