Arizona is adding homeowners faster than any state in the nation, a sign of continued growing economic momentum in the state. The state’s quarter-over-quarter homeowner rate change increased by 7.7 percentage points in Q2 2020, according to data from the U.S. Census Bureau, the best in the nation.“The American dream of owning a home is alive and well in Arizona,” said Governor Ducey. “People continue to flock to Arizona for our growing jobs market, unbeatable quality of living, and affordable … [Read more...] about Arizona Leads Nation In Homeownership Growth
property
Property Zoning Makes a Difference
All major development projects are not alike. Some projects come before City Council and have a lot of public input, for and against. We have hours-long Council meetings about traffic and the neighborhood impact, design, lighting, etc. But other significant developments do not come before Council at all. The difference is the zoning of the property in question. If the property is zoned to allow the proposed use, then the Council has no authority to deny the use as long as the zoning … [Read more...] about Property Zoning Makes a Difference
Sedona Resort Completing $25 Million Renovation
It's easy to understand Myra DeGersdorff's enthusiasm about upgrades at Enchantment Resort and Spa. As general manager of the property, nestled among Sedona's breathtaking red rocks, $25 million can go a long way in creating magnificence. DeGersdorff has been in the business for three decades and calls this the best renovation she has ever seen. "It is something you would expect if you were in New York, L.A., or even South Beach, " she said, describing improvements at the high end resort. … [Read more...] about Sedona Resort Completing $25 Million Renovation
Spotlight Video: Hope Construction
David Carpenter of Hope Construction is known as Flagstaff's Green Builder. Well known for his company's quality construction and remodeling projects, Carpenter also works closely with property owners seeking energy audits. (928) 527-3159 or www.hopeconstructionaz.com … [Read more...] about Spotlight Video: Hope Construction
Making Transactions Happen for Clients
Hospitality: Approximately $11.4 billion in lodging assets sold in the first half of 2011, compared to $4.9 billion in the first half of 2010 (CoStar). Multi-family: Apartment transaction volume surged 132 percent from this time last year until now (Real Capital Analytics). Office: The U.S. office market absorbed 12.0 million square feet in 2011, which is the highest amount of absorption since 3Q07 (Grub & Ellis). Retail: In 2010, there were … [Read more...] about Making Transactions Happen for Clients
FBN recently spoke with Mark Guard, owner of Guardian Appraisal Services in Flagstaff. Guard has been in business for many years, and seen his industry change significantly since the start of the recession. While lending agencies are changing the way they do business, most people believe honest appraisers are more important to property owners than ever before. What is your business philosophy? Honesty, integrity and knowledge. As an appraiser I am tasked with providing an … [Read more...] about
Don’t Ignore Risk of Flooding
Water is essential to life, but when it comes in the form of a flood, it can inflict severe financial damage and even render a home unlivable. You can alleviate that risk with flood insurance, but it is important to understand its terms and conditions. You might think you are at greater risk from fire than flooding. But did you know that 90 percent of all natural disasters in the United States. involve flooding? Floods and flash floods happen in all 50 states. Some overlooked causes of … [Read more...] about Don’t Ignore Risk of Flooding
Flagstaff Rabies Quarantine in Effect
The Rabies Quarantine, enacted by the Coconino County Board of Supervisors, begins Monday and continues through August 12. It will allow for the placement of the oral rabies vaccination (ORV) packets in the greater Flagstaff area. When residents keep their pets indoors it will help to ensure the bait packets are ingested by the intended wildlife, and not domestic cats and dogs. Similar oral rabies vaccine (ORV) distribution efforts took place in 2009 and 2010. The Coconino County … [Read more...] about Flagstaff Rabies Quarantine in Effect
Tax Increase Largely Offset by Valuations Drop
The Coconino County Board of Supervisors has been meeting with county departments and has a preliminary budget for the upcoming fiscal year. The supervisors are scheduled to preliminary adopt the budget on June 14, 2011, in a public meeting. Final adoption will occur on July 12, 2011, with the final tax rates set on August 9, 2011. Even with a proposed increase in the Flood Control District tax, Coconino County will remain in the lowest one third of counties statewide based on primary … [Read more...] about Tax Increase Largely Offset by Valuations Drop
State of Emergency–AZ’s Wallow Fire Updates
Governor Jan Brewer today signed a Declaration of Emergency in response to the wildfires raging in Apache and Greenlee Counties. This declaration releases $200,000 from the Governor’s Emergency Funds (via the State General Fund) to pay for emergency responses and recovery expenses for damage resulting from the fires. The funding will support costs not covered by the federal fire management assistance grant, as well as recovery efforts following suppression of the fire. The Governor's … [Read more...] about State of Emergency–AZ’s Wallow Fire Updates
