Friday, April 12, 2019

Fewer first-time home buyers likely to qualify for mortgages under tougher FHA standards

Some first-time and low- to middle-income home buyers will likely be edged out of the housing market under tougher standards recently adopted by the Federal Housing Administration, experts say.

Read more... https://www.usatoday.com/story/money/2019/03/25/home-loans-fewer-first-timers-get-mortgages-under-tough-standards/3271050002/

Monday, February 25, 2019

Sunday, February 17, 2019

Construction update: Great Wolf Lodge Arizona, Ritz-Carlton

From ultra-luxury to family-friendly, Phoenix is about to see some striking new hotel options. Here's a look at three new additions on the horizon for the Valley's resort scene. 

Read more... https://www.azcentral.com/story/travel/arizona/2019/01/07/ritz-carlton-great-wolf-lodge-civana-arizona-construction-update/2303987002/

New Caesars hotel to be built at Scottsdale Fashion Square

Caesars Entertainment Corp. said it will build a non-casino hotel on the northern side of Scottsdale Fashion Square, with construction slated to start later this year.

Read more... https://www.azcentral.com/story/money/business/2019/01/28/caesars-republic-scottsdale-non-casino-hotel-planned-scottsdale-fashion-square/2699905002/

If you really like Fendi, the Italian designer is building homes in Scottsdale

Developers, architects and government leaders gathered Wednesday to break ground on the highly anticipated retail and dining portion of the Palmeraie master-planned community, as Fendi Private Residences was announced as the first luxury name associated with the $2 billion project.

Read more... https://www.azcentral.com/story/news/local/scottsdale/2019/02/14/fendi-homes-scottsdale-paradise-valley-palmeraie-five-star-development-ceo-jerry-ayoub/2861593002/

Saturday, February 9, 2019

Housing Sentiment May Be Bouncing Back

Respondents to Fannie Mae's January National Housing Survey adopted a new outlook to go along with the new year, primarily in responses about their personal financial situation.  As a result, the Home Purchase Sentiment Index (HPSI) increased 1.2 point to 84.7, taking back some of the 2.3 points it shed in December.

Read more... http://www.mortgagenewsdaily.com/02072019_national_housing_survey.asp

Wednesday, January 16, 2019

Real Estate News