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Friday, January 17, 2020   /   by Juan Grimaldo

Snooze plans to open another Scottsdale location

Popular breakfast and brunch chain Snooze an A.M. Eatery is preparing to open another location in Scottsdale.

The Denver-based company applied for a liquor license with the city of Scottsdale for the new location at 8612 E. Shea Blvd. and has started posting job openings online for the location.

The new Snooze space is going where a former Chili’s was located in the Pima Crossing shopping center just off Loop 101 and Shea Boulevard.

Despite the public documents already filed about the upcoming location, Snooze representatives told the Business Journal “we don’t have an updated timeline for that project,” and that it is “still many months away at this point.”

In the liquor license application, which is expected to be approved by the Scottsdale City Council on Jan. 21, the company said it will open a 4,057-square-foot restaurant with an 854-square-foot outdoor patio.

On the restaurant-focused job site Poached Jobs, Snoo ...

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Friday, January 17, 2020   /   by Juan Grimaldo

Where Homebuyers Are Heading By Generation [INFOGRAPHIC]

Where Homebuyers Are Heading By Generation [INFOGRAPHIC]

Some Highlights:

Whether capitalizing on job opportunities, affordability, or warm-weather places to retire, Americans are making moves to these top cities to take advantage of the strength in the current housing market.
A strong economy and lower mortgage rates have made it easier for many would-be buyers to get into the market. According to realtor.com, it just depends on which market.
To find the top market in our area, let’s get together.

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Friday, January 17, 2020   /   by Juan Grimaldo

Dónde se dirigen los compradores de vivienda por generación.

Algunos aspectos destacados

Ya sea capitalizando las oportunidades de trabajo, la asequibilidad, o los lugares de clima cálido para retirarse, los estadounidenses se están mudando a estas ciudades principales para aprovechar la fortaleza en el mercado de bienes raíces actual.
Una economía fuerte y las tasas hipotecarias más bajas han hecho que sea mas fácil para muchos posibles compradores entrar en el mercado. Según realtor.com, depende de qué mercado.
Para encontrar el mercado principal en su área, vamos a reunirnos.

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Thursday, January 16, 2020   /   by Juan Grimaldo

Fast-growing Scottsdale homebuilder drops $21 million to acquire lots in California

Homebuilder Taylor Morrison Home Corp. has picked up more than 200 future home lots in the Folsom Ranch area east of Sacramento, California, paying more than $20 million to do so.

Property records show the Scottsdale-based company bought what’s known as Folsom Ranch Villages 6&7, with escrow closing in December for $21.59 million.

Neither Taylor Morrison (NYSE: TMHC) nor the seller, El Dorado Hills-based WestLand Capital Partners, returned messages seeking comment this week.

But in announcing the sale, brokerage Land Advisors Organization said the property is entitled for 116 single-family homes on 4,500-square-foot lots, and 108 single-family homes on 5,000-square-foot lots.

The sold property is about 40 acres, most of it undeveloped, south of Mangini Parkway between East Bidwell Street and Placerville Road. The sales announcement described the lots as in finished condition.

Last year, Bill Bunce of WestLand Capital said he foresaw several ...

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Thursday, January 16, 2020   /   by Juan Grimaldo

Housing Inventory Vanishing: What Is the Impact on You?

The real estate market is expected to do very well this year as mortgage rates remain at historic lows. One challenge to the housing industry is the lack of homes available for sale. Last week, move.com released a report showing that 2020 is beginning with the lowest available housing inventory in two years. The report explains:

“Last month saw the largest year-over-year decline of housing inventory in almost three years with a dramatic 12 percent decline, pushing the number of homes for sale in the U.S. to the lowest level since January 2018.”

The report also revealed that the decline in inventory stretches across all price points, as shown in the following graph:George Ratiu, Senior Economist at realtor.com, explains how this drop in available homes for sale comes at a time when more buyers are expected to enter the market:

“The market is struggling with a large housing undersupply just as 4.8 million millennials are ...

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Keller Williams Realty Professional Partners - The Grimaldo Group
Juan Grimaldo
7025 West Bell Road #10
Glendale, AZ 85308

© 2020 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. Real estate listings held by brokerage firms other than Juan Grimaldo / Sergio Rodriguez - Keller Williams Realty Professional Partners - The Grimaldo Group are marked with the Arizona Regional Multiple Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. January 19, 2020