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KELLER WILLIAMS REALTY - THE GRIMALDO GROUP BLOG

Saturday, October 12, 2019   /   by Juan Grimaldo

'Fast & Furious' actor's cars to be auctioned off in Scottsdale

(Image provided by Brian C Bossert)


Barrett-Jackson Auction Co. is known for bringing in some high-profile vehicles to its annual Scottsdale auction, and next year it is highlighting a collection from actor Paul Walker.
Walker, who starred in the hugely successful "The Fast and the Furious" film franchise, was an avid car collector until his death in 2013. The Barrett-Jackson auction, held Jan. 11-19, 2020, will feature 21 of Walker's cars crossing the block.
“We’re deeply honored to offer the amazing Paul Walker Collection at our 2020 Scottsdale Auction,” said Craig Jackson, chairman and CEO of Barrett-Jackson, in a statement. “Paul’s impact was immense through both his influence as an actor in the ‘Fast and the Furious’ movies and his philanthropic drive as the founder of Reach Out Worldwide.”
Among the cars being auctioned will be five versions of the 1995 BMW M3 E36 Lightweight. The German automaker released this variant f ...

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Wednesday, October 9, 2019   /   by Juan Grimaldo

Homeownership is the Top Contributor to Your Net Worth

Homeownership is the Top Contributor to Your Net Worth


Many people plan to build their net worth by buying CDs or stocks, or just having a savings account. Recently, however, Economist Jonathan Eggleston and Survey Statistician Donald Hays, both of the U.S. Census Bureau, shared the biggest determinants of wealth,

“The biggest determinants of household wealth [are] owning a home and having a retirement account.” (Shown in the graph below):

This does not come as a surprise, as we often mention that homeownership can help you to increase your family’s wealth. This study reinforces that idea,

 “Net worth is an important indicator of economic well-being and provides insights into a household’s economic health.”

Having equity in your home can help your family move in that direction, building toward substantial financial growth. According to the report noted above, peopl ...

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Wednesday, October 9, 2019   /   by Juan Grimaldo

La propiedad de la vivienda es el contribuyente principal a su patrimonio neto

Recientemente dos de los investigadores de la oficina del Censo de los Estados Unidos publicaron sus hallazgos sobre los determinantes principales del patrimonio de los hogares. Lo que ellos encontraros puede ayudar a dar forma a su punto de vista sobre la creación del patrimonio neto de su familia.

Muchas personas planean construir su patrimonio neto comprando CD, acciones, o simplemente teniendo una cuenta de ahorros. Sin embargo, recientemente el economista Jonathan Eggleston y el estadístico de encuestas Donald Hays, ambos de la oficina del Censo de los Estados Unidos, compartieron los determinantes principales de la riqueza,

“Los determinantes principales del patrimonio de los hogares [son] la propiedad de la vivienda y tener una cuenta de retiro”. (como se muestra en la gráfica a continuación):


Esto no es una sorpresa, ya que a menudo mencionamos que la propiedad de la ...

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Wednesday, October 9, 2019   /   by Juan Grimaldo

Just ignore the mess: With tight Phoenix inventory, even 'hoarding' houses in demand

(Image provided by ReMax)



The housing inventory in metro Phoenix is so low, even distressed properties — such as so-called hoarding houses — are in demand.
So says Craig Mernitz, a real estate agent with RE/MAX Fine Properties in Scottsdale.
He should know. He's helped to get more than 50 hoarding homes cleaned up and back on the market in metro Phoenix since becoming a member of the Arizona Hoarding Task Force in 2010. Hoarding homes are just what the name implies — their prior owner had filled the residence with junk or even discarded food. 
Of those 50 cases, 10 were very extreme, where he's had to wear protective clothing to enter the structures, including at a property he is working with in central Phoenix in the 85003 ZIP code.
"It's the worst hoarding house I've seen," Mernitz said. "I had to go into the property with a HazMat suit on. The odor was terrible. It took $100,000 to clear the house of their belongings."
Built in 1921, that 2,700-s ...

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Wednesday, October 9, 2019   /   by Juan Grimaldo

Phoenix embarks on $3B bioscience capital projects, creating 7,000 jobs

(Image provided by HKS)


More than $3 billion in bioscience capital expenditures will be invested in Phoenix during the next 24 months, according to a report presented to Phoenix City Council on Oct. 8.
Of that investment, $1 billion is underway, said Christine Mackay, director of economic development for the city of Phoenix.
During the next two years, more than 7,000 healthcare and bioscience jobs will be created. A multiplier effect, which includes the creation of support jobs and service industry jobs in the region to support those workers pushed the total of new jobs nearly three times higher, she said.
The multiplier of traditional office jobs is 1.7 — for every office job, another half position is created, she said. But when looking at medical schools, hospitals, research institutes and bioscience companies, those jobs create three to five more jobs for every health care job.
"The 7,000 jobs aren't really 7,000 but more like 21,000 jobs in the region," Mackay said ...

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Keller Williams Realty Professional Partners - The Grimaldo Group
Juan Grimaldo
7025 West Bell Road #10
Glendale, AZ 85308
480-365-8346

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Goodyear, AZ 85338

© 2019 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. October 19, 2019