Tuesday, June 7, 2011
2012 Tostito Fiesta Bowl
2012 Tostitos Fiesta Bowl game date has been confirmed for January 5th. Let the countdown begin!
Sunday, June 5, 2011
12 AZ Resorts Make Conde Naste Traveler's top 100 Resorts.
Readers of Conde Nast Traveler voted on the top 100 spa resorts on the U.S. mainland, and 12 came from Arizona.
Sanctuary on Camelback Mountain in Paradise Valley weighed in at number 28. Spa Director Robert Vance said in a news release the spa’s breadth of services and team members set them apart.
“I am very proud of the Spa team, and this nod by the readers of Conde Nast Traveler is a testament to their fine work,” Vance said.
Also making the list:
Sanctuary on Camelback Mountain in Paradise Valley weighed in at number 28. Spa Director Robert Vance said in a news release the spa’s breadth of services and team members set them apart.
“I am very proud of the Spa team, and this nod by the readers of Conde Nast Traveler is a testament to their fine work,” Vance said.
Also making the list:
9. Enchantment Resort, Sedona
28. Sanctuary Camelback Mountain, Paradise Valley
33. JW Marriott Starr Pass Resort & Spa, Tucson
T-42. Camelback Inn, Scottsdale
T-42. Royal Palms Resort and Spa, Phoenix
48. Los Abrigados Resort & Spa, Sedona
63. Golden Door Spa at The Boulders, Scottsdale
72. Canyon Ranch, Tucson
72. Fairmont Scottsdale
75. JW Marriot Desert Ridge Resort & Spa, Phoenix
90. Miraval, Tucson
94. Loews Ventana Canyon, Tucson
Bad news for national housing numbers; Phoenix doing okay
azfamily.com
Posted on May 31, 2011 at 10:04 PM
Updated Wednesday, Jun 1 at 1:19 PM
PHOENIX, Ariz. - A national report by S&P/ Case-Shiller says an index of home prices in Phoenix has reached its lowest point since 2006, since the housing bubble burst.
The report measures data from March of this year.
Some analysts say the bottom could still be several months away, predicting prices take another 5 percent hit.
Mike Orr, founder of The Cromford Report, says while he agrees with the data, he believes the Valley has hit bottom and prices are on the upswing.
"February 22 was actually the date when I got the lowest reading. They're starting to move up now, but most people will not notice it because we're only talking about 1 or 2-percent... There's been a huge change in the market- the number of listings available for sale has dropped by nearly 40 percent, people who are trying to buy are finding that they're in a multiple bid situation."
Friday, June 3, 2011
Mortgage Insurance Cancellation: The Myths and Realities
By Brien McMahon
RISMedia, June 3, 2011—When it comes to private mortgage insurance (MI), there are several myths that exist that make buyers reluctant to consider a conventional loan with MI as an option when purchasing a home. One of the more common misconceptions is that cancelling MI is a difficult—not to mention time-consuming—process.
The irony is that the majority of buyers don’t harbor those same beliefs or reservations about an FHA insured loan when, in reality, FHA coverage may be less easily cancelled, or take longer to cancel, than MI. Read article
Thursday, June 2, 2011
Mortgage rates still in free fall
Borrowers stay on sidelines as fixed-rate loans hit new lows for year
By Inman News, Thursday, June 2, 2011.
Low rates haven't done much to spur home purchases and there's been no rush to refinance, a separate survey by the Mortgage Bankers Association showed. Read more.
Wednesday, June 1, 2011
Phoenix-area "shadow inventory" of homes doing well in market
Foreclosures selling faster here than in other areas
Metro Phoenix has a "shadow inventory" of nearly 100,000 homes, the kind that market watchers sometimes fear could flood the region's long-suffering housing market and drive down prices.
These homes are either in foreclosure or the owners are behind on their mortgage payments, signaling that the houses could eventually join the supply of properties offered by lenders for sale at a deep discount.
But the region is actually in much better shape than other parts of the U.S. hit hard by foreclosures, according to new analysis from a national real-estate group.
These homes are either in foreclosure or the owners are behind on their mortgage payments, signaling that the houses could eventually join the supply of properties offered by lenders for sale at a deep discount.
But the region is actually in much better shape than other parts of the U.S. hit hard by foreclosures, according to new analysis from a national real-estate group.
Read more: http://www.azcentral.com/business/realestate/articles/2011/05/28/20110528phoenix-shadow-inventory-housing-market.html#ixzz1O4CGBjCe
Tour the Grand Canyon by Air
Trying to squeeze in a visit to the Grand Canyon on your trip to Scottsdale? Look no further than Sky Treks. With air tours leaving directly from Scottsdale Airport, you can fly to the canyon and back in as little as three hours, seeing the red rock formations of Sedona, the Painted Desert and the Navajo Indian Reservation along the way. Or opt for an even “grander” tour with the Grand Canyon Adventure Tour which includes a stop for lunch at the Canyon Rim, a helicopter tour into the canyon and a pontoon boat excursion on the Colorado River. And, you’ll still be back in Scottsdale in time for dinner on the town.Many other air tours highlighting Arizona’s natural beauty are available as well including the Antelope Canyon/Lake Powell Tour where upon landing a Navajo guide will lead you to the majestic slot canyon for a once in a lifetime experience. Western movie buffs will appreciate the Monument Valley Airplane and Jeep Tour, which includes a 2 ½, hour 4×4 expedition along the surreal landscape made famous by Hollywood.
No matter which tour you choose, you can be rest assured that the flights are conducted in impeccably maintained, high-wing Cessnas that offer unobstructed views and are equipped with two-way intercom systems for a guided narration from your pilot.
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