Here is what was at the top of the headlines for the Property Management and Real Estate industries this past week.
The American Planning Association named Roosevelt Row in downtown Phoenix, Arizona one of the “Great Places in America,” an honor bestowed on four different locations in the country every year.
Arizona has one of the worst unemployment rates in the country for construction workers, with the industry down 117,000 construction workers from before the recession. It has has improved since the recession. More than one-quarter — 25.7 percent — of construction workers were jobless in August 2009 in Arizona.
With fall in the air, your thoughts may turn to what needs to be done to your home before winter sets in. Many tasks are done much more easily when the weather is still nice. Plus, taking care of routine maintenance tasks now can save you aggravation and money down the road.
According to a recent report from Arizona State University’s Center for Real Estate Theory and Practice, the market for homes in the $500,000 and higher range is more favorable to buyers. There are 8% more homes on the market in that price range than there were a year ago. According to real estate agents, a lot of these deals are on the outskirts of the Valley.