Developer Turns Small Mixed-use Projects to Fill Shopping Center Void

By Corina Vanek, Phoenix Business Journal (Jan 24, 2019) – Reprinted with permission As large-scale malls and shopping centers have been in decline in recent years, developers are turning to small-scale, mixed-use developments to fill a niche. “People still want the experience for retail, but we can’t do it on that scale,” said David Sellers, …

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Mark-Taylor has $338M in Multifamily Construction Projects in the Works

By Angela Gonzales, Phoenix Business Journal (Jan 27, 2019) – Reprinted with permission Mark-Taylor Cos. is working on several multifamily construction projects while it also turns its eye toward acquisitions this year. Chris Brozina, recently promoted to CEO, said the Scottsdale-based company has four luxury apartment projects under construction, with 1,628 units totaling $338 million …

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Traffic Planning and Projected Growth in the Foothills District

Traffic safety and flow remain a critical issue for City of Scottsdale planners, citizens, and public safety. Significant, on-going analysis and effort goes into projecting, planning, and implementing traffic/road improvement projects. Scottsdale continues to experience development changes and growth within its geographical boundaries and in adjacent jurisdictions, which underscores the importance of continual evaluation and …

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Change in Tax Rate Effective February 1, 2019

Effective February 1, 2019 the Scottsdale transaction privilege tax (TPT) rate will be 1.75% and the use-tax rate 1.55% (both up 0.10%). Tax returns for February, that are due in March, must reflect this change. Taxpayers will continue to submit their tax returns to the Arizona Department of Revenue (ADOR) and everyone who has a TPT …

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2019 Parada del Sol | Donations and SAAR REALTOR® Volunteers Needed!

  The Scottsdale Parada del Sol Parade Saturday, February 9, 2019 Parade starts at 10 am Old Town Scottsdale SAAR’s Community Outreach & Awareness Committee (COAC) will have a float in the parade and is looking for REALTOR® volunteers to march in the parade with us! Join us to decorate our float and walk in …

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NAR Update Report (1/10/19): Shutdown a Negative on Market

NAR Chief Economist Lawrence Yun says the partial shutdown of the federal government is hurting real estate markets, mainly because of the uncertainty it’s causing. In addition, some homebuyers are seeing a delay in their transaction, especially among those using mortgage financing backed by the federal Rural Housing Service. NAR Article: https://magazine.realtor/daily-news/2019/01/09/the-federal-shutdown-is-costing-you-business

BREAKING NEWS for SAAR Members: New Phishing Attempt

Many National Association of REALTORS® members received a solicitation recently, purportedly from the REALTOR® Party, asking for donations to fund medical expenses for a young girl. This solicitation is not from the REALTOR® Party or the National Association of REALTORS®. NAR never solicits donations for personal or individual charities. If you receive this “Help Support …

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2018 Post-Election Results & Analysis

2018 Post-Election Results & Analysis  (November 19, 2018)  Suzanne Brown, Director of Community & Government Affairs The 2018 Mid-term Elections have been one of the most contentious for Arizona to-date; from the heated congressional Senate race to a landmark ballot measure — Proposition 126 — being passed into law.  As in all elections, there are …

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2018 GENERAL ELECTIONS | SAAR SUPPORTED BALLOT POSITIONS & CANDIDATE ENDORSEMENTS

SAAR Ballot Positions: ( October 15, 2018 )   Suzanne Brown – Director of Community & Government Affairs, Scottsdale Area Association of REALTORS® (SAAR) The 2018 General Elections are in full swing right now, and early ballots, which were mailed out this past Monday, Oct. 8th, should have arrived in citizen’s mailboxes by now.  Voters have …

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