Designers have transformed three urban mansions in midtown Phoenix's high-profile Chateau on Central as part of a yearlong contest.
And on Friday, the winner of the contest to deck out the five-story houses complete with their own elevators will be picked by luxury real-estate experts, including Monica Monson and Luis D. Ortiz of Bravo's "Million Dollar Listing New York."
Although the California housing market for January 2016 shows a slight decrease from December 2015, year over year rates have increased, according to the California Association of Realtors report.
In January, existing single-family home sales totaled 383,670 on a seasonally adjusted annualized rate. This is down 5.4% from December 2015 and up 8.8% from January 2015.
Ask just about anyone living in a metro Phoenix apartment, and they will tell you rents are rising.
Almost half of Valley renters saw their monthly payments jump by more than 9 percent in 2015. That's from a new Rentcafe.com survey that breaks rents down by ZIP Code in the region.
Scottsdale Fashion Square is going big on the site of the former Harkins Camelview 5.
Macerich is seeking the city's approval for a 150-foot height limit for a high-rise residential development.
Read more... http://www.bizjournals.com/phoenix/news/2016/01/07/macerich-planning-high-rises-over-old-camelview.html
When Antonin Scalia joined the Supreme Court in 1986, property rights were definitely the "poor relation" of constitutional law. Most judges, including even many conservatives, believed that the courts should largely stay out of property rights issues. Justice Scalia did much to change that. During his thirty years on the Court, he helped lead a revival of judicial protection for constitutional property rights. But he also missed a valuable opportunity to link that revival to the originalist approach to constitutional interpretation that he forcefully advocated on other issues.
Detroit-based Quicken Loans, the third-largest mortgage lender in the country, drew some strong reactions for a commercial promoting its Rocket Mortgage program—a phone app that allows users to qualify for a mortgage loan in as little as eight minutes—that aired during the Super Bowl on Sunday.
Read more... http://www.dsnews.com/news/02-08-2016/quicken-loans-super-bowl-ad-draws-praise-criticism
