Deco Communities is developing a $31 million, 100-unit condominium complex in Old Town Scottsdale. The Scottsdale-based apartment and condo developer acquired three vacant land parcels near Earll Road and Drinkwater Boulevard, just south of Scottsdale Stadium. Deco is looking to start construction next year on condos that will have starting prices at $299,000. “Downtown Scottsdale is experiencing strong demand for new condominiums,” said Deco partner Rob Lyles. “Our latest project will bring 100 brand-new … [Read more...]
Archives for August 2014
Real Estate’s Epic Rebound Starts to Cool
August 7, 2014 by Leave a Comment
The U.S. real-estate market has stormed back over the past five years after enduring its most brutal period since the Great Depression. The rebound has rewarded investors and boosted the overall economy. The Dow Jones U.S. Real Estate Index, whose components include real-estate investment trusts as well as mortgage, realty and forestry companies, has climbed 92% since early 2009. That gain, amid a rise of about 20% in the median price of new and existing homes over the past two years, is a bit less than the 114% … [Read more...]
Why you get offered the worst mortgage rates
August 7, 2014 by Leave a Comment
When the time comes to buy a home, you should hope for a buyer's market, ample assets in the bank for a down payment, a great home to buy, and an environment of low mortgage interest rates. Low prevailing rates don't necessarily mean that you'll get offered low ones, though. Here are some reasons why you might get offered disappointing mortgage interest rates. The lender Shop around, and you'll find yourself offered a variety of mortgage interest rates, as different lenders use different (or differently … [Read more...]
Design Workshop: The Case for Big Overhead Doors
August 7, 2014 by Leave a Comment
Garage-style doors are cost-effective solutions for opening rooms to dream views and fresh air — and they’re more stylish than ever I absolutely love the look and feel of colossal doors, the way they lift and slide out of the way with the slightest effort. But their cost can make them impractical for some projects. In situations where large openings and strong outdoor connections are essential, a garage or overhead door can be a more cost-effective solution worth considering. While originally intended … [Read more...]
