Recently Funded: New Construction from Good Borrower

Phoenix Construction Blueprints

Loan Amount: $230,000 Interest Rate: 11.9% Loan Term: 12 Months Property Type: Single Family Residential Loan Type: Construction Loan This borrower has done multiple loans with us, and in this subdivision he has successfully built and sold many homes using the same floorplan he has chosen for

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While Single-Family Stock Remains Tight, Rising Rents Are Seen

Published by Scottsdale Independent on October 19th, 2016, written b Terrance Thornton The basic economic rule of supply and demand is in full effect as experts agree the Phoenix metropolitan housing market continues its steady pace of home valuation increases, new home builds and rising rents. As

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1,300 Houses Planned in West Flagstaff Subdivision

Originally Published in the Arizona Daily Sun on October 6, 2016 The Flagstaff Planning and Zoning Commission will decide next week whether to advance a proposed 1,300-home subdivision with frontage on West Route 66 and Woody Mountain Road to the City Council. On Wednesday, the commission heard the first presentation

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Creative Amenities in Master Plan Communities

Verrado, Eastmark and Vistancia, three well known master planned communities in Arizona, have been ranked in the top 50 best-selling master planned communities.  As amenity packages become more creative, the competition to make the list becomes tougher. Ways that many master planned communities bring quality in the

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Construction Unemployment Rates See Improvement

Originally Posted in AZRE Magazine September 30th August not seasonally adjusted (NSA) construction unemployment rates improved in 48 states and the nation on a year-over-year basis, according to analysis released today by Associated Builders and Contractors (ABC). , producing the lowest August construction unemployment rate on record. BLS data also

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Phoenix One of Least Risky Home Building Markets

Phoenix offers one of the least risky home building markets in our Nation, marking it’s place in the top 5 least risky cities. With room to expand and grow we are ready to see continued growth and longevity in home building. Though the next six months are

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House Construction Fastest Since April 2010 – Permits Highest Since March 2010

New housing construction rose in August, boosted by the strongest pace of single-family home starts in more than two years. Per the Commerce Department in Washington, construction of single-family houses climbed 5.5 percent to a 535,000 rate, the fastest since April 2010. Permits for the building of

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