David E. Smith's Blog

By
Real Estate Agent - Russ Lyon | Sotheby's International Realty
RECENT BLOG POSTS
Sales weren't the only reason Centurion Jewelry showgoers were buzzing with excitement this week. Participants in the 10-year-old fair, located near the American Gem Trade Association GemFair Tucson, were discussing the show's decision to relocate closer to Phoenix-a decision that met with mixed ...
02/03/2011
Meritage Homes Corp. said Wednesday it swung to a loss in the fourth quarter versus the prior-year period, when the homebuilder benefited from a hefty tax benefit. The Scottsdale, Ariz., builder saw contracts on new homes rise 15 percent, but completed home sales fell 30 percent, contributing to ...
02/03/2011
(AP) SCOTTSDALE, Ariz. (AP) - Bill Haas, Jason Bohn, Tom Gillis and Champions Tour player Tom Lehman shot 6-under 65s in chilly conditions Thursday to share the lead in the suspended first round of the Phoenix Open. The start of play was delayed four hours because of heavy frost at TPC Scottsdale...
02/03/2011
Arizona State University Professor Karl Guntermann predicts that the Phoenix-area housing market will improve in 2011 even though the most recent numbers in the ASU-Repeat Sales Index register more price declines. "Given the pattern that is emerging, it is likely declines will continue for at lea...
02/03/2011
The Spot : Picazzo's Organic Kitchen,440 W. Warner Rd., Tempe, AZ 85284. 480-831-5823 www.picazzos.com Picazzo's has four other valley locations: The Esplanade; North Scottsdale; Paradise Valley; and Goodyear. Check each location for variations in menu and prices. Other AZ locations include: Casa...
02/03/2011
A number of restaurant real estate deals are being served up in and around Phoenix. Here's a rundown that might make you hungry. Read more:  http://www.bizjournals.com/phoenix/blog/business/2011/02/new-restaurant-leases-pop-up-valleywide.html www.davidesmith.us
02/03/2011
In a strategic move by its new ownership group to get a fresh financial start, the Arizona Biltmore, one of Phoenix's oldest and most iconic resorts, has gone into bankruptcy. The resort's business will continue as usual during peak tourism season despite the filing, according to CNL-AB LLC, whic...
02/03/2011
The recent sale of a water company that serves parts of Paradise Valley and Scottsdale has left area officials waiting to see how the acquisition unfolds. Last week, Edmonton, Alberta-based Epcor Water Services Inc. agreed to buy Arizona American Water for $470 million. The company's Paradise Val...
02/03/2011
Financing deals are beginning to pick up - another sign the economy may be taking a turn for the better. Scottsdale-based Columbia West Capital LLC served as financial adviser in a $63.2 million management buyout for a client in Nevada and a $7.5 million leveraged recapitalization for Phoenix-bas...
02/03/2011
Long-term and short-term mortgage rates held steady this week as economic reports continue to point to a gradual recovery. A 30-year fixed-rate mortgage averaged 4.81 percent in the week ending Feb. 3, up from 4.8 percent last week, according to Freddie Mac's weekly rate report. A 15-year fix ave...
02/03/2011
Rainer
45,669

David E. Smith

Luxury Home Specialist
local_phone(480) 287-5200
smartphone(602) 617-7831
Contact The Author