REAL ESTATE NEWS

By Craig Willett
There are not many individuals who have the ability to pick the “tops” of markets nor the “bottom” of markets. Don’t you ever wonder why so many people are buying stocks when the market is up? Why don’t people rush out and buy investments when they are tumbling? The elements [...]

The East Valley Tribune reports, “More than 10,000 people moved to town during the year that ended July 1, 2008, making it the fourth fastest-growing American community of more than 100,000 people over the past year.”
Read the full article at: http://www.eastvalleytribune.com/story/141166

The design, engineering and permitting process does not need to be an intimidating process subject to guesswork, but rather an inclusive forum with a predictable outcome in sync with your tastes, pocketbook, and calendar.

According to the New York Times, “The administration’s plan included provisions increasing loan guarantees for small business to 90 percent of the loan value to encourage banks and other lenders to extend credit, and waiving the Small Business Administration’s loan fees and requiring banks that received federal bailout money to report each month how much [...]

Craig Willett, UTAZ Development
With the collapse of the housing market in Phoenix and the corresponding melt-down of Arizona financial institutions, the availability of funds has been scarce for anyone looking to start a business and open their doors. The secondary markets to sell the loans disappeared completely between the collapse of Bear Stearns and the [...]

FOR IMMEDIATE RELEASE
Gilbert, AZ (February 18, 2009)— UTAZ™ Development announced today the Seller Carryback Program, a plan to help medical practitioners and small business owners reduce the amount required for the down payment in order to purchase office space. “The Seller Carryback is a plan whereby UTAZ™ will finance up to an additional five [...]

Banner Gateway Medical Center, near the Gateway Medical UTAZ™ Professional Village and Vista Quinta UTAZ™ Professional Village added 36 beds for a total of 176, according to the Phoenix Business Journal. See the full article at http://www.bizjournals.com/phoenix/stories/2009/01/12/daily38.html.

The Federal Reserve Slashed a short term key interest rate by three-quarters of a percent today. This translates into lower commercial real estate interest rates for office space buyers.
According to Bob Wasieko with Security Mortgage, “Affordability has doubled in the past 12 months,” referring to the one-year-ago Prime rate at 7.25 % that is now [...]

The Phoenix Business Journal reports “the Federal Reserve Board announced plans Nov.25 for a $200 billion lending facility aimed at unfreezing secondary markets for U.S. Small Business Administration loans and consumer loans.” According to Treasury Secretary Henry Paulson this will “[enable] a broad range of institutions to step up their lending.” Read the article at [...]

One of Gilbert’s most popular and successful OB/GYN offices has recently expanded to better serve patients in south Gilbert, south Chandler and Queen Creek. Valley Women for Women, a full-service, all female OB/GYN practice has opened a new 10,000 square foot office in UTAZ™’s, Mercy Point Medical Center Located at Val Vista Drive and Melrose [...]