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Monday, April 02, 2007

Growth Outlook for the West Valley...

snippets of business news, courtesy of my Team Leader at the Goodyear, Keller Williams office:

  1. BUSINESS NEWS:
    The Collier International 2020 vision report projects that 50% of future growth will be in the west valley; that the downtown Phoenix and the area near 24th Street and Camelback will continue to be the location of choice for Class A office space but that it will continue into the North Scottsdale Airpark and Deer Valley areas as well as the Glendale Sports complex; the I-17 corridor will be where the infill opportunities will be -- older existing products will be torn down or remodeled; and that the Williams Gateway may become the east valley's version of Souther California's Inland Empire, an area that boasts one of the most robust economies in the US. For more info, visit their website at www.colliers2020vision.com.
  2. Economy tracker: Building permits were down 45% in January 07 over January 06; unemployment was at 3.9% compared to 4.5% in January 06; personal income jumped up 1.% from the prior month due to increases in wages and salaries; personal spending showed an increase, with a .5% gain from the prior month; housing starts were down 38% over a year ago; and new home sales were down 20%.
  3. More than 50 valley venues have been secured for NFL and Super Bowl XLII host committee events and parties during Super Bowl week. Final selection should be completed by early summer.

Cheers,
Uzi Husain, REALTOR(R)
Keller Williams Realty Professional Partners
WEB: http://www.UziHusain.com
"Consider UZIng a Professional for your next Real Estate Transaction"