October 5, 2006

Phoenix, Arizona Ranks Third in Top 10 Job Market Study

Filed under: Home Buyers, Home Sellers, Scottsdale, Arizona, Phoenix, Arizona, Commercial, Community News — kelli @ 12:46 pm

I said it before and I’m saying it again! Studies keep confirming that we live in an extraordinary city that is attracting companies and entrepreneurs. According to a new study, two of the top three hottest labor markets are here in the Southwest.

1. Cape Coral- Fort Myers, FL
2. Las Vegas, NV
** 3. Phoenix, AZ
4. Sarasota-Bradenton, FL
5. Orlando, FL
6. Riverside-San Bernadino, CA
7. Lakeland, FL
8. Boise, ID
9. Washinton D.C.
10. Miami-Ft Lauderdale, FL

If raw numbers were the only indicator, Phoenix would be the nation’s new employment leader. The metro area has added 271,900 jobs since 2001, the biggest gain in raw numbers for any metropolitan area. Phoenix’s five-year growth rate of 17.1 percent ranks sixth among America’s 100 largest markets. Phoenix has enjoyed consistent strong growth since 2002.

Summary
Jobs as of mid-2006: 1, 861, 200
Unemployment rate as of mid-2006: 3.9 percent
Employment trend since mid-2001: Added 271,900 jobs
Five-year growth rate: 17.1 percent
Employment trend since mid-2005: Added 94,300 jobs
One-year growth rate: 5.3 percent

So, once again, I challenge the doubters. The employment factor is a strong economic indicator that foreshadows a healthy real estate market.

    Source: The Business Journal of Phoenix - September 29, 2006 by G. Scott Thomas, The Business Journal

September 26, 2006

SRP Economic Forecast 2007 Phoenix, Arizona

Filed under: Scottsdale, Arizona, Phoenix, Arizona, Commercial, Community News — kelli @ 10:11 am

Wednesday, October 4, 2006 New Phoenix Convention Center, Downtown

The Economy Ahead?
*Will consumer confidence hold up?
*What does the housing slowdown mean for Arizona?
*Will the state of Arizona create and attract enought high-paying jobs?
*Will Wall Street get back on track?

Mark your calendars and make your reservations early for the 2007 SRP Economic Forecast breakfast. This program has sold out the past couple of years. This is the forecast event that will answer these questions and give you insight into what is happening nationally, locally and in downtown Phoenix.

Speakers for the 2007 Forecast are:
*Kent Ennis, Senior Director of Strategic Investment & Research for the Arizona Department of Commerce
*Dr. Steve Happel, Professor of Economics, ASU, WP Carey School of Business
*Dr. Robert Shelton, New President of The University of Arizona

Steve Happel will give an overview of the national economy, Kent Ennis will focus on the local economy and Robert Shelton, will give an update on the UA College of Medicine and the Downtown Phoenix Biomedical Campus.

The SRP Economic Forecast 2007 will be held in the West Ballroom, Level 3 at the New Phoenix Convention Center. Be one of the first in Phoenix to experience the New Phoenix Convention Center.
Parking is available in the Heritage Square Garage at 5th Street & Monroe, the Hyatt Regency Garage at 2nd Street and Adams and limited parking in the Phoenix Convention Center garage. Parking will not be validated and is the responisbiity of the attendee. Please carpool.

The 2007 Forecast is sponsored by Salt River Project.

For more information call 602-308-6531 or rlight@bizjournals.com

When? Wednesday, October 4, 2006, 7:00-10:00am
Where? Phoenix Convention Center, West Building 100 N. 3rd Street, Phoenix, AZ 85004

For a quick reminder from Business 2.0 Magazine on the Phoenix metropolitan economy and real estate outlook, click here

September 11, 2006

Relocation Specialist Trusts Kelli Grant With Clients in North Phoenix and Scottsdale.

Filed under: Home Buyers, Home Sellers, Scottsdale, Arizona, Phoenix, Arizona, Commercial, Community News — kelli @ 5:27 pm

To Whom It May Concern:

I have had the pleasure of working with Kelli Grant in several Real Estate transactions this year. Kelli has proven to be an efficient and hardworking Realtor. I have confidence when referring buyers to Kelli, and I know she will keep informed and me up to date in all aspects of the real estate process.

In the future I will continue to utilize my working relationship with Kelli to provide a positive Real Estate experience for buyers and sellers in the North Phoenix/Scottsdale areas.

If you would like additional information about Kelli, you can telephone me at (480) 206-5833.

Sincerely,

Debbie Lanier, CRP
Keller Williams Realty Ahwatukee Foothills
Associate Broker

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September 9, 2006

Commercial Real Estate In Phoenix, Arizona

Filed under: Home Sellers, Scottsdale, Arizona, Phoenix, Arizona, Commercial — kelli @ 9:40 am

According to Entrepreneur Magazine, Phoenix is the number one city for startup companies and entrepreneurs. In addition to the sheer number of startup and entrepreneur companies, these same organizations reported more robust growth than in any other state. Do you think that will affect the residential market? Absolutely! Since it has been said that we are one of the top 10 growth cities in the country by Business 2.0 Magazine in June, people should feel good about their home purchases.

Commercial Mortgage Apps Up
The number of commercial and multifamily mortgage applications increased 17.3 percent during the second quarter of this year compared to the same period last year, according to the Mortgage Bankers Association.

“Origination activity remains strong and, while the Federal Reserve has been raising short term rates, long term rates have actually been falling recently,” said Doug Duncan, MBA’s chief economist. “Our forecast calls for some moderation in economic growth with interest rates stable through the rest of this year. Continued low intermediate and long term rates as well as ample supply of available capital provide a good backdrop for continued strength.”

Kelli Grant can help you with commercial condo investments. Commercial condos are a great opportunity for business owners and investors. They provide affordable places of business for owners and a solid cash flow and appreciation for investors.

Contact Kelli Grant for more information on commercial condos in the Phoenix metropolitan area.