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FROM PEACH TO PUMPKIN, ORANGE SETS DIFFERENT MOODS
Orange you glad it’s fall?
Need a job? Housing boom spurs demand in construction
KAREN FERNAU THE REPUBLIC | AZCENTRAL.COM
Orange is at its best in the fall.
â–
From
burnt-orange leaves to bright-orange pumpkins, it’s a color that works as well indoors as it does in nature.
â–
A blend of yellow and red, orange
infuses any room with blasts of energy.
â–
CATHERINE REAGOR REAL ESTATE
Orange pairs best with neutral colors.
But
working with orange can be overpowering. It’s
HOMEGOODS
best when paired with neutrals, such as beige, gray and white. Avoid pairing with other strong colors, especially black. That combo is best left for Halloween. â– See ORANGE, Page 3R
Redder hues project energy.
Butternut squash, anyone?
CRATE AND
KOHL'S
BARREL
Metro Phoenix’s homebuilding recovery didn’t stall in August as it has at least a few times times since the crash — another strong indicator the recovery finally is on. New-home permits shot up 78 percent in August from the same month a year ago. That’s a huge jump in home construction. Now, before anyone starts worrying about another building boom led by speculators similar to 2005-06’s debacle, it’s important to note homebuilding in the Valley still is running at about a third of the pace of those boom years. And some big issues remain that could impede the homebuilding market from fully recovering anytime soon. The peak year for building in the Valley was 2006, when more than 60,00 homes went up. What will it take to get back to at least 50,000 a year? Veteran housing analyst RL Brown told me these three things need to happen:  Job growth has to rebound. This year is expected to be the best for Arizona’s economy since the crash, but the state is still about two years from bouncing back to job levels of 2007.  More people need to move to Arizona. The state’s population grew by 1.5 percent last year, which made it the sixth-fasting growing in the nation. But that’s still about half the rate of a decade ago. Forecasts call for Arizona to grow by 1.7 percent in 2015.  Tens of thousands of construction workers must return to Arizona, or the industry must recruit and train that many new workers. More than 150,000 construction jobs were lost during the crash, and most haven’t been recovered. Construction jobs is on the rise again in Arizona. In the past year, about 7,000 were added in the state, the Associated General Contractors of America says. But it’s taking most builders seven to eight months to finish a house in Phoenix. That’s almost twice as long as it took 10 to 15 years ago. The Valley’s homebuilding industry is on pace to construct about 17,000 homes this year, compared with 11,800 in 2014. Greg Burger, who publishes the Phoenix Housing Market Letter with Brown, said 25,000 new homes is a healthy level of building over the next few years. At least 7,000 additional workers are needed to construct that many homes.
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find your next place. PHOENIX | 9638 North 33rd Street | Open Today 1-4PM
SPECTACULAR SIERRA BONITA. Tucked back on a cul-deMLS# sac lot with an enclosed courtyard for total privacy, a masterful Bedrooms floor plan and resort yard. The sunlit atrium stays cool while taking Bath center stage opening to the living and dining rooms. Updated Pool granite kitchen with Maple cabinetry. Kiva fireplace. Double doors reveal the enormous master with raised sitting room. New Sq. Ft. carpet, attractive tile and hardwood dress the floors. Fifth bedroom Parking with built-ins and updated bath set up as an office. Pool, boulder Lot Size water feature, barbeque, fireplace with banco seating, huge patio ZIP Code and Ramada with spa out back. Incredible! Three car split garage includes a temperature controlled one bay for a gym/workshop. Online Pics – Joseph Callaway Price
Brought to you by Those Callaways, (480) 596-5751
- 5319917 -5 -3 - Yes - 3,034 - 3-Car Garage - 12,629 sq. ft. - 85028 - ThoseCallaways.com - $550,000
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PHOENIX | 2310 East Cinnabar Avenue | Open Today 1-5PM
SECLUDED HOME BORDERING PHOENIX MOUNTAIN MLS# PRESERVE. Nestled on a quiet cul-de-sac, this lovely home Bedrooms enjoys an ultra-private setting in the Mountain Preserve area of Bath Phoenix where you can hike right from your backyard. Courtyard Pool entry. Wealth of Southwestern charm w/Saltillo stone flooring, latilla ceilings w/handsome beams. Living room w/floor-to-ceiling Sq. Ft. kiva-style fireplace. Dining room w/hand-formed beamed ceiling. ZIP Code Kitchen w/sunlit breakfast area. All supporting bedrooms en-suite. Sumptuous master retreat w/fireplaced bedroom, spacious sitting Online Pics Price area, luxurious bath. PebbleTec waterfall pool, barbecue island, in-ground spa, terraced sun-decks, small sport court, sprawling patios. Details inside. Visit tourfactory.com/1388343.
Brought to you by Sandra Baldwin, Russ Lyon Sotheby’s International Realty
- 5303088 -4 -4 - Yes - 3,844 - 85028 - BaldwinTeam.com - $950,000
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