AZ Republic Real Estate 12-17-17

Arizona Republic

z SUNDAY, DECEMBER 17, 2017 z 1R

Real Estate

Pedestrians walk past a construction site near Amazon's South Lake Union headquarters in Seattle on Oct. 17. Seattle is among a fistful of cities that have flourished in the 10 years since the Great Recession officially began in December 2007, even while most other large cities and sizable swaths of rural America have managed only modest recoveries. AP

Not all recover from recession In decade since downturn, thriving cities have left their struggling brethren behind Christopher Rugaber ASSOCIATED PRESS

As the nation’s economy was still reeling from the body blow of the Great Recession, Seattle’s was about to take off.

In 2010, Amazon opened a headquarters in the little-known South Lake Union district — and then expanded eight-fold over the next seven years to fill 36 buildings. Everywhere you look, there are signs of a thriving city: Building cranes looming over streets, hotels crammed with business travelers, tony restaurants filled with diners.

Seattle is among a fistful of cities that have flourished in the 10 years since the Great Recession officially began in December 2007, even while most other large cities — and sizable swaths of rural America — have managed only modest recoveries. Some cities are still struggling to shed the scars of recession.

In Las Vegas, half-finished housing developments, relics of the housing boom, pockmark the surrounding desert. Families there earn nearly 20 percent less, adjusted for inflation, than in 2007.

In the decade since the recession began, the nation as a whole has staged a heartening comeback: The unemployment rate is at a 17-year low of 4.1 percent, down from 10 percent in 2009. Employers

have added jobs for 86 straight months, a record streak. And last year, income for a typical U.S. household, adjusted for inflation, finally regained its 1999 peak.

Yet the rebound has been uneven. It’s failed to narrow the country’s deep regional economic disparities and in fact has worsened them, according to data analyzed exclusively for The Associated Press. A few cities have grown much richer, thanks to their grip on an outsize share of lucrative tech jobs and soaring home prices.

Others have thrived because of surging oil and gas production.

But many Southern and Midwestern cities — from Greensboro, North Carolina, to Janesville, Wisconsin — have yet to recover from the loss of manufacturing jobs that have been automated out of existence or lost to competition from China, before and during the recession. Like others, they have fewer jobs and lower household incomes than before the downturn.

Those disparities complicate the rosy picture painted by most nationwide economic data. With the nation enduring a widening wealth gap, an overall robust U.S. economy doesn’t necessarily translate into widely shared prosperity.

“There’s definitely a pattern of the coasts pulling away from the middle of the country on income,” said Alan Berube, an expert on metro U.S. economies at the Brookings Institution. “There are a large number of places around the country that haven’t gotten back See RECESSION, Page 3R

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TREMENDOUS TRI-LEVEL. This expansive abode is MLS# - 5696511 situated on a stately corner lot in exclusive Dos Lagos. Sunrises Bedrooms - 4 over mountain peaks in the east illuminate the serene lake setting, just beyond your back yard. Warm finishes and designer Bathrooms - 3 Pool - Yes neutral paints create a welcoming ambiance in the spacious formal rooms. The heart-of-the-home kitchen is graced with Sq. Ft. - 3,220 soaring 13’ ceilings, dual islands, slab granite counters, Knotty Parking - 3-car Alder cabinets and stainless appliances. Impressive outdoor Lot Size - 9,744 sq. ft. amenities are perfect for alfresco entertaining - covered & ZIP Code - 85215 open-air paver patios, pebble-finish pool/spillover spa, lake view, BBQ island and fire pit. Available memberships at Red Online Pics - ThoseCallaways.com Mountain Ranch Country Club. – Joseph Callaway Price - $569,000

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BREATHTAKING BEAUTY. This expansive custom home is MLS# - 5611616 wonderfully situated on an elevated lot with mountain and city Bedrooms - 4 light views. Designer finishes imbue the magnificent multi-level interior with a warm and inviting ambiance. The eat-in island Bathrooms - 5 Pool - Yes kitchen is a chef’s dream. Impressive master suite and all ensuite bedrooms. Soaring 10’ ceilings, view balcony, dual-pane Sq. Ft. - 3,332 windows, skylights, water softener and fire sprinklers. NAOS Parking - 3-car land will immerse you in the calming sights and sounds of Lot Size - 25,962 sq. ft.

Sonoran desertscape. Awash in warm earthtones, the alfresco ZIP Code - 85377 amenities are accented by lush flora, fountains and Travertine.

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2R z SUNDAY, DECEMBER 17, 2017 z THE ARIZONA REPUBLIC

Valley Home Values DONE DEALS TOP DOLLAR Putting greens, guest casitas and a 600-bottle wine cellar are among the luxurious features in this week’s priciest home sales in metro Phoenix.

$3,500,000 Michael Othites, senior vice president of operations for Constellation Wines, and his wife, Joy, paid cash for this new house in Paradise Valley’s Adobe Ranch community. The custom home has seven bedrooms and seven bathrooms and is fitted throughout with high-end finishes, including synthetic stucco. The resort-style backyard features lush landscaping that includes palm trees, a gazebo and a 63-foot lap pool. Celebrity Homes LLC sold the property.

Frank Yeary, who sits on the board of directors for Intel, paid cash through his trust for this 3,940-square-foot contemporary-style condominium penthouse in Scottsdale’s Waterfront Residences.

and sits behind a private gate, with walls of retractable doors that seamlessly blend indoor and outdoor living.

The home is fitted throughout with quality finishes, natural stone and wood floors and beamed ceilings. The house has a private office with built-ins, as well as a guest suite with a living room, kitchen hookups and private courtyard entry. The kids’ wing features a bonus room with study area and four en-suite bedrooms. The master suite has a sitting room, fireplace, his-and-her closets, a spa bath and exercise room. The backyard is primed for entertaining, with covered patios, a diving pool, gazebo with fireplace, lush landscaping with palm trees, a built-in barbecue and fire pit. Ronn and Catherine Hart sold the home.

JOHNATHON DE YOUNG/RUSS LYON SOTHEBY’S INTERNATIONAL REALTY

$1,540,500

$2,575,000 Frank Yeary, who sits on the board of directors for Intel Corp., paid cash through his trust for this penthouse in Scottsdale’s Waterfront Residences.

The 3,940-square-foot contemporarystyle condominium has three bedrooms and 31⁄2 bathrooms and has an expansive open floor plan, two large balconies, a theater room, gourmet kitchen and a bar area for entertaining. The Scottsdale Waterfront Residences is equipped with 24-hour security, concierge and valet services, as well as a fitness center, massage rooms, a rooftop pool, spa, and a club room with fireplaces and reading nooks. The residences are all within walking distance to Scottsdale Fashion Square, Old Town

Scottsdale and numerous restaurants and art galleries. Barry Weinman, strategic adviser at HMS Hawaii Management, and his wife, Virginia, sold the condo.

$2,569,929 Michael and Christine Castrichini, chiropractic specialists practicing in Phoenix, purchased this mansion in Paradise Valley’s Las Brisas community. The 9,217-square-foot Santa Barbara/Tuscan-style home has four bedrooms and six bathrooms and features a gated front entry with a waterfall built into the mountain landscape. The house features dramatic European ceiling treatments, five custom stone fireplaces,

hand- crafted 13-foot arched French doors and a wood-paneled library. The home also boasts a 2,200-bottle wine cellar that includes a tasting room inspired by a French restaurant. The lower level of the home features three en-suite guest rooms, a game room and a private living room, which all open up to private patios, covered balconies and the infinity-edge swimming pool. Steven and Mary Hanson sold the home.

$1,950,000 John Lin, a radiologist practicing in Phoenix, purchased this mansion in Paradise Valley’s Ironwood Hills. The 7,436-square-foot Spanish-style home has six bedrooms and seven bathrooms

Gregory Vogel, founder and CEO of Land Advisors Organization, purchased this new 3,820-square-foot home in Scottsdale’s The Grove community. The ranch-style home has five bedrooms and 41⁄2 bathrooms. Construction was completed in November. The home features detailed architecture and design features throughout, with wideplanked wood flooring, custom cabinetry and millwork. The bright, open floor plan lets in views of Camelback Mountain throughout the property.

Rafterhouse Sonata LLC, an Arizona limited-liability company, sold the home.

Researched by Lorraine Longhi and The Information Market.

Are landlords liable for information they give out?

Real Estate Q&A Christopher Combs Special to Arizona Republic USA TODAY NETWORK

Question: In a recent column you said that an apartment landlord has the right to ask former landlords if the tenant had any problems, such as late rent

payments or damage to the apartment.

We own an apartment building in Chandler and frequently get calls from landlords about one of our former tenants.

Do we have any liability to our former tenant if the information disclosed to the new landlord is wrong, and our former tenant is unable to rent the apartment?

Answer: If you incorrectly communi-

Mesa

cated the tenant’s rental history to the new landlord, and your former tenant was unable to rent the apartment, your former tenant could have a claim against you for damages. In general, those damages would be minimal unless the tenant could show not only that you were wrong, but also that the tenant was unable to rent another apartment quickly.

Your former tenant could have a claim against you for damages.

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Exclusive Dos Lagos in Red Mountain Ranch

Gorgeous Hillside Home With Breathtaking Views

6645 E. Redmont Drive, #16

7127 E. Ridgeview Place

OPEN TODAY 1–4PM. Located in the exclusive Red Mountain Ranch lakeside subdivision of Dos Lagos, this multi-level home enjoys a premium corner waterfront lot with mountain views — very wow!

Flattered by a sophisticated ambiance, the front of the home is graced with pristine desert landscaping interspersed with towering palm trees. A step across the threshold reveals a chandelier-lit foyer dressed with a spotless mirrored wall, while to one side, the ultra-inviting formal rooms show off with pretty picture windows and polished planked flooring.

In addition to a chef-pleasing gas cooktop, the kitchen sparkles with handsome Knotty Alder cabinets, upscale stainless and cabinetfaced appliances, dual serving-prep islands and glistening jet-black granite counters.

Tucked in the rear of the upper level is the master suite, host to a luxurious private bath and a blissful bedroom with whisper-quiet sliding doors to a lovely balcony.

Meanwhile, a stroll downstairs leads to an expansive family room with beautiful slate floors, an inset media wall and an intimate walk-out patio. Along with a stunning pebble-finish pool, the backyard boasts a built-in barbeque island, spillover spa, romantic fire-pit and sprawling pavered patios.

Community amenities: biking/walking paths, playground, clubhouse, tennis courts, pool/spa, golf course, workout facility.

Available memberships at Red Mountain Ranch Country Club. (north/south exposure; 4BD; 3BA; 3,220SF)

OPEN TODAY 1–4PM. Warm and welcoming, this stunning home is perfectly sited on an elevated hillside lot with mountain and city lights views. Tucked deep inside a quiet gated community in the tranquil community of Carefree, this multilevel custom jewel is nestled next to peaceful NAOS land awash with sensational starlit Sonoran scenes.

Very private, the front of this big bold beauty boasts pristine desert landscaping, while inside, the gorgeous great room is sure to be a popular gathering place thanks to designer finishes, soaring ceilings and wide sheer glass sliding doors for easy-breezy indoor/outdoor living and entertaining.

Chef-pleasing to the max, the sparkling kitchen is dressed with upscale stainless appliances, multiple serving/prep islands,

OPEN TODAY 1-4PM AREA HIGHLIGHTS

DIRECTIONS

NEARBY SCHOOLS: Red Mountain Ranch Elementary; Shepherd Middle School; Red Mountain High School.

NEARBY HOSPITALS: Banner Desert; Mountain Vista Medical Center.

NEARBY SHOPPING: Mesa Riverview; Superstition Springs Center.

CROSS-STREETS: Thomas Road and Power Road.

DIRECTIONS: North to Redmont Drive.

West to first left (Dos Lagos). House on corner. Look for Those Callaways Open House signs.

Offered at $569,000.

AR-0008718286-02

a professional-style gas range and striking bronze- and gold-hued granite.

A romantic retreat, the main-level master suite is flattered by a two-way split-stone fireplace that separates the bedroom and a spacious sitting room. Along with an intimate cocktail patio, this enticing getaway is graced with a pampering bath with a soothing jetted tub and a glass-block walkin snail shower.

When it’s time to savor the majesties of Mother Nature, step outside to the home’s expansive Travertine patios, gently cascading fountains, built-in barbeque island, lush flora, outdoor shower and shimmering fenced pool. Additional info: upper-level supporting bedrooms are en-suite. (4BD; 5BA; 3,332SF)

OPEN TODAY 1-4PM CONTACT Joseph and JoAnn Callaway, Those Callaways 480-596-5751 www.ThoseCallaways.com

MLS# 5696511

AREA HIGHLIGHTS

DIRECTIONS

NEARBY SCHOOLS: Black Mountain Elementary; Sonoran Trails Middle School; Cactus Shadows High School.

NEARBY HOSPITALS: HonorHealth Scottsdale Thompson Peak; Mayo Clinic.

NEARBY SHOPPING: Kierland Commons; Scottsdale Quarter.

CROSS-STREETS: Cave Creek Road and Tom Darlington Drive.

DIRECTIONS: South to Ridgeview Place. West, through gate, to home on left. Look for Those Callaways Open House signs.

Offered at $699,000.

AR-0008750376-02

CONTACT Joseph and JoAnn Callaway, Those Callaways Luxury Circle International 480-596-5751 www.ThoseCallaways.com

MLS# 5611616

AZCENTRAL.COM z SUNDAY, DECEMBER 17, 2017 z 3R

Recession

Eight of the 10 cities with the largest income gains are “tech hubs.”

Continued from Page 1R

to where they were 15 years ago, never mind ten years ago.”

That said, for all the economic might the top-flight cities have gained in the past decade, many city officials and business leaders have become concerned that their success is running up against limits. Surging home prices and rents have made housing unaffordable for many.

With cities like Seattle and San Francisco choked with traffic, engulfed by homeless people and requiring everlarger incomes to live comfortably, quality of life may be at risk.

In the Western United States, inflation reached nearly 3 percent in October compared with a year earlier, according to government data. By contrast, inflation rose just 1.5 percent in the Midwest and New England.

“It’s the first time I have noticed a persistent spread between inflation in one area and the rest of the country,” says Steve Cochrane, an economist at Moody’s Analytics who has studied regional economics for 25 years.

Mindful of the financial burden on employees, some tech companies have decided to set up shop or expand where expenses are more manageable. Snapchat and Hulu have put down roots on the slightly more affordable west side of Los Angeles, joining outposts of Google and Facebook in an area now known as “Silicon Beach.”

Last year, nearly as many people moved out of Silicon Valley — defined as Santa Clara and San Mateo counties — as moved in, according to a report by Joint Venture Silicon Valley, a civic group. It was the first time since 2010 that the number of arrivals and departures have been roughly equal.

The trend isn’t entirely surprising given that commuting times in San Francisco have lengthened by 40 minutes a week in the past decade, the report said. The price of a typical San Francisco home has reached an eye-watering $1.2 million, according to Trulia, an online real estate data provider.

Housing costs, inflated by local regulations restricting home-building, can act as a barrier to opportunity. They make it harder for people in poorer areas to move for better opportunities. With fewer people able to move to places with more jobs and higher pay, the national economy tends to suffer, economists say.

Among the nation’s 100 largest metro areas, San Francisco experienced the biggest gain in median household in-

come in the decade after the recession began. Adjusted for inflation, it jumped 13.2 percent, according to data compiled

by Moody’s Analytics. San Jose, which is part of Silicon Valley, enjoyed the second-largest increase, at 12.7 percent, followed by Austin, Texas, with 8.8 percent.

By comparison, median household income in the 100 largest metro areas actually fell 2.7 percent, on average. And the income gap between the 10 richest and 10 poorest metro areas has widened in the past decade, Moody’s data shows.

Eight of the 10 cities with the largest income gains are “tech hubs,” with heavy concentrations of software architects, data analysts and cloud-computing engineers. They include Denver, Portland, Oregon; Provo, Utah; and Raleigh, North Carolina.

Pittsburgh has experienced the ninth-largest income gain, thanks to increased tech and health care jobs. Oklahoma City, where inflation-adjusted incomes are up 5.5 percent, has benefited from the oil and gas boom.

Most Americans haven’t received raises anywhere near that large. Data compiled by Brookings shows that 65 percent of Americans who live in urban areas — defined as cities with populations above 65,000 — live in places where the typical household income is still below its 1999 level.

Max Versace, CEO of artificial intelligence startup Neurala, who arrived in Boston in 2001 from Italy, has watched the city transform itself into a boomtown, filled with innovative companies working on robotics, AI and self-driving cars. Boston enjoyed the 11th-best income gain in the past decade, Moody’s data shows.

“I have never experienced a slowdown in Boston,” said Versace, whose company is based in Boston’s Seaport neighborhood, a formerly rundown industrial area now crowded with startups and high-end restaurants. “Boston is one of those bubbles — good bubbles — that have been saved by the two locomotives of computer sciences and biotechnology.”

Versace launched Neurala in 2013, and it now has 36 employees, including eight with PhDs. While most workers across the country have endured scant pay gains, Versace estimates that salaries for AI researchers with Ph.D.’s have doubled since 2008.

Neurala is working to incorporate AI

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PhoenixQuickMoveIns.com | 480-470-6951 All information (including, but not limited to current and future views from any property, prices, availability, school assignments and ratings, incentives, floor plans, site plans, features, standards and options, assessments and fees, planned amenities, programs, conceptual artists’ renderings and community development plans) is not guaranteed and remains subject to change or delay without notice. Floor plans and elevations are an artist’s conception and are not intended to show specific detailing. As-Built Condition will control. Prices may not include lot premiums, options, and upgrades, depending on the stage of construction. Maps and plans are not to scale and all dimensions are approximate. Photos and descriptions of any planned improvements, features or amenities may not be an actual representation and are for illustration purposes only that remain subject to change and under no obligation to be completed.

All homes subject to prior sale. Offer void where prohibited or otherwise restricted by law. No binding offer to sell or lease may be made or accepted prior to the issuance of the final AZ Subdivision Public Report for the Community. A public report is available at the AZ Real Estate Department’s website. Please see a Community Sales Manager for details or visit www.taylormorrison.com for additional disclaimers. Taylor Morrison/ Arizona, Inc., ROC # 179178B. © October 2017, TM Homes of Arizona, Inc., AZ DRE # CO535669000. All rights reserved.

in drones, including one aimed at energy firms that will use its technology to spot cracks in pipelines or wind turbines without needing humans to monitor video feeds.

One other change Versace is happy to observe: “I no longer have to spit out espressos or pasta,” because the quality of each has improved so much since he arrived.

The divergence between the richest and poorest U.S. cities predates the Great Recession. But it is historically unusual. For a period of 100 years ending in the 1980s, income gaps between richer and poorer cities narrowed steadily.

Economists cite three reasons why such convergence ended. The nature of high-tech work, for one thing, makes it productive for higher-skilled workers to cluster in the same cities.

Elisa Giannone, an economist at the University of Chicago, notes that in past decades, highly paid professionals — doctors, say — might have congregated in cities with fewer physicians to capitalize on the lack of competition and earn more. Likewise, many companies that employed high-skilled workers would move to lower-cost cities to take advantage of cheaper labor.

But her research has found that both trends have been upended by the rise of highly skilled information technology work. People with such skills prefer to work in cities with their peers. And the companies that employ them seem to care just as much about the right skills as they do about lower costs. What’s more, higher educated employees typically become more efficient when they cluster together and exchange ideas.

“It’s more beneficial and more productive to go where there are more people like me,” Giannone says, referring to how such workers think. “I don’t want to be left out.”

Jed Kolko, chief economist at Indeed, the job listings website, calculates that one quarter of tech job openings in the first half of this year were located in just eight tech hubs: Baltimore, Washington, Boston, San Jose, San Francisco, Seattle, Austin and Raleigh, North Carolina.

A second factor is swelling home prices and rents, particularly where regulations make it harder to build more.

People in poorer areas often used move to wealthier cities to find better opportunities. Now, that option is increasingly available only to those with advanced

skills or education.

Two public policy experts, Peter Ganong and Daniel Shoag, concluded in a paper last year that both janitors and lawyers used to fare better financially in New York City than in poorer cities, even accounting for the higher cost of living.

Now, because of rocketing home prices in richer areas, that’s no longer true. Lawyers can still come out ahead.

But janitors and other lower-skilled workers don’t.

“Skilled workers move to high cost, high productivity areas, and unskilled workers move out,” Ganong and Shoag wrote.

In the 10 cities with the fastest income growth, housing prices have soared by an average of 31.1 percent in the past decade, Trulia found. That compares with a national average increase of just 5.1 percent.

One result has been huge wealth gains for a fortunate few. A resident of San Francisco who bought a typical home, paying nearly $816,000 in the spring of 2007 — just as the housing market nationwide was collapsing — has gained $365,000 in the past decade.

In Cincinnati, a homeowner who bought at the same time would have paid just $143,000 but would have gained only $6,500.

“Geography plays a critical role in wealth building,” said Ralph McLaughlin, chief economist at Trulia.

A final factor behind the diversion is that the industries and occupations in slower-growing regions were leveled by the recession. Manufacturing and mining are disproportionately located in red states. So are retail jobs. All those sectors have endured weak growth since the recession.

Robin Brooks, an economist at the Institute of International Finance, a trade group, says those job losses have opened a gap between so-called “red” states, which voted for Donald Trump in 2016, and “blue” states.

About 61 percent of blue state residents have jobs, compared with roughly 59 percent in red states, Brooks found.

That cuts against recent historical patterns: From the 1990s through the mild recession of 2001, there was no gap at all.

Despite the persistence of regional inequality, some positive trends have emerged: More tech jobs are moving out of the tech hubs and spreading around the country. Software programming jobs have migrated to Dallas, Detroit, and Charlotte, among other cities, according to Brookings data. Software increasingly plays a vital role in banking and finance, auto manufacturing, and retail.

4R z SUNDAY, DECEMBER 17, 2017 z THE ARIZONA REPUBLIC 3233

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3,419 sq. ft. | 3 BR, 3.5 BA, Side 2 GAR | $991,995

3,571 sq. ft. | 3 BR. 3.5 BA, Side 2 GAR | $1,018,995

480-663-3662 | TollBrothers.com/AZQuick | MLS 5598734 Prices subject to change. Photos are images only and should not be relied upon to confirm applicable features. This is not an offering where prohibited by law.

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3 Bedrooms + Study, 3 Baths, split 3-car garage | Expansive 12 foot ceiling in main living areas | Large great room with 20’ multi-slide door overlooking covered patio

EXCEPTIONALLY PRICED AT $889,995 MLS 5672213 | 2,929 sq. ft. | Home Site #183 Visit activate.azcentral.com today.

Visit TollBrothers.com/AZquick 480-595-2800 Prices subject to change. Photos are images only and should not be relied upon to confirm applicable features. This is not an offering where prohibited by law. Listings Broker Toll Brothers Real Estate Inc.

Prices subject to change. Photos are images only and should not be relied upon to confirm applicable features. This is not an offering where prohibited by law. Listing Broker Toll Brothers Real Estate Inc.

A WINTER WONDER*ND Discover The New Home Company’s luxury Residences & Villas in Paradise Valley at Mountain Shadows Resort, with year round comfort, healthy outdoor living and panoramic views of Camelback Mountain. Move-In ready this Winter.

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3169

AZCENTRAL.COM z SUNDAY, DECEMBER 17, 2017 z 5R

CHECK OUT THESE SHORT-TERM LIVING SPECIALS!

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3543

3560

Phoenix-North Central Apartments

WEEK TO WEEK FURNISHED APARTMENTS 3 Locations - 602-385-1204 www.4RentWeekly.com

LOVE WHERE YOU LIVE! Rents Start at $833!

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UTILITIES INCLUDED!* $99 Deposit, Credit Friendly Studio, 1 & 2 Br’s from $455 Paradise Vista 623-385-0108

3542

3548

Unique 2 & 3 story TH’s. Great Scottsdale Location! 1, 2 & 3 Br’s! Inspiration at Frank Lloyd Wright 480-385-3406

Walk to Westgate!

Lots of custom amenities!

1 & 2 bedrooms from $885 Pillar at Westgate 623-385-0119

$0 Deposit! oac

WASHER/DRYER INCL!* 1 bd at $669, 2 bd at $769.

Extra storage.

Sunset Landing 623.792.9126

$199 Move-In on 12 Month Lease oac.

1 & 2 Br’s Avail From 559.

Palm Aire 602-748-1715

3528

2 BED $650!!

Goodyear Apartments

Your Own Private Resort!

Gorgeous 1, 2 & 3 Bd Condos from $920. Amenities DAILY SPECIALS! 1, 2 & 3 Galore. Solana 480-385-3089. Bds from $923. Casitas w/ attached garages avail.

Desert Sage 623-385-0132

Phoenix-Central Apartments

2b $700* 1b $600*. Nice, Gated, balcony 602-246-4330

Phoenix-North Apartments Close to 101 & I-17!

One and Two Bedrooms From $620/month.

Avalon Hills 602-682-9674

3566

FREE UTILITIES! SHORT TERM & CORP SUITES AVAIL STU & 1BS FROM $599/MO! Sierra Grande 602-648-9884

CALL FOR SPECIALS! 1, 2 & 3 Bedrooms Available.

Villas at Mountain Vista Ranch 623-385-0027

3551

3569

1st Month 1/2 Price! Vista Del Prado (602) 242-0237

2 BED $700!!

Phoenix-South Apartments

2 & 3 Bds TH’s from $749 W/D Hook-ups! Sec 8 OK. Oregon Oasis, 59th Ave & Camelback. 623-385-0141 $299 M/I. 45Ave & Glendale 2Br/1Bath, laundry, cov’d parking. Near school. $650/ mo. (623) 939-3217

Campus Court Apartments Walk to ASU, 1 Br $650, 2Br $750 and Casitas $750. Some Util. Incl. 480-516-0433

Ç Reduced Rates! É 1, 2 & 3 Br’s from $810 Aldea at Estrella Falls 623-385-0114

ALL UTILITIES INCLUDED! Stu. 1, 2, 3 bdrms from $655 Banyantree Apartments Call Now! 602-648-9885

3554

Coronado Apartments Call for current specials!

1 & 2 Bd’s from $830 480-327-4835

3533

ASK FOR CURRENT SPECIAL! Studio, 1 & 2 Br’s from $749 Revival on Thomas Call 602-385-0973

Mesa Apartments SOME UTILITIES INCLUDED! 1 BR’s from $690, 2 BR’s from $840 Dartmoor Apts 480-516-0431

UP TO 1 MONTH FREE! 1 & 2 Bedrooms from $999 Fully Renovated, Fireplaces VIA 21 602-385-1224

Peoria Apartments Great Move-In Specials!

1Bd $1000, 2Bd $1100, 3Bd $1395. Townhomes Avail.

Pillar Bella Vista - 623-385-0096

UP TO $500 OFF MOVE-IN! Studio, 1 & 2 Br’s from $649 Revival Biltmore Call 602-395-0470

LOVE WHERE YOU LIVE! UTILITIES Included!

Rents Start at $655 Ridgeway Village 623-385-0137

3541

WEEK TO WEEK FURNISHED APARTMENTS 3 Locations - 602-385-1204 www.4RentWeekly.com

NO LEASE & FREE UTILITIES! FULLY FURNISHED! Studio & 1 Bedrooms from $539 Chateau Gardens 623-385-0153

ALL UTILITIES INCLUDED! Rates as low as $639/mo.

Pets are welcome - BelCourt (602) 648-9859

RENT TODAY! Gourmet kitchens, custom features at $895. Courtney Vista at Zanjero 623-385-0005

3539

Phoenix Apartments

W/D IN EVERY AP ARTMENT! 1 & 2 Bedrooms from $775.

Belleview Townhomes Call 602-682-9657

Phoenix-West Apartments

1 & 2Brs starting at $719* FREE UTITILITIES. ON LIGHT $249 M-In! oac (subject to RAIL. 1 Br’s from $795* change) FREE Water, Sewer, Trash. Sonoma Sol 623-385-0017 ARBOUR PARK, 1901 East Apache Blvd. 480-682-1990

Loft Apts from $610! Quiet, 1Br fr $709*, 2Br fr $769*. pool, patio, fitness room. $249 M-In! oac (subject to Call 602-249-6244 change) 59Ave/McDowell Sonoma Sol (623) 209-7423

UP TO 1 MONTH OFF! 1 & 2 Bedrooms from $989 Near Bus, Fwys Shops, Parks Revival Midtown 602-648-9871

GREAT LOCATION! 1, 2 & 3 Bds from $824.

W/D, large floor plans.

Cantamar 602-748-1685

Tempe Apartments

Newly Renovated Great Spaces A BOLD NEW CHANGE AWAITS! 1, 2 & 3 Br’s from $865.

Sterling Point 602-903-2895

$750 1 BD FOR $699!

2 BDS from $799. W/D hkup. Water, Sewer & Trash Incl!

Some utilities incl.

1 Bdrm $845, 2 Bdrm $930 Monte Vista 623-385-0134 3 pools, tennis & spa! Pets OK! Villa Fiesta 480-327-4825 Call for Great Specials!

Gourmet & granite kitchens.

Metro at Zanjero 623-385-0090

Surprise Apartments

$0 Deposit. Nice. Quiet Canyon Point (602) 266-7221

3527

Glendale Apartments

3694

Scottsdale Apartments

SPECIALS FOR ACTIVE DUTY MILITARY! 2 Bedrooms from $924. Pet Friendly.

Maravilla 623-385-0029

3524

Gilbert Apartments

To get AZRentals magazine delivered to your door call 602-444-4971 or visit www.azcentral.com/advert/reprentals

3543

Phoenix-North Central Apartments

$399 FIRST MONTH RENT!* 1 & 2 Bedrooms from $579 Water, Sewer, & Trash Incl.

San Marina 623-792-9117 WEEK TO WEEK FURNISHED APARTMENTS 3 Locations - 602-385-1204 www.4RentWeekly.com

3560

Scottsdale Apartments 96th/Shea. BEAUTIFUL! 1Br $965, 2Br $1065.

FREE water, sewer, trash.

Anacosta (480) 327-4828

INCREDIBLE PRICES!!

Tempe Luxury! Great Location! Starting at $985 San Portella 480-385-3075

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Tempe Residential Rentals

Lovely 2 BR 2 BA condo. Fur- Tempe: 3bd 1 ba, 1 story w/ nished? Large yard, 2 car wood floors, all appli incl. garge, For lease 480-483- ref, W/D, lg fenced yard, by AZ Mills Shop. Center, ready 2003 Now! assist pets only, decent credit show by appt $995/mo. 480-991-9477

3702

Tolleson Condo/ Townhome Rentals MOVE-IN TODAY! ONLY $209 + Deposit & fees 623-385-0405 Siegel Suites Tolleson

3733

3785

Northern Arizona Rentals Payson 3 BR, 2 BA house.

Dbl gar. Nice & quiet area!

1 yr lease, $1100/mo.

623-986-1784

Glendale Residential Rentals

3674

Phoenix Condo/ Townhome Rentals 1BR 1BA Condo 19th and Bethany Home 750 sq ft utilities included, $825/mo fresh paint and tile public transportation 623-670-1954

3683

Phoenix-NW Condo/ Townhome Rentals

Call 602-444-4444

Development Opportunity

Arizona real estate from Arizona’s real estate experts.

3787

55+ Living

•3Bd+Fam, Fenc Pool, 2G, New Carpt Paint, 51Av/Peoria $1195 APT HUNTERS 602.863.7676

Glendale 3 BR, 1.5 BA Home, lrg. LR & DR, split lvl., lrg. pool w/ service & ramada.

Good neighborhood. $1300/ mo. 1900 sq ft. 480-390-6825

3745

Peoria Residential Rentals 8439 West Echo Lane 4 BR 2BA new carpet and paint, 1,350 sq ft, 1,095/mo + dep.

No credit check, no pets.

623-341-1831

1Br’s - $2 ,775, 2Br’s - $3,849 Renaissance Luxury Living in Sun Lakes Call 480-682-1499

55+ Community Pet Friendly Apts On-site Beauty Salon 9-Hole Putting Green Fitness, Pool, Spa Studios, 1, 2 & 3 Bds Starting at $700 GREAT M-IN SPECIALS Mesa Royale 480-682-4618 1825 N. Stapley, Mesa ûûûûûû

Peoria: Upgraded 1 BR home -FURNISHED! Available Now! Call for info: 480-431-6671

3790

3751

Furnished Rentals

Phoenix-East Residential Rentals

19th Ave. & Union Hills, 2 BR, 2 BA upper level Condo, granite counter BEST LOCATION IN SCOTTS- tops, all appli, gar, $735/mo.

Julie 623-229-8131 DALE! One Month FREE! 1, 2 & 3 Bd’s from $1,105!

Crown Court 480.682.1988

GREAT MOVE-IN SPECIALS 4 pools/spas + 1 wading pool! 1 bdrm $751, 2 bdrm $855. Vaseo 602-748-1727

3775

Scottsdale Condo/ Townhome Rentals

Catherine Reagor, azcentral.com real estate columnist.

Because for information you can trust, you turn to the Valley’s most trusted source.

Nobody knows the local housing market like StreetScout.com. Home to unique insights and must-have info from Arizona Republic and azcentral.com insiders like Catherine Reagor, this real estate website does more than help you find a place to live. It guides you in making one of life’s most important decisions.

FREE UTILITIES! NO LEASE. Totally Refurb 2Bd/2Ba Con- FURNISHED! Studios & 1Brs do. 32 St/Indian Schl. Gated. from $589. Stapley & Brdwy.

W/D Hk-Ups. $995. 602-265-6490 La Petite (480) 327-4840

3756

Phoenix-Northwest Residential Rentals 1 BR house for rent Glenview & 19th Ave. $600/mo utilities included 602-264-2885

C EKO ][XW aRRVYaWO K[]O TaIVaWJ[\X C `VJPOX W[ WKO DaIIOGFX QN \OJLK_[YK[[PX C S\XJLKWX MY[] I[RaI YOaI OXWaWO OHZOYWX C ^[]OX M[Y XaIO C DJPO[XU ]aZX a\P ][YO

3872

Rental Share CHANDLER 85225 Beautiful Lrg Furnished Room For Rent, Private Bath , Cox/ Wifi/W.D. Utilities Paid 480-456-6558 $650

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3760

Phoenix-West Residential Rentals Clean 3BR 2BA living room, dining room, fresh paint, new tile floor, A/C color patio, near school, $945 623872-0463

3896

Miscellaneous Rentals Prescott Shop Bldg-800 sq ft Heat/AC. Private entrance. $300/mo. 928-533-8048

SENIOR LIVING SPECIALS!

Mesa Royale PET-FRIENDLY APARTMENTS FOR INDEPENDENT SENIORS 55 OR BETTER

Studio, 1, 2 & 3 Bedrooms Available

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STARTI NG @ $800 • Dishwasher • Washer / Dryer • Pool & Hot Tub • Clubhouse • Business Center • Elevators • Fitness Center • Theater • Daily Activities

1825 N. Stapley • Mesa, AZ 85203

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*Prices subject to change

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MORE CONTENT YOU CARE ABOUT. MORE RE WAYS TO CONNECT.

Sales Information: Disposal.gsa.gov Auction Website: RealEstateSales.gov

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3541

3518

Chandler Apartments

2541 W Georgia Phoenix

AR-0008727317-01

Glendale Apartments

Rentals

TEXT CENTRAL

FINDING WORK SHOULDN’T BE WORK.

3527

Text WEST

Accepted at all locations. Rates subject to change without notice. Taxes not included. Some restrictions apply.

The one that works 3500-3999

Text NORTHWEST

TO 602-300-7423 TO 602-300-7423 TO 602-300-7423 FOR LIVE INFO! FOR LIVE INFO! FOR LIVE INFO!

6R z SUNDAY, DECEMBER 17, 2017 z THE ARIZONA REPUBLIC

NOWHERE TO GO? MEET THE “BEST OF”APP. The free Things to Do app from azcentral.com brings you “best of” recommendations for the Valley’s top restaurants, hikes, music venues and more. You want the best – our experts make it easy to find.

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AZCENTRAL.COM z SUNDAY, DECEMBER 17, 2017 z 7R

RENTER’S Legal Q & A Attention property managers and owners! The Arizona Multi housing Association invites you to attend one of the monthly Apartment Coalition meetings located throughout the valley. We currently offer 8 coalitions in the Phoenix-metropolitan area including: Central Phoenix Canyon Corridor (I-17) North Phoenix Glendale

Mesa Maryvale West Valley Tempe

Question: Is it true that a consumer

Editor’s note:

has 3 days to rescind a contract or can an apartment community enforce a signed agreement even though they were contacted within a 3-day period?

Readers who have non-emergency, general landlord-tenant, fair housing or multi-housing real estate questions can mail them to:

Answer: Yes. The apartment community with which you signed a lease agreement can enforce the agreement. There is no 3-day right of rescission for a lease agreement. The rescission rights that you are alluding to are found in A.R.S. 44-5002. These rescission rights only apply when a person or entity come to your place of residence to sell you something. In that case you have 72 hours to rescind the contract. However, when you go to the apartment community and sign an agreement, you are bound by the terms of the agreement. If you simply do not move in, you will be responsible for all of the payments under the lease agreement or until the property is rerented, whichever comes first.

The mission of these coalitions is to lay a foundation of community awareness & involvement by providing educational meetings and networking to better address the needs of your residents as well as provide professional development.

By attending these monthly meetings you’ll find: Information of general interest to all involved in managing properties as well as specific information pertinent to the location of your property Insight from guest speakers on how to improve your property’s performance Information from local police on what’s happening in your area Free Q&A with AMA Member attorneys Legislative updates that affect property owners and managers Networking opportunities to support you in your community FREE LUNCH

Whether you own or manage, you CANNOT afford to miss these Apartment Coalition meetings. ALL area owners and managers are welcome to attend. For more information, contact Stephanie Garcia at sgarcia@azama.org to find out about the next meeting in your area!

The Arizona Republic c/o Rental Team, 200 E. Van Buren Street, Second Floor, Phoenix, AZ 85004. While all cannot be answered in this weekly column, we will attempt to publish those questions that would be of interest to most readers. For specific or urgent advice, consult your own legal advisors before making a decision. Legal Q&A participating attorneys: Scott Clark (602) 957-7877

Matt Koglmeier (480) 962-5353

Andy Hull (602) 230-0088

Mark Zinman (480) 994-4732

AR-0008727333-01

3533

Glendale Apartments

Updated 2Br/2Ba Available!

CALL FOR GREAT MOVE-IN SPECIALS! AR-0008744280-01

623-385-0029 3527

Glendale Apartments

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Glendale Apartments

LEASING TOWNHOMES WITH ATTACHED GARAGES! Located inside Westgate City Center!

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Phoenix-Central Apartments

Studio, 1 & 2 Br's from $649 Recently Upgraded Available 4 Sparkling Pools Great Location

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Phoenix-Central Apartments

602-648-9871

6231 W. McDowell Road, Phoenix Se Habla Español. *Prices subject to change

Remodeled Units New Stainless Appliances Pet Friendly up to 35 lbs.

Near Shopping & Restaurants

Revival on Thomas

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Phoenix-West Apartments

San Marina Check Us Out For Our SUMMER DEALS! Free After School Learning Center

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Phoenix-West Apartments

Tempe Apartments

$399 Move-In Special! oac.

Free Water, Sewer, Trash.

Full-Size W/D in Every Apt.

Sonoma Sol (623) 209-7423

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Phoenix-Central Apartments

Studios 1 & 2 Bedrooms from $749 Scottsdale Living at Phoenix Prices

• • • •

*

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UP TO 1 MONTH FREE! ASK FOR SPECIALS! ➧ FULL SIZE W/D ➧ PET FRIENDLY ➧ NEAR BUS, SHOPPING & PARKS

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602-385-0470 3542

1 & 2 Br’s from $989

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Phoenix-West Apartments

$

Phoenix-Central Apartments

Revival Midtown 6610 N. 93rd Ave. Glendale, AZ 85305 623-385-0119

3554

Phoenix-Central Apartments

UP TO $500 1Brs from $$719 from 789 OFF MOVE-IN! 2Brs 249 MOVE-IN oac

DARTMOOR APARTMENTS 310 N. ALMA SCHOOL RD., MESA, AZ 85201

3542

Phoenix-Central Apartments

WATER, SEWER & TRASH INCLUDED!

Maravilla

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3542

Mesa Apartments

2 BEDROOMS FROM $840

SPECIALS FOR ACTIVE DUTY MILITARY! 2 Bedrooms from $924 • Pet Friendly • Near Luke Airforce Base • Washer/Dryer

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Mesa Apartments

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LIGHT RAIL

STOP #25

Arbour Park 1901 E. Apache Blvd., Tempe, AZ

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1 Bedrooms from $599 2 Bedrooms from $659 2 Bedroom/2 Bath from $699

Tour interiors, amenities, neighborhoods and more.

7002 W. Indian School Phoenix, AZ 85033

623-792-9117

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SCHEDULE A TOUR TODAY...

• Elegant Dining Rooms • Billiards & Card Rooms • Movie Theaters • Fitness Centers • Beauty Salons • Reading Room & Chapel • Covered Patios & Courtyards • Life Enrichment Programs • 12 Floorplans 9508 E. Riggs Road Sun Lakes, AZ 85248 480.883.2000 renaissanceretirement.com

R RENAISSANCE A ROBSON LUXURY SENIOR COMMUNITY

ALL RESIDENCES MUST BE OCCUPIED BY AT LEAST ONE RESIDENT 55 YEARS OF AGE OR OLDER. SERVICES PROVIDED ARE LIMITED TO THOSE DESCRIBED IN THE LEASE OR RESIDENCY AGREEMENT. THE COMMUNITY IS NOT A HOSPITAL OR NURSING HOME. TERMS ARE SUBJECT TO CHANGE WITHOUT NOTICE. 16RC162 9/16 AR-0008715839-08

8R z SUNDAY, DECEMBER 17, 2017 z THE ARIZONA REPUBLIC

What to know about rideshare in gated communities Rent Smart Courtney Gilstrap Levinus Special to Arizona Republic USA TODAY NETWORK

Rideshare services have dramatically changed the way we enjoy the busy holiday season. Instead of fighting crowds for parking at the mall, some savvy shoppers use a rideshare service like Lyft or Uber to take them to their destination. Depending on the venue, you can save money you would have spent on valet or parking and be delivered right to the front door. At the end of a holiday party, a rideshare service can help to ensure you arrive home safely.

Many apartment communities offer residents additional security with pri-

You can save money you would have spent on valet or parking and be delivered right to the front door. At the end of a holiday party, a rideshare service can help to ensure you arrive home safely. vacy gates. Most residents use a keypad or remote to open gates when they return home. When using a rideshare service, your driver needs you to send them a code or help them get through the gates. It’s easy to send them a text or call them with special instructions for how to meet you in your community. Some communities give residents a guest

code to use for visitors or ridesharing services like this. You don’t want to give out your personal code, if you can avoid it.

It may be easier to meet at the front office or a common area, rather than asking the driver to navigate through your apartment community. It’s unlikely your driver has been to your commu-

nity, so try to help them find you quickly.

As a courtesy, always be ready to meet your driver or let them know if you are running late.

If you’re in a home, be sure to turn on lights to ensure your driver can easily find your house number. You don’t want to return to a dark house either, so leave on a light or two.

Ridesharing services have become an economical and safer way to get around, especially during the holiday season. A few extra steps to help your driver will make your pick up and return more smooth.

The Arizona Multihousing Association is the statewide trade association for the apartment industry, representing more than 2,000 members in legislative, legal and regulatory matters.

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