August 2019
Local Upcoming Events
Westworld Of Scottsdale
16601 N. Pima Rd
Scottsdale, Az 85260
Friday, Sept 6th: 6:30 pm
Saturday, Sept 7th: 11:00 am, 3:00 pm, 6:30 pm
Sunday, Sept 8th: 11:00 am, 3:00 pm, 6:30 pm
Boy's And Girl's Bicycle Given Away At Each Performance!  Every Child Will Receive A Raffle Ticket At The Entrance.  You Could Win!
Adult Tickets Are Also Available To Purchase
At The Box Office 1 Hour Prior To Each Performance.
Circus Hotline: (480) 946-3696

Phoenix Cardinals Schedule
Phoenix Mercury Schedule

Multiple Locations
Next Upcoming Date: Friday, August 2 2019
On the 1st Friday of each month, from 5:00 - 8:00 pm, members of the Sedona Gallery Association offer a unique monthly showcase highlighting artists, special exhibits, and art events. 
5:00 PM to 8:00 PM

2920 Creekside Drive Flagstaff, Arizona
Next Upcoming Date: Saturday, August 3 2019
Now in its 70th year and better than ever, the Navajo Festival celebrates the Dine' people through their art, music, dance, food and more. Come see artists at work, interpreting their lives and culture in both traditional and contemporary mediums. 
9:00 AM to 5:00 PM

The Muse Gallery
735 N. Main St. Studio A Cottonwood, Arizona
Next Upcoming Date: Saturday, August 10 2019
The Muse Gallery invites you to come listen to live music in our garden and support local artists. Come join us in #OTC in celebrating all of the stellar wine rooms, galleries, and fabulous shopping and cuisine. 
4:00 PM to 8:00 PM

4050 Red Rock Loop Rd Sedona, Arizona
Next Upcoming Date: Wednesday, August 14 2019
Led by a knowledgeable naturalist, hikers get the rare opportunity to enjoy the sunset and moon rise from a park overlook and return by the light of the moon.
$5 program fee plus regular park admission fee
6:00 PM to 8:30 PM

300 N Broadway Clarkdale, Arizona
Next Upcoming Date: Saturday, August 17 2019
The Verde Canyon Railroad offers this monthly Starlight excursion on select Saturdays June through September, departing the depot during the cooler temperatures of later afternoon and traveling through sunset and into the moon glow of twilight.
5:30 PM to 9:30 PM
Adult Cooking Classes
The Vistas Pavilion at Las Sendas
7555 E Eagle Crest Dr Mesa, Az 85207
May 9, 2019 - September 26, 2019
Recurring Every 2 Weeks On Thursday
From: 06:30 pm to 08:30 pm
$50 Per Person
(480) 396-4000 Ext. 222

Saguaro Lake
July 6, 2019 - August 31, 2019
The Desert Belle Tour Boat
14011 N Bush Hwy Mesa, Az 85215
Starting: 06:00 pm
(480) 984-2425
Recurring Weekly On Sunday, Saturday

Pleasant Harbor Marina
8708 W Harbor Blvd. Peoria, AZ 85383
Movie Night In The Park: The Living Desert
Usery Mountain Regional Park
3939 N Usery Pass Rd Mesa, Az 85207
September 7, 2019
From: 07:00 pm To 08:30 pm
(602) 506-2930

Ongoing Calendar of Concerts

Event Calendar

Is a Turnaround Looming for the Homeownership Rate?

National Association of Realtors
July 29, 2019

The homeownership rate fell slightly to 64.1% in the second quarter, according to U.S. Census Bureau data released this week. While the number of new households is rising, the homeownership rate was mostly flat during the quarter due to the increase mostly coming from new renter households. The number of new renters was larger than the number of new owners for the first time since the fourth quarter of 2016, according to census data.

"The housing shortage, especially at the level of moderately priced homes, has prevented financially capable renters from owning," Lawrence Yun, chief economist of the National Association of REALTORSĀ®, said in a statement about the latest homeownership rate numbers. "More home construction is needed to relieve the housing shortage and allow more Americans to participate in the wealth gains associated with ownership."

Indeed, the homeownership rate is below what it should be, Mark Fleming, chief economist of First American, noted in a separate report this month. In 2018, the homeownership rate underperformed potential demand by 8.7%, and Fleming points to young adults and their lifestyle choices as the main culprit.

Where Are We Now? 
Data Shows Substantial Housing Progress Post-Recession

RIS Media 
By Liz Dominguez

Since the recession, the U.S. real estate housing markets have undergone a significant transformation, creating a booming real estate industry that is almost unrecognizable to the one we had just a decade ago.

June marked the longest period of economic expansion for the country, reaching 121 months. What's happened in that time? According to a CoreLogic report, "The Role of Housing in the Longest Economic Expansion," the housing flip rate and home prices and rents are up. One of the biggest indicators of change, however, is the drastic dip in homes with negative equity. All of these improvements have been driven by several economic factors, such as low unemployment and rising GDP growth rates.

"During the last nine years, the expansion has created more than 20 million jobs, raised family incomes and rebuilt consumer confidence," says Frank Nothaft, chief economist at CoreLogic. "The longest stretch of mortgage rates below 5 percent in more than 60 years has supplemented these factors. These economic forces have driven a recovery in home sales, construction, prices and home equity wealth."

Home Equity Rates Have Drastically Improved
Negative equity no more. In the first quarter of 2010, the percentage of underwater homes sat at a dismal 25.9 percent. Fast-forward to earlier this year, and that number has significantly dropped to a mere 4.1 percent.

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Pauline Roth
REALTORĀ©, Certified ECO BrokerĀ©

928.830.2774    |    |