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Historic Ground-Breaking of PhoenixMart – Thousands Of American Jobs Coming Soon

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Ground-Breaking of PhoenixMart ad future 9,000+ JobsBy Jennifer Srock 

“PhoenixMart will help American businesses to grow and expand in this very competitive global marketplace. The build-out of the project alone will make a significant contribution to the American economy” says the former U.S. Secretary of Labor, Elaine Lan Chao.  Over 9,000 Americans jobs will be created out of this project with many of those jobs located right here in Arizona. So, if you’ve been wanting to move to Arizona but needed to find a job here first, this may be your opportunity.  [Read more…]

Ground IS Breaking For PhoenixMart November 7th, 2013

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Ground IS Breaking For PhoenixMart November 7th, 2013Ground IS Breaking For PhoenixMart November 7th, 2013

Do you believe it? The Phoenixmart ground-breaking event, some of us have been waiting for, is here.  This ceremonial ground-breaking will bring together federal delegates and business leaders from the U.S. and abroad to celebrate the first U.S. global commerce center in the western hemisphere. I feel privileged that my hometown of Casa Grande, Arizona is the final destination chosen for this first-class world-wide showcase venue.  As a realtor, I look forward to the employment opportunities and community growth. I too will be there to celebrate.

DIRECTIONS FROM PHOENIX –

  • TAKE I-10 SOUTH TO EXIT 194 E. FLORENCE BLVD.
  • HEAD EAST FOR ABOUT 2.5 MILES. YOU WILL SEE TENTS.

ALLOW AT LEAST 1.5 HOURS FOR EXTRA TRAFFIC FOR THIS EVENT.

EVENT TIME STARTS AT 9:30 am This Thursday Nov. 7th

SPEAKERS/ INTERVIEW OPPORTUNITIES:

• Jeremy Schoenfelder, President of PhoenixMart

• Elaine Chao, 24th Secretary of Labor of the United States

• U.S. Rep. Ann Kirkpatrick, Arizona 1st Congressional District

• U.S. Rep. Paul Gosar, Arizona 4th Congressional District

• Bob Jackson, Mayor of Casa Grande, Ariz.

 

Is Now The Time To Buy A Home In Casa Grande, Arizona?

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By Jennifer Srock

**Click 33 year Graph of Arizona Home Prices – Appreciation Rates **Click

As you will see in the above graph, the market already had a major spike and then dropped drastically. That drop caused another smaller frenzy again that drove prices back up to reasonable, average pricing again. Yes, we’ve cycled back to a more normal housing market. Now that it has corrected, you should expect to see about the usual 6-9% increase in Arizona home prices over the more recent years to come. Insufficient regulation is one reason he expects another real-estate bubble to surface within 15 years. “I would bet my life on it,” says Mark Calabria, at the public policy research organization of Cato Institute. Could this too be a sign to buy a home in Casa Grande now while still on the rise so you can take advantage of the future bubble? [Read more…]

PhoenixMart Rumors – March 2013 Update

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By Jennifer Srock

This update comes from the Mayor of Casa Grande, Bob Jackson at his annual State of The City Address. You can watch the Mayor’s State of the City Address on Cox Channel 11 on Monday, Wednesday, Friday and Sunday at 8:30 a.m. & 6:00 p.m. It’s also airing on Tuesday, Thursday and Saturday at 8:00 p.m.

AZ Sourcing, the developers of the PhoenixMart project, are working on securing all of the necessary paperwork and permits from the different entities involved. The US Department of Commerce also needs to approve VISAs for investors to solidify the financing of the project. According to the mayor, the new 1.75 square foot commercial complex is expected to create 3,000 direct jobs in Casa Grande with an initial investment of approximately $150 million in building and infrastructure. Most of the investment for the construction of the project will come from foreign sources under the Federal Immigration EB-5 Program.

There is not a projected ground breaking date as of yet.

5 Biggest Home Buyer Negotiation Blunders

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According to the 2011 National Association of Realtors® Profile of Home Buyers and Sellers, the second most popular reason buyers use a real estate agent is to help with the negotiation process. However, buyers can negatively impact the process making mistakes which lead to them losing their dream house. Don’t make these negotiation blunders:

  1. Not entering with a negotiating strategy: Before submitting an offer, try to remember that the seller has already decided how much money they want from the sale of their property. “Knowing how to negotiate a home purchase effectively is the key to getting the best deal,” says Jennifer Srock, Accredited Buyer’s Representative. “Without a plan, you might risk losing the house you want.” [Read more…]

Historic Opportunities To Buy Real Estate

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By Jennifer Srock

It’s often said, “What’s Past is Prologue.” To buy real estate, the past can indeed determine the future, when buyers choose to restore or preserve a historic property. “Opportunities abound for those wanting to purchase a historic home, but so do questions about the soundness of the investment,” says Jennifer Srock of Keller Williams Legacy One Realty.

Before making an investment in history, Jennifer recommends that potential home buyers consider these questions: [Read more…]

Casa Grande REALTOR®, Jennifer Srock, Achieves National Recognition

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Jennifer Srock, GRI, ABR

Jennifer Srock with Keller Williams Legacy One Realty has been awarded the Accredited Buyer’s Representation (ABR®) designation by the Real Estate Buyer’s Agent Council. (REBAC) of the NATIONAL ASSOCIATION OF REALTORS® (NAR).

Jennifer joins more than 30,000 real estate professionals in North America who have earned the ABR® designation. All were required to successfully complete a comprehensive course in buyer representation and an elective course focusing on a buyer representation specialty, both in addition to submitting documentation verifying professional experience. [Read more…]

PhoenixMart Rumors – October 2012 Update

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October 2012 PhoenixMart Rumors

I recently spoke with former City of Casa Grande councilman and current candidate for Pinal County Supervisor, Steve Miller. He has been keeping in touch with the Pres. of AZ Sourcing who is behind the PhoenixMart project.

The EB-5 immigrant investor program I’ve discussed in my blog posts have been fulfilled by the Chinese which is the part of the story most of the public is hearing that may be taken out of context. PhoenixMart rumors have it that the project has met the funding requirements. However, the project was not just being funded by the Chinese. As I mention in the blog, only 1/3 was coming from the Chinese. Another 1/3 was to come from the U.S. and another 1/3 from Europe.
It is typical for people of the U.S. to wait until after an election to make any major financial decision. A small portion of the 1/3 needed from the U.S. is there but, there’s speculation the rest wouldn’t come until some time after the election.
The other issue is the 1/3 coming from Europe. With the European economic crisis, there aren’t many investors to fill the 1/3 needed to fund PhoenixMart at this time either.
Although permits are being  Steve miller put it, ” I wouldn’t hang my hat on PhoenixMart. I don’t see it going away. I just don’t see it in the near future”. He goes on to explain that the government timeline for the EB5 program doesn’t begin until ground breaking. To begin construction, all investors MUST be in place for them to break ground.
The lack of certainty in today’s economic markets is going to be the cause of further delay of PhoenixMart.
PhoenixMart Rumors and Updates – January 2012, May 2012, October 2012, April 2013

PhoenixMart Rumors and Other Casa Grande Projects

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Is PhoenixMart Advancing?

According to Mayor Bob Jackson, the only hold up for this project is the processing time for an EB-5 application. When the project began, the processing time through Washington was only 2 months. It is now 8 months to get through the process which has added 6 months of a delay. Ground breaking is now planned to take place by the end of 2013 with an estimated opening day in February of 2014.

Watch the video below for Mayor Jackson’s May 18, 2012 update on project to open in 2014.
  • PhoenixMart
  • Sam’s Club
  • Ritchie Brother’s International Heavy Equipment

Also find out about the renovation of the downtown library, dispatch center, $3.5 million reconstruction of Downtown Florence Street and development of the Community Recreation Center as well as the Downtown cleanup of the junkyards just south of the railroad tracks.

Is Casa Grande positioning itself to be an international marketplace?

Is the project just a bunch of PhoenixMart rumors? Follow these Updates – January 2012, May 2012, October 2012, April 2013 Search Homes For Sale In Casa Grande, AZ.

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