Sunday, January 12, 2014
Revenue skyrockets as sales of state land strengthen
Aided by the improving economy and land prices, the Arizona State Land Department has brought in more revenue recently, a trend that is likely to continue as the state auctions off more land, including prime property in Phoenix’s Desert Ridge area.
The trust has seen revenue skyrocket from land sales and leases as the economy and land prices have bounced back. The State Land Department brought in more than $318 million in fiscal 2013, which ended June 30 — a near 60 percent jump from the previous year, which saw revenue of a little more than $200 million, according to a department official.
Read more...Revenue skyrockets as sales of state land strengthen
Reuters: Financial Services and Real Estate
Voice of Housing
NuWire Investor: RealEstateInvestment
REC News Center
- ► 2016 (145)
- ► 2015 (146)
- Downtown Gilbert Heritage District Streetscape Evo...
- Forecast: Homebuilding to focus on west
- Scottsdale Opts to Sell Third Distressed Property ...
- Gilbert council switches gears, will allow zoning ...
- CityCenter reviving under new ownership
- Scottsdale council approves 3 new housing developm...
- 3 banks failed to meet some relief tests: monitor
- Tempe's Centerpoint on Mill on verge of comeback
- Chandler sees boom in multifamily housing
- Revenue skyrockets as sales of state land strength...
- Arizona’s lost homeownership
- Phoenix-area foreclosed owners could get thousands...
- Frank Lloyd Wright’s archives net millions, record...
- Experts offer tips to prevent ID theft
- Smaller home developments gain traction in Scottsd...
- ▼ January (15)
- ► 2013 (395)
- ► 2012 (392)
- ► 2011 (704)