Kiosk Dedicated to the Growth of the Luxury Home Market

Kiosk Dedicated to the Growth of the Luxury Home Market Fourth Quarter • 2006 www.azkatzgroup.com 602.996.9910 Welcome in 2007! 2 Japanese Friendship Garden 2 After dark: 100 years of the evening dress 2 A new dog park 3 Book shelf 4 Who wants to be a Beanie Baby Ambassador? 4 Make your own wine at Casavino Winery 4 “Cleaning Up” the Southwest 4 Robb & Stucky seminars 5 US Airways presents ZOOLIGHTS 6 Going organic. Is it the right choice for you? 6 Mortgage talk 7 4th Annual Penny Pitch Golf Tournament 7 Real Estate Overview Who do we believe? The national press who report that we are in great trouble and consumers are discounting their properties up to 30%, or do we look at the stats? As far as I am concerned, our source of valued information is not the national press. They have taken the valley-wide stats and incorrectly projected a disaster. The truth is that if you owned a home in one of the outlying communities such as Avondale or Goodyear where excessive speculation and new construction caused a glut of property on the market, the national press would be correct but in Scottsdale and PV, we are holding our own. In both Scottsdale and Paradise Valley, we continue to see an increase in the per square foot sales prices for residential resale homes. What we are actually experiencing is market stabilization. In PV, although our listing inventory is 27% above 2005, it is 10% below 2003, which was, in fact, a very good year. The reason time on the market has increased is that the velocity of sales is approximately 40% below 2005 and 2003 levels. Likewise, in Scottsdale, although the inventory levels are quite high (almost 100% above 2005 and 2003), the velocity of sales is 27% below 2005 and only 2% below 2003 levels. by Evan Katz What we are actually experiencing is market stabilization. During market shifts, the consumer tends to be more cautious. With the local economy being strong, unemployment down, gas prices decreasing and interest rates poised for a decrease in early January, we will see an increase in the number of prospective buyers in the market, inventories of available homes will decrease and prices will, at the very least, be maintained at current levels. Note that due to the unusually high inventory of listed homes in Scottsdale; we might see some softening in certain market segments. Meanwhile, it is obvious that the Scottsdale and PV homeowners are being patient and holding to our new price structures. The figures in the two charts are not necessarily indicative of the specific price of your home but rather highlight overall trends. If you wish to determine the value of your home, please contact Evan Katz at 602.920.9899 or e-mail at ekatz@azkatzgroup.com. It is our feeling that an informed consumer is our best customer and we look forward to increasing your knowledge and enriching your future. Residential real estate sales: A comparison of the first three quarters of 2005 and 2006 GENERAL STATS: YEAR BUILT Jan. 1 - Sept. 30, 2005 Jan. 1 - Sept. 30, 2006 # Sold AVSP/SF # Sold AVSP/SF $689 $943 $532 $443 $368 $455 N/A $406 N/A $303 $479 $302 $347 $324 $285 $288 $286 $265 $273 $242 % Change -9.1% N/A* 13.2% -11% -4.4% 22.3% N/A 22.3% N/A 7.5% 10.1% -35% 13% 7.3% 11.7% 12.5% 9.6% 10.8% 3.4% 12.5% # Currently Listed 27 7 41 29 12 43 1 54 0 5 27 6 49 75 29 138 17 212 45 308 Paradise Valley $5,000,000+ 2000+ 5 $758 13 $5,000,000+ 2000- 3 $368 3 $3,000,000-$5,000,000 2000+ 25 $470 23 $3,000,000-$5,000,000 2000- 8 $498 16 $2,000,000-$3,000,000 2000+ 19 $385 6 $2,000,000-$3,000,000 2000- 38 $372 31 $1,000,000-$2,000,000 2000+ 15 $322 0 $1,000,000-$2,000,000 2000- 158 $332 100 $700,000-$1,000,000 2000+ 0 N/A 0 $700,000-$1,000,000 2000- 71 $282 21 Scottsdale (includes properties located south of Bell Road and north of Indian Bend) $2,500,000+ 2000+ 2 $435 8 $2,500,000+ 2000- 2 $465 4 $1,200,000-$2,500,000 2000+ 63 $307 51 $1,200,000-$2,500,000 2000- 56 $302 93 $800,000-$1,200,000 2000+ 41 $255 34 $800,000-$1,200,000 2000- 209 $256 207 $600,000-$800,000 2000+ 21 $261 20 $600,000-$800,000 2000- 331 $239 276 $400,000-$600,000 2000+ 34 $264 37 $400,000-$600,00 2000- 664 $215 421 *Smaller 3927SF property incorrectly skews AVSP/SF. All facts stated are deemed accurate but are not guaranteed. If your home is currently listed on the MLS, this should not be considered a solicitation for your business. The purpose of this analysis is to demonstrate overall movement in each market segment; therefore, the per square foot price does not necessarily reflect the exact price of your home. Read more inside... Kiosk Japanese Friendship Garden by Ted Krismann The Japanese Friendship Garden, “Ro Ho En,” features more than 1,500 tons of handpicked rock, more than 50 varieties of plants, flowing streams, a 12-foot waterfall and a Koi pond. The Garden is the product and shared cultural vision of the Sister Cities of Phoenix and Himeji, Japan. PUBLISHED BY: The Katz Group, a partnership of Realty Executives’ licensed professionals EDITOR: Jamye Katz 480.348.5985 CONTRIBUTING EDITORS: Welcome in 2007! Celebrate 60 years of The Phoenix Symphony evoking love, passion, romance and excitement in our lives through the power of music. Don’t miss the magnificent Diamond Jubilee celebration, Le Masquerade Ball, on New Year’s Eve. Revel in an evening filled with guest celebrities, special honorees, unique entertainment and fabulous auction items. The Gala takes place at the Westin Kierland Resort & Spa and proceeds benefit The Phoenix Symphony. Optional activities including a special New Year’s Day brunch, golf and spa packages and more are available at the resort carrying over onto January 1. Gala tickets begin at $600 per person. The Garden, located at 1125 N. 3rd Avenue between Culver and Portland Streets, reopened September 30 for the 2006/07 season. Through May 27, 2007, the garden will be open Saturdays from 10 a.m. to 4 p.m. and Sundays from noon to 4 p.m. Admission is $3 for adults and $2 for seniors, students and military personnel. Children 12 and under are free. Group and school tours will be available by reservation only on Tuesdays and Thursdays. Groups also will be able to make reservations for tea ceremonies at the garden’s Tea House. Tea ceremonies are scheduled the second Saturday of each month from October through May and cost $20 per person. Reservations are required. Adam Child Deanna Conte Evan Katz Jamye Katz Ted Krismann Mary Meinz MARKETING / SALES: Evan Katz 480.348.3865 Jamye Katz 480.348.5985 Ted Krismann 480.556.1024 www.azkatzgroup.com For Symphony Gala questions and additional information, please contact Special Events Coordinator, Marsha Berland, at 602.495.1117, Extension 334. Those interested in visiting the Garden or Tea House can find more information online at www.phoenix.gov/parks or by calling 602.256.3204. Our clients’ needs always come first. After dark: 100 years of the evening dress by Jamye Katz “Be a caterpillar by day and a butterfly by night,” advised the legendary designer Coco Chanel. The evening dress is perhaps the most imaginative and transformative of all fashion items. From turn of the century floral velvets to elaborately embroidered silk couture gowns of the mid-century, this Phoenix Art Museum exhibition chronicles the last hundred years of glamorous evening attire. Featuring over 25 exquisite gowns drawn from the Museum permanent collection of Chanel, Balenciaga, Christian Dior, Mainbocher, Charles James and others, this exhibition is a celebration of the elegant dress, the women who wore them and grand social occasions to which they wore them. For most people, their home is one of their most valuable assets. As residential Realtors®, we work with people in transition who are making decisions that affect lifestyle changes and long-term economic security. The strong and ever-lasting relationship we have developed with our clients is based on trust. The essence of The Katz Group’s long-term success is the inherent desire to help and protect our clients. Our professional business ethics are driven by this credo and are paramount to all other actions. For a free consultation, contact Evan Katz @ 602.920.9899 Jamye Katz @ 480.348.5985 Ted Krismann @ 480.556.1024 This will be the inaugural exhibition in the Fashion Design’s new gallery in Phoenix Art Museum from November 11, 2006 – April 1, 2007. Call 602.257.1222 for more information. 2 Dedicated to the Growth of the Luxury Home Market A new dog park by Jamye Katz Now that our monsoon summer weather is slowly leaving town, it’s a great time to take your 4-legged kids out for a romp at a brand new dog park. The Steele Indian School Dog Park is located just off the main park’s parking lot on the west side of 7th Street, just north of Indian School Road and is open during normal park hours of 6 a.m. to 10 p.m. daily. Community members are continuing to raise funds for additional Dog Park amenities such as shade structures, benches, water resources within the off-leash area, and lighting. In addition to this new park, there are four other spots to go play fetch with Fido and Frieda: • PetSmart Dog Park, 21st Avenue north of Maryland (between Bethany Home and Glendale). • RJ Dog Park at Pecos Park, 48th Street and Pecos Parkway (enter from 48th Street via Chandler Boulevard). • Grovers Basin, 20th Street at Cave Creek Road and Grovers. • Rose Mofford Sports Complex, 9833 N. 25th Avenue (north of Dunlap). Plans call for two new sites to be built by 2008: • Reach 11 Recreation Area, just north of the Central Arizona Project canal between Cave Creek Road and Scottsdale Road. • Deem Hills Recreation, 51st Avenue alignment north of Happy Valley Road. (continued from page 1) A comparison of the first three quarters of 2005 and 2006 Jan. 1 - Sept. 30, 2006 YEAR Jan. 1 - Sept. 30, 2005 BUILT # Sold AVSP/SF # Sold AVSP/SF Residential real estate sales Scottsdale Ranch Areas Urban Living Scottsdale Phoenix Pinnacle Peak Arcadia % Change # Currently Listed $500,000+ $500,000+ $500,000+ $200,000-$500,000 $500,000+ $200,000-$500,000 $500,000+ $2,000,000+ $2,000,000+ 2000+ 27 2000- 385 2000+ 112 2000- 467 2000+ 132 2000+ 2000+ 8 7 2000+ 29 $293 $244 $291 $226 $260 $499 $238 $471 $492 $414 $316 $301 $266 $241 $328 $289 $411 $277 $296 $381 $291 $347 $290 $280 $388 $303 $310 $491 $318 $389 $222 $367 22 375 99 381 64 10 46 34 50 14 127 117 141 269 25 24 25 142 237 13 61 101 3 41 150 155 255 20 13 39 22 3 $366 $274 $333 $255 $259 $635 $276 $525 $501 $427 $351 $332 $298 $271 $404 $314 $518 $323 $385 $517 $324 $407 $275 $348 $487 $327 $372 $592 $361 $446 $451 $482 25% 37 12.3% 275 14.4% 96 12.8% 283 -.4% 62 27.3% 17 16% 79 11.5% 95 1.8% 130 3.1% 48 11% 12% 156 172 10.3% 118 12.5% 208 23.2% 23 8.6% 13 26% 30% 35.7% 20 261 9 Cactus Corridor $500,000+ 2000+ 44 2000- 12 $1,000,000-$2,000,000 2000+ 154 $1,000,000-$2,000,000 2000- 122 $600,000-$1,000,000 $600.000-$1,000,000 $1,000,000+ $500,000-$1,000,000 2000+ 215 2000- 403 2000+ 2000- 28 39 32 152 276 15 51 104 2 43 215 157 290 22 31 51 2 4 Guard Gated Communities Paradise Valley $1,000,000+ Scottsdale $600,000+ Pinnacle Peak $600,000+ Golf Course Properties Paradise Valley $1,000,000+ Scottsdale $600,000+ Pinnacle Peak $600,000+ Waterfront Properties Scottsdale $300,000+ $300,000+ View Properties Paradise Valley $1,000,000+ Scottsdale $1,000,000+ Pinnacle Peak $1,000,000+ New Construction Paradise Valley $1,000,000+ Scottsdale Phoenix Arcadia $750,000+ $750,000+ $750,000+ Pinnacle Peak $750,000+ 16.6% 104 11.4% 27 17.3% 88 -5.2% 1 24.3% 17 25.5% 174 8% 20% 123 387 20.5% 38 13.5% 39 14.7% 85 N/A* 31.3% 44 4 *AVSP/SF is skewed by the number of sales of new units at 2211 Camelback. 3 Kiosk Who wants to be a Beanie Baby Ambassador? by Evan Katz Graphic stories – with heart Things were going so well for Marisa Acocella. Her cartoons were being published in The New Yorker, and at the age of 43, she had finally become engaged for the first time, to restaurateur Silvano Marchetto. And then five months later, her world turned upside down with a diagnosis of breast cancer. So Acocella did what she does best – she wrote (and drew) an utterly charming graphic novel about her bout with cancer. “The goal of the Beanie Baby Ambassador Program is to help our troops during war or peace, at present and in the future... to break the ice with native populations across the globe,” says Christine Hess, founder of Beanie Baby Ambassador. “My life experience has taught me that kindness experienced as a child is a very powerful, never to be forgotten influence.” Christine grew up in Germany after World War II. The years after the war were not years of plenty in Europe. As children, they rarely had chocolates but whenever NATO troops exercised their yearly maneuvers, Christine and her sister invariably were showered with candies and other rare treats by these camouflaged strangers. Big smiles underlined their kindness. They didn’t need language. Today Christine lives here in the valley and since she came up with the idea to support U.S. troops overseas, more than 5,000 beanie babies have found new homes with children in Iraq Book shelf Through her lens by Jamye Katz In her new book, Annie Leibovitz, our most famous photographer, places celebrities side by side with surprisingly personal images of love and loss. While manipulating the world of polished glamour from Whoopi Goldberg in the milk bath to a nude and very pregnant Demi Moore, to the most famous picture of all: John Lennon, bare as a baby, curled around Yoko Ono, taken hours before he was killed, Leibovitz has mostly remained hidden. The camera, she has said, is a protection. Now, in a surprising new collection of her work, A Photographer’s Life: 1990-2005, Leibovitz, 56, is getting personal. Interspersed among the famous subjects are pictures of her extended family, her own three young children and the person she was closest to for that decade and a half – the late writer and critic Susan Sontag. Cancer Vixen is hilarious, especially in its portrayal of her overbearing Italian mother whom Marisa called the Sophia Loren of New Jersey. But at the heart of the book is Acocella’s relationship with her husband, Silvano, who owns Da Silvano, a trendy downtown Manhattan restaurant. They were married less than a month after her diagnosis. She was terrified he would leave her – especially since Da Silvano is swarming with beautiful models. “The cancer was something that made my relationship with him much better,” Acocella says, “It validated it.” Specializing in Home Repairs • Drywall Repair • Irrigation • Electrical • Plumbing • Masonry • Home Inspection Repairs HOME WORKS Prompt & Courteous Fully Insured For more information or to make a donation, visit www.beaniebabyambassador.com F R E E E S T I M AT E S 602-509-1796 Don Kimpton 4 Dedicated to the Growth of the Luxury Home Market Make your own wine at Casavino Winery by Ted Krismann Here’s a subject that’s near and dear to my heart – WINE! As Arizona’s premier onsite custom winemaking facility, Casavino Custom Winery lets you make quality fine wine with your own custom-designed label. No experience (or stomping) necessary! Come in to the winery, select your favorite wine to make, and with staff consultation, start fermentation of a batch (yielding 28 bottles). In about six weeks, it’s ready for bottling and labeling. Plus, a custom label makes your wine uniquely yours. Hundreds of pre-printed label templates (on which they add your custom message to pre-printed artwork) are available. This is a great idea for holiday gifts, birthdays, weddings, anniversaries, personalized client gifts or just a fun evening with friends. “Cleaning Up” the Southwest by Mary Meinz, ASID Although our native southwest interiors are stronger than ever in home decorating, as professionals, we are striving for much less clutter than ever before. Why is this? Perhaps because contemporary design is also on the rise, and this spills over into traditional and western interiors as a result. It is a simple matter – just use fewer wonderful accessories of more interest and better quality. Think of it this way... if you LOVE everything you own, rotate it! Yes, choose one look for summer, and lighten or change your kilim or western rugs and accent pillows from the darker colors of winter, to sisal or cooler, lighter colors for the summer season. It’s simple, it’s refreshing, and it is better than using every wonderful thing we own all of the time. The same principle works for our bedding, table settings, and yes, even artwork. We do this in our gardens and our wardrobes, so why not in our homes? Kitchens of the southwest are more often seen as cleaner and more industrial looking, with the use of stainless steel, glass, painted finishes and/or lighter woods. This all adds to the “less is more” look we are after. To top it off, think about the color you are choosing. Color affects us in every way – our moods, our light or lack of, our entertaining, our relaxation... if color is lighter, more subtle and calming, it has a tendency to offer the more “streamline clean” effect to even the southwest or eclectic southwest style. The winery is located at 12005 N. Saguaro Blvd. in Fountain Hills. Call 480.816.VINO for more info.. In-store seminars At Robb & Stucky Friday, November 17th at 2:00 PM Friday, December 15th at 3:00 PM Have a Bling, Bling Christmas Tis’ the season to sparkle, dazzle, and glitter. Join Design Director Michael Scott, IDS Professional Allied ASID and Interior Designer Loretta Baretta, IDS as they show you how to make your world glisten with Holiday trimmings, accessories and more. Don’t forget to wear your latest “Bling Bling.” “Tour this Christmas Treasure” Tour the Home of Design Director, Michael Scott, IDS, Professional Allied ASID and Artist Thomas Riker to set your spirit high for this holiday season. This home trimmed in festive glory will thrill the senses like never before. Maps and directions will be available at the Scottsdale showroom. Friday, December 8th at 2:00 PM Fanciful, Sophisticated, Imaginative Table Settings Join us for a time of celebration filled with Holiday music, delectable holiday treats and unusual holiday table settings. Let Design Director Michael Scott, IDS, Professional Allied ASID and Interior Designer Jane Dugan, Allied ASID as they take you on a holiday decorating tour. Vote for your favorite and a chance to take home your own Holiday gift. Please call Michelle Pinto for reservations at 480.321.8071. Mary is an Interior Designer at Robb and Stucky and you can reach her at 480.321.8079. TradiTional and ConTemporary STyleS reSidenTial and CommerCial mary meinz, aSid InterIor DesIgner extensIon 8079 15440 n. scottsDale rD. • scottsDale, aZ 85254 • 480.922.0011 5 Kiosk US Airways presents ZOOLIGHTS Patterns of light in the night! The magic begins after the animals at the Zoo go to sleep! This year it’s all about patterns you’ll see in the night. Light and color allows us to create masterpieces of art. Patterns of light and color in nature are all around us – zebra stripes; rainbows; iridescence on animals and fish; a shadow; ice; and you’ll see patterns on you! Jengo is back at ZooLights, plus wagon rides, carousel rides, music, kettle korn, hot chocolate and a new and totally different dancing tree show! Visit ZooLights from November 23 – January 7, 2007. For details or to purchase tickets, call 602.914.4333 or visit www.phoenixzoo.org. Going organic. Is it the right choice for you? In today’s fast-paced environment, you may have trouble finding time for grocery shopping – not to mention that you’re bombarded with more choices than ever once you get there. Adding to your growing list of decisions is the longstanding debate as to whether or not to buy “organic.” For a budding number of savvy consumers, the decision is easy. But there are some still in doubt about the exact meaning of the term. October 2002, all foods labeled organic, whether imported or from the United States, must be grown, handled and processed according to strict national standards set forth by the U.S. Department of Agriculture (www.ams.usda.gov/nop). It is important to note that these standards were not developed to create a superior product with respect to the safety, quality or nutritional value; instead, they were developed to create consistent standards and labeling for organic foods. In order to meet these standards, organic crops must be produced without most conventional pesticides, synthetic fertilizers, sewage sludge, bioengineering or ionizing radiation. Organically raised animals must be given organic feed, free of growth hormones and antibiotics, along with access to the outdoors. What It Means To Be Organic. As of Eat It While It’s Fresh. Although it is by Deanna Conte, MS, RD, LD widely believed that organic foods are safer, more nutritious and better for the environment, there is currently no conclusive evidence to support these claims. There are a limited number of studies that are poorly designed, and findings have been inconclusive. However, we do know that certain nutrients in fresh foods, such as vitamin C, diminish over time. So even if organic food is higher in certain nutrients, if it sits around for a while, it is likely to lose any nutritional benefit. If you decide that organic is not for you, here are a few tips from the Environmental Protection Agency on how to reduce consumption of pesticide residue on conventional foods. • Wash and scrub all fresh produce under running water. • Peel fruits and vegetables whenever possible. • Remove and discard outer leaves of leafy vegetables. • Trim fat from meat, and remove skin from poultry. • Eat a variety of foods. If you can justify the higher cost, and you feel better about purchasing organic foods, go for it! Regardless, the best thing to do is to eat lots of vegetables, fruits, lean meats and whole grains from a variety of sources. After all, we do know that a well-balanced diet can maintain and/or improve your health, whether it includes organic or conventional foods. If you need help balancing your diet and setting goals and maintaining them, contact Franne Wilk, Registered Dietitian at La Camarilla Racquet, Fitness & Swim Club. She can meet with you privately in one-on-one sessions or you can join her successful “Why Weight?” weight management program, a 10 week course given to small groups to educate clients about nutrition, weight management & fitness. She may be reached at 602.505.3399. entirely organic can be costly. If your motivation is to reduce the chemicals in your diet, you may want to start by looking for organic versions of the foods found to have the highest pesticide residue: spinach, lettuce, tomatoes, apples, blueberries, raspberries, strawberries, peaches, pears, melons, green beans and peas. Bottom Line. You’ll find that going Deanna Conte, MS, RD, LD, is co-author of “A Guy’s Got to Eat: The Regular Guy’s Guide To Eating Smart” (Marlowe & Co., 2003) 6 Dedicated to the Growth of the Luxury Home Market Mortgage talk by Adam Child What’s up with interest rates? At this writing, the yield on the 10 year treasury is 4.63%. It was as high as 5.25% within the last 60 days and was recently as low as 4.55%. Movement of the 10 year Treasury is significant because as it moves, so move long term mortgage rates. Going from 5.25% to 4.55% is a .70% improvement, .70% is close to 3/4% as .50% is the same as 1/2%. So if you are wondering what is happening with long term mortgage rates, you can follow movement in the 10 year treasury and have a very good indication as to the direction rates are going and by how much. As expected, the Fed has paused their rate hikes and there is strong speculation, which I agree with, that there will be at least one or two rate reductions early next year. It has long been assumed that the Fed has gone too far by as much as .50% to .75%. Oil has come back down to $62.91 a barrel recently which has taken a lot of pressure off inflation. New home sales are way off and real estate inventories are up. Since real estate and construction spending play such a large role in our economy, you can be quite certain rates have peaked and will soon lower some more. The Federal Funds rate is currently at 5.25% and Prime is at 8.25%. I would expect both to be at least .50% lower by early 2007. The 1 month Libor, one of the indexes that moves on the front line of mortgage rates, has recently gone from 5.405% to 5.331%, a trend worth watching. sales of 2006 and home sales of 2005. In my opinion, 2005 was an anomaly. I think there may be some confusion over It was a year rarely seen. When looking what rates really are today. I recently had at 2006 you see that real estate activity a client say to me, “so what are rates now? is somewhere between 2003 and 2004 Aren’t they over 8%?” With that comment, levels, both of which were considered it became apparent that the perception fantastic years. on how much rates have gone up might Refinance: If you are on an adjustable be confusing. Many homeowners have rate mortgage, have a second mortgage or Home Equity Lines of Credit which are are carrying balances of revolving debt, typically all tied to prime. With Prime at you should look at consolidating that into 8.25%, obviously rates on 2nd mortgages one new mortgage. We can provide you are high right now. But Prime mostly affects second mortgages, car loans, credit with a cash flow analysis on the benefits of this. Do not let the “perception” of rates card rates and commercial loans. Prime today keep you from looking into this. is not an indication of where long term mortgage rates are. This may surprise Finally, from my list of favorite Mackay you but here are some rates ranges as Morals from noted author Harvey Mackay, of this writing: “There are really no mistakes in life – there are only lessons.” • 30 year fixed conforming – non jumbo – Upper 5% to lower 6% range, 5.75% You may call me direct at 480.603.0405 to 6.25%. • 30 year fixed Jumbo – Low 6% to middle 6% range, 6.25% to 6.5%. • 5/1 Interest Only Arm – non jumbo – 6% or less. • 10/1 Interest Only Arm – Jumbo – Low 6% range. What are rates these days? or e-mail me at adam@childmortgage. com with any questions or needs for real estate financing. I also appreciate your referrals. What should I be doing today in the real estate world? Buy Real Estate: Of course I would say that! But, the reality is that home prices have stabilized and in some areas, where it was needed, prices have corrected somewhat. There have been many comparisons made between home Adam Child 4th Annual Penny Pitch Golf Tournament by Evan Katz For thousands of Arizona’s children, no hiding place in the world is good enough. Arizona’s Children Association is dedicated to helping keep children safe from abuse and neglect, and providing them with permanent homes. One of the largest non-profit agencies in the state to offer foster care, adoption, behavioral health, prevention programs and other child welfare service, Arizona’s Children Association has been positively affecting the lives of Arizona’s children for over 93 years. Hosted by Cocopah RV and Golf Resort, the 4th Annual Penny Pitch Tournament will benefit Arizona’s Children Association. So, mark Saturday, December 9th on your calendar and make your way down to Yuma for the 11AM shotgun start. Fees are as follows: Tee Sponsor + 4 person team – $325. Tee sponsor – $100 or $60 per golfer. All entries include green fee, golf cart and a yummy prime rib dinner. President 14269 North 87th Street, Suite 201 Scottsdale, Arizona 85260 www.childmortgage.com adam@childmortgage.com 480-607-6645 Fax: 480-607-6647 Toll Free: 888-388-2514 Mobile: 602-989-9414 MB-090165 For more information, call 928.736.4335 or log on to www.arizonaschildren.org. 7