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Hotel-building boom shaking SE Valley, an article from The Arizona Republic, reports that the Southeast Valley is in the midst of a hotel-building boom.  A few examples include 5 new hotels in Mesa and another dozen in Tempe and Chandler.  David Nance, vice president of membership for the Arizona Hotel & Lodging Association said, "There's a lot of new hotels planned everywhere, not only in the Southeast Valley but in Avondale, Glendale, Goodyear, Peoria.  The growth in the industry is everywhere."  Arizona is one of the top 10 states for growth in population and tourism.  Robert Brinton, executive director of the Mesa Convention and Visitors Bureau, said some of the hotels planned for the Southeast Valley and the rest of the Valley may not materialize, depending on the economy and investors.
Pinal County unveils parks, open-space plan, an article from the East Valley Tribune, reports that a plan has been developed by Pinal County officials to preserve open space, parks and trails.  At a day-long Pinal County Outdoors Summit on Thursday, the Pinal County Open Space and Trails Master Plan was unveiled.  Kent Taylor, a Pinal County senior planner said, "As residents, stakeholders and land managers, we make daily choices about developing communities.  Open space, parks and trails are an important part of that."   
http://www.eastvalleytribune.com/story/101613
  
Five Solutions for a Troubled Housing Market, an article from Realtor Magazine Online,  reports that Forbes.com asked the question, "How do you fix a troubled housing market?", to CEO's of real estate firms, real estate practitioners, economists from lending institutions and research directors.  One of the solutions offered by professor of real estate finance at Arizona State University is to restore investor faith.  Another solution is to cut construction and prices.  Mark Zandi, chief economist at Moody's Economy.com said, "The market will only hit bottom after builders cut construction and sellers slash prices.  The longer builders and sellers hold on, the longer the market will struggle."
http://www.realtor.org/rmodaily.nsf/pages/News2007110802