Almost ten years ago, DMB, Inc. unveiled, what has now become, the wildly successful master planned community of Verrado. Set on just over 8,800 acres, Tom Lehman and John Fought created what is now one of Phoenix’s premier golf destinations.
Tucked in the foothills of the White Tank Mountains, stretching to more than 7,000 yards, and offering awesome views and rugged natural beauty, the Raven at Verrado is an exceptional golf experience that can accommodate golfers of all levels.
The popular PGA TPC Scottsdale event draws thousands of Scottsdale golf fans and many out-of-state visitors every year.
The 16th hole has become a special favorite. The high spirit of enthusiastic fans can be heard coming form the grandstands and corporate suites. This year there will be even more rowdiness with the addition of 20 new Skyboxes at the 16th hole bringing the total to 192. Let the fun begin.
Open organizers are also adding greenside suites and cabanas at the 16th. Can it get any better?
TPC Scottsdale Is a Popular Event
Tom King, chairman of the Phoenix Open states that corporate sponsorship has greatly fueled the new additions to the event. The Phoenix open is often one of the most attended events of the PGA Tour. The tournament drew 179,000 fans for it Saturday round earlier this year and just under 526,000 fans for the whole week. It is routinely the most-attended golf event of the year on the PGA Tour. Next year’s Phoenix Open will take place from January 27th to February 4th.
TPC Scottsdale Features Two Championship Golf Courses.
The Stadium Course
Since opening in 1986, The Stadium Course at TPC Scottsdale has hosted some of contemporary golf’s greatest moments. The course was designed by Jay Morrish and Tom Weiskopf specifically to serve as the stage for the PGA TOUR’s Waste Management Phoenix Tournament, an event that draws over 500,000 fans and is the largest spectator golf event in the world. In fact, the enthusiasm of fans transforms the 16th hole into “The Coliseum”, creating one of the most exciting settings in professional sports. This is just one of the many unique locations on the Stadium Course where fans witness history-making moments by the world’s greatest players on the PGA TOUR.
During the 51 weeks of the year when fans are not witnessing “The Greatest Show on Grass”, you can test your own skills on the same pristine fairways of “one of America’s best courses”, which are maintained to PGA TOUR-quality standards year-round. Lauded for its outstanding environmental stewardship, the Stadium Course is also the first golf course in Arizona to be designated an Audubon International Cooperative Sanctuary System.
The Champions Course
Built on the former site of TPC Scottsdale’s Desert Course, the Champions Course was designed by Randy Heckenkemper to fit seamlessly into the natural desert terrain. Rivaling its famous sister course in beauty and playability, the Champions Course is the consummate desert golf experience. The par-71, 7,115-yard course meanders over natural ravines and picturesque foothills, with five par-3s and a diverse variety of par-4s and par-5sm and a quartet of dramatic finishing holes make this golf gem a must play.
In Freddie Mac’s results of its Primary Mortgage Market Survey (PMMS®), average fixed mortgage rates jumped along with bond yields amid recent Fed remarks that it could begin tapering its bond purchases later this year. The average 30-year fixed-rate mortgage rose from 3.93 percent last week to 4.46 percent this week; the highest it has been since the week of July 28, 2011. This represents the largest weekly increase for the 30-year fixed since the week ended April 17, 1987. Despite the recent gains in mortgage rates, homebuyer affordability remains strong for the typical family in most parts of the country, which should help fuel the ongoing housing recovery.
Mortgage Rates Breakdown
- 30-year fixed-rate mortgage (FRM) averaged 4.46 percent with an average 0.8 point for the week ending June 27, 2013, up from last week when it averaged 3.93 percent. Last year at this time, the 30-year FRM averaged 3.66 percent.
- 15-year FRM this week averaged 3.50 percent with an average 0.8 point, up from last week when it averaged 3.04 percent. A year ago at this time, the 15-year FRM averaged 2.94 percent.
- 5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 3.08 percent this week with an average 0.7 point, up from last week when it averaged 2.79 percent. A year ago, the 5-year ARM averaged 2.79 percent.
- 1-year Treasury-indexed ARM averaged 2.66 percent this week with an average 0.5 point, up from last week when it averaged 2.57 percent. At this time last year, the 1-year ARM averaged 2.74 percent. According to Frank Nothaft, vice president and chief economist, Freddie Mac:
“Higher mortgage rates may dampen some housing market activity but the effect will be muted by the high level of buyer affordability, and home sales should remain strong. For instance, existing home sales in May rose to its strongest pace since November 2009 and new home sales were the most seen since July 2008.
Source:Realtytimes.com for RE/MAX
If you are thinking of purchasing a home, this may be the best time to do so with both mortgage rates and home prices rising. Give us a call:(480) 421-8116
The Arizona Biltmore Golf Club is hosting a Play n’ Pay promotion tomorrow from 6:30 a.m. to 2:00 p.m. Book a tee time, and you will be able to play a round of golf before picking your price.
Golfers can play a round of golf and afterward pay the price they feel is fair for the outing. For this exclusive offer, players will be able to choose what they think their experience was worth. The Biltmore will donate a percentage of the profits to the 100 Club of Arizona, which provides financial assistance when serious injury, death or life-altering situations occur for public safety officers. This is for a good cause, so be honest and fair about the price you choose.
The Arizona Biltmore Golf Club
The Arizona Biltmore Country Club boasts a challenging 36-hole design, featuring two of the premier Phoenix golf resort courses: The Adobe and The Links. Built in 1928 and restored in 2004, The Adobe offers wide fairways and classic cross-bunkers for that extra challenge. The Links features rolling fairways, desert ravines and five pristine lakes that call for a high level of sportsmanship, bold shots and demanding accuracy.
The Adobe Golf Course
The Adobe course is considered stately and grand, a forefather of modern design. The Adobe offers a simplistic beauty hard to find in an era when trickery is a goal in golf course architecture. When you long for a relaxing yet challenging round, there are few equal. The lush, 50 year-old fairways and spacious layout are a reminder of the game the way it was meant to be – a time when graphite was for pencil lead and golf balls only came in one color. Like the great players of its day, the Adobe can tell you some stories.
The Links Golf Course
The younger of the Biltmore family, smart, fresh and a bit precocious, this celebrated layout has quickly earned the respect of golfers everywhere. Rolling fairways lined with luscious pines meander through some of the most stunning homes in Phoenix, Well-bunkered greens demand precision shot selection, and the contoured greens roll as they come. If you can accurately place the ball, you will be rewarded in your score.