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Saturday, December 25, 2010

Phoenix Abuzz as a Palin Buys a Home

Bristol Palin, the 20-year-old daughter of Sarah Palin, has bought a five-bedroom house in Maricopa, a modest community south of Phoenix, setting off a flurry of speculation as to exactly what her plans — and those of her famous mother — are for the desert dwelling.

The Palin family, which calls Wasilla, Alaska, home, offered no comment. But the sale certainly created plenty of buzz in Maricopa, where for-sale signs are everywhere and celebrity buyers are rare.

“That a ‘Dancing With the Stars’ phenom by the name Palin would invest there is a bolt of lightning for the housing industry there,” said Jason Rose, a publicist in nearby Scottsdale.

Edward Farrell, Maricopa’s vice mayor and a fourth-generation resident, gave Todd Palin, Ms. Palin’s father, a tour of Maricopa earlier in the year and was under the impression that he was looking for a house for the entire family.

“I left the meeting thinking that maybe he and Sarah were looking for a place to live,” said Mr. Farrell, who was surprised when he learned that Ms. Palin was listed as the buyer.

Property records from Pinal County show that Ms. Palin bought a brown stucco house in the Cobblestone Farms development several weeks ago for $172,000 in cash. The price was not bad considering the house has 3,900 square feet and a three-car garage and sold for almost $330,000 four years ago. (Continues here)

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