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[IN-DEPTH] House bill erodes Benson improvement district control, foes say

Map courtesy of City of Benson By Emily Bregel | Arizona Daily Star Benson city leaders say a bill moving quickly through the Legislature gives too much power to a landowner seeking tax-exempt bond...

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Peoria housing project awaits pact between resident, builder

By Chris Caraveo | Daily News-Sun The City of Peoria has approved a developer’s request to rezone a plot of land, allowing the company to proceed toward building new homes in the area. But first, the...

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Queen Creek council praises citizenry in State of the Town presentation

From left are council members Robin Benning and Craig Barnes, Ms. Wheatley, Mayor Gail Barney and Vice Mayor Dawn Oliphant, /Special to the Independent:Wendy Miller By Wendy Miller | Queen Creek...

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$5M+ Deals – $32.25M for Scottsdale Rd commercial; 240k SQ of Surprise...

Below are the deals that closed Friday, March 4, 2016 in Maricopa County over $5M according to the Maricopa County Recorder. Rose Law Group Reporter has not independently verified these transactions....

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A rundown on tax breaks for homeowners; Arizona provides a few

By Daniel Goldstein | MarketWatch If death and taxes are the two things you can always count on in life, there probably should be a third: the bucketful of tax breaks Uncle Sam offers every year to...

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Foreign buyers pulling back, realtors say

A strong U.S. dollar and rising home prices have undermined demand, according to industry economists By Laura Kusisto | The Wall Street Journal Demand from foreign buyers is weakening, the National...

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Scottsdale Gainey Center II sells for $35.25M

Gainey Center II By AZRE In a $35.25 million deal, Lincoln Property Company (LPC) and Goldman Sachs purchased Gainey Center II in Scottsdale. The companies will complete minor renovations at the...

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Tempe in top 10 quality downtown living cities

Skye 15 Lofts, nestled within the Riverside-Sunset Neighborhood just west of Mill Avenue in Downtown Tempe By Claire Trapasso | realtor.com Thriving nightlife? Check. Walkable city streets? Check. Arts...

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New real estate year marked by investor caution

REALTORMag Investors are bullish for real estate, but they still have some hesitations, a new study says. Ninety-one percent of recently surveyed senior commercial real estate executives say they...

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Phoenix beefs up staff to handle development

By Matthew Roy for Arizona Builder’s Exchange The Phoenix City Council approved the Planning and Development Department’s request to add 19 new staff positions, a move they say is needed to accommodate...

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$5M+ Deals – Scottsdale & Peoria commercial

Below are the deals that closed Monday, March 7, 2016 in Maricopa County over $5M according to the Maricopa County Recorder. Rose Law Group Reporter has not independently verified these transactions....

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Tempe council incumbents reelected; mayor unopposed

Tempe City Council By Chris Coppola | The Arizona Republic Two Tempe City Council incumbents appeared on their way to re-election Tuesday night, while one newcomer was well in front of three other...

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Phoenix real estate in February: Sales down 3%, inventory down slightly

  By Bill McBride | Calculated RISK Finance & Economics This is a key distressed market to follow since Phoenix saw a large bubble / bust followed by strong investor buying. For the fifteenth...

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Housing market takes on split-levels; Phoenix agent comments

Lower-priced homes sell quickly while inventory on the higher end piles up By Joe Light | The Wall Street Journal A two-bedroom house in Los Angeles listed for $585,000 received 10 offers in the first...

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Homeowner expectations and appraisal values divided as gap widens

Hard to keep up in today’s fast-paced housing market By Brena Swanson | HousingWire The gap between appraisal and owner estimates widened for first time in six months, Quicken Loans said in its latest...

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PulteGroup CEO says access to credit a headwind to housing

By Brena Swanson | HousingWire With housing inventory a hot-button topic right now, it’s only fitting to hear what the CEO of top homebuilder PulteGroup, Richard Dugas, had to say about the biggest...

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Phoenix moves to bolster light rail

By Matthew Roy for Arizona Builder’s Exchange The Phoenix City Council voted March 2 to adopted a trio of ordinances pertinent to the future of light rail in the city. One ordinance will move the South...

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Home buyers can expect lower inventories and higher prices

Low interest rates take away some of the sting By Anya Martin | The Wall Street Journal As winter draws to a close, homeowners coming out of hibernation are looking for new homes. And those who sleep...

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Chandler’s Price Corridor could get Silicon Valley feel

By Chris Coppola | The Arizona Republic A new plan for Chandler’s Price Corridor envisions turning 15 acres of the southeast Valley into a version of Silicon Valley. A development application for the...

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Americans’ housing wealth recovers $7 trillion as prices firm

By Steve Matthews | Bloomberg Business Record home values from Charlotte to Dallas to San Francisco Recovery helps offset stock market losses, aids consumers In March 2014, Steven and Bernadette...

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