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Millennials in the burbs? You won’t believe the latest home-buying trends
By Clare Trapasso | realtor.com What’s a millennial pushing 30 to do? Apparently, leave the fun, the fantasy, the pace, and the possibilities of big-city living far behind and buy a home … out in the...
View Article$5M+ Deals – 13+ acres of Peoria commercial sell for $8.7M
Below are the deals that closed Wednesday, March 9, 2016 in Maricopa County over $5M according to the Maricopa County Recorder. Rose Law Group Reporter has not independently verified these...
View Article$5M+ Deals – 5.4 acres of Gilbert Rd land
Below is the deal that closed Thursday, March 10, 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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ADOT wants SR 347 overpass on fast-forward timeline
Rendering of model ADOT is using as a guide for engineers designing the overpass on SR 347 over the Union Pacific Railroad tracks. By InMaricopa Beginning next week, Arizonans will be able to provide...
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Downtown Mesa makes a comeback
The City of Mesa, AZ, hired Opticos to create a Master Plan and Form-Based Code that would remove existing barriers to revitalizing the city’s downtown. By Shelley Ridenour East Valley Tribune If...
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How the $118M Hance Park build-out will boost property values in downtown...
By Eric Jay Toll | Phoenix Business Journal There’s no magic formula to apply to Hance Park, but based on experience in other cities, a well-designed urban centerpiece park adds value to real estate...
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Another bite from the Apple in East Mesa
Credit- Matthew Roy/AZBEX By Rebekah Morris for Arizona Builder’s Exchange If Apple was trying to go “incognito”, they might have chosen a less auspicious name for a development company. Platypus...
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Scottsdale infill to bring 170 apartments
Courtesy of City of Scottsdale By Matthew Roy for Arizona Builders Exchange From the ashes of an abandoned South Scottsdale parking lot and a long-derelict nightclub may rise a new multi-family and...
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Employment, construction improving in Greater Phoenix
ELLIOTT D. POLLACK & Company FOR IMMEDIATE RELEASE March 14th, 2016 The Monday Morning Quarterback A quick analysis of important economic data released over the last week The good news this...
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Brokerage firm predicts continued mid-size rise for Phoenix
Source: JLL Mid-size users are dominating the Phoenix industrial market, and the construction sector has a heavy hand in that success, says the Phoenix office of JLL. According to the brokerage firm,...
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Maricopa top county for second homes by number
National Association of Realtors Second homes are not just centered in beachfront communities. In fact, 913 counties within 49 states had second homes that accounted for at least 10 percent of the...
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Why homebuyers really need to hurry
Daily Real Estate News Homebuyers are expected to outnumber home sellers this spring, which likely will drive up asking prices, Lawrence Yun, the chief economist for the National Association of...
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Homebuilder confidence indicates housing stability
By Anna Louie Sussman | The Wall Street Journal A gauge of homebuilder sentiment held steady in March, a sign the U.S. housing market could be stabilizing after a soft start to the year. An index of...
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Real Estate to benefit as Internet access taxes end
By Robert Freedman | National Association of Realtors Ten states today levy what are known as Internet access taxes. That might come as a surprise to many people, since the taxes are largely invisible....
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Multifamily mortgages grew at fastest pace since 1993
Reuters The amount of outstanding U.S. mortgages for multifamily homes rose to $1.06 trillion in 2015, up 10.4 percent from a year earlier, which was its fastest annual pace since 1993, a U.S. industry...
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Lenders getting choosier with risky real estate deals
By Sarah Mulholland | BloombergNews Lenders are getting stingier when it comes to funding risky U.S. real estate developments, putting pressure on landlords in need of fresh funding to keep their...
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Fairmont Scottsdale Princess sold to China’s Anbang as part of $6.5 billion deal
Fairmont Scottsdale Princess Phoenix Business Journal New York private equity firm Blackstone Group is selling the Fairmont Scottsdale Princess as part of a $6.5 billion deal to sell Strategic Hotels...
View Article$5M+ Deals – 194 units in Mesa for $19.5M
Below is the deal that closed Monday, March 14, 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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Phoenix homeowners could see first property-tax rate increase in 20 years
By Dustin Gardiner | The Arizona Republic After seeing their property-tax bills shrink for years — and then slowly start to grow again — Phoenix homeowners could face a more significant tax increase in...
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Ducey signs bill to block Phoenix Roosevelt Row district
By Brenna Goth, The Arizona Republic Gov. Doug Ducey signed a bill blocking a new district on Roosevelt Row HB 2440 changes requirements to form business-improvement districts Phoenix Mayor Greg...
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