Why fewer existing homes sold last month
By Clare Trapasso | realor.com Sales of existing homes fell in February, according to the National Association of Realtors®. Fewer homes were sold last month as the lack of properties bearing those...
View ArticleWidening home-price gap makes trading up harder
High-end housing prices increase most, leaving midtier owners less likely to sell and upgrade By Chris Kirkham | The Wall Stret Journal The widening gap between the middle and upper tiers of home...
View ArticleTighter inventory drives up home prices, making market less appealing
By Steven Russolillo | The Wall Street Journal Between low interest rates, a steady job market and rising rents, economic fundamentals suggest lots of houses should be selling. Simultaneously, though,...
View ArticleInterest from big manufacturers fuels economic growth in San Tan Valley,...
Pinal County Community Development Director Himanshu Patel, right, and Public Works Director Louis Anderson discussed economic development in San Tan Valley as well as other communities in the county...
View ArticlePresidential candidates’ positions on housing
By Clare Trapasso | realtor.com The most unpredictable, most divisive, and certainly weirdest presidential race in a generation (or several) is heating up way beyond the boiling point. Candidates are...
View ArticlePeoria mayor says city coming out of the bedroom
Cathy Carlat campaign photo by Philip A. Fortnam By Peoria Independent Peoria Mayor Cathy Carlat gave her second State of the City Address at Arizona Broadway Theater on Tuesday. She recapped her first...
View ArticleHousing starting year on soft note, says Fannie Mae
By Jann Swanson | Mortgage News Daily Fannie Mae’s Economic Summary for March reports an improvement in financial market conditions and reduced concerns about an imminent risk of recession but did not...
View ArticleMore than half of new homes built in community associations
By National Association of Home Builders According to data from the Census Bureau’s Survey of Construction (SOC), 58 percent of all homes started in 2014 were built within a community or homeowner’s...
View ArticlePeoria marketing development opportunities
By Rebekah Morris for Arizona Builder’s Exchange The City of Peoria Economic Development Team will host a forum to showcase upwards of 20 development opportunities within the city to a group of...
View ArticleCommercial property sales plunge in February
By Peter Grant | The Wall Street Journal Sales of U.S. commercial real estate plummeted in February, sending the clearest signal yet that a six-year bull market might be coming to an end. Just $25.1...
View ArticleMohave County gives OK to large solar development
By Doug McMurdo | Kingman Daily Miner Staff The construction of an 800-acre photovoltaic solar farm between Kingman and Valle Vista could begin this fall following the Mohave County Board of...
View ArticleQ1 2016 Arizona economy heads into uncertain global terrain
By George W. Hammond, Ph.D. | Real Estate Daily News The University of Arizona’s Economic & Business Research Center (EBRC) is reporting in its economic scorecard for 2015 shows the state of the...
View ArticleBaby boomers, downsizing for retirement, create niche real estate market
Developers aim to cut the average baby boomer home size in half by Alexei Barrionuevo| Curbed Ever since builder Del Webb opened Sun City Arizona’s first five model homes in 1960, retirement has been a...
View ArticleDeveloper regroups after Flagstaff rejects campus housing project
The Hub rendering By Suzanne Adams-Ockrassa | Arizona Daily Sun In anticipation of having its rezoning application rejected, Core Campus has submitted this alternative plan for the Hub, showing the...
View ArticleHousing plateau or housing bubble? Here’s the difference [VIDEO]
Bloomberg Business Trulia chief economist Ralph McLaughlin discusses the real estate crunch for first-time home buyers with Emily Chang on “Bloomberg West.” Watch:
View Article$5M+ Deals – Over $38M in multifamily deals
Below are the deals that closed Wednesday, March 23, 2016 in Maricopa County over $5M according to the Maricopa County Recorder. Rose Law Group Reporter has not independently verified these...
View ArticleScottsdale mayor proposes new city council district representation
South Scottsdale condos By Terrance Thornton | Scottsdale Independent Mayor Lane is set to propose a new hybrid district council system in an effort to ensure all Scottsdale citizens — in particular...
View ArticleMore Americans flocking to Sun Belt metro areas
In terms of raw totals, the Houston metro area registered the top total net migration gains in 2015./ :FlickrCC:Ron Kikuchi Phoenix gaining 40,000 new residents per year By Mike Maciag | Governing More...
View ArticleDiamondbacks to county: Repair Chase Field or we’ll leave
Bank One Ballpark under construction in 1997 By Craig Harris | The Arizona Republic The Arizona Diamondbacks are threatening to sue Maricopa County and leave downtown Phoenix if the team isn’t provided...
View ArticleConstruction unemployment rates improve
“Snowzilla” Arizona ranks 14th for its construction unemployment rate AZRE Unusually mild weather in much of the country continued into the first part of January, but ended for the East near the end of...
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