Matt Roberts Post author:Karen Schutte PINAL COUNTY, ARIZONA — Lennar purchased an additional 102 lots in the Red Rock Village MPC for $4.59 million ($45,000 per finished lot). The lots are 40’ X 115′ and are Lennar’s first purchase in the Red Rock Village community. The lots were purchased from Sunbelt Holdings. Sunbelt acquired the remaining 680-acres … Read more
Porter Kyle, a Scottsdale-based developer well known for creating high-end residential communities, is planning a new townhome community across from the popular Park West mixed-use development in Peoria. The project, known as The Prescott at Park West, will sit on a vacant 5.4-acre property at 8128 North 99th Avenue. The site is currently zoned C-2 Intermediate Commercial. … Read more
Scottsdale homebuilder Meritage Homes has began the process of developing a master-planned community is near the NE corner of Broadway and 91st Avenue south of Tolleson. Notably, the community is only a few miles of the newly completed Loop 202 South Mountain Freeway. The high-profile Scottsdale homebuilder purchased 172 lots within the Estrella Planning Area. … Read more
While COVID-19 continues to wreak havoc on the national economy, the Phoenix area continued to be a “hot-spot” (pun intended) for real estate and homeownership during the 4th quarter of 2019 before the global pandemic began to impact the Grand Canyon State. According to the National Association of REALTORS® 4th quarter local market report, the … Read more