New master-planned community for Avondale

Alamar, a master-planned community located just north of the Sierra Estrella Mountains, in Avondale includes 461 homes in six neighborhoods. It is 3 miles south of Interstate 10 near Avondale Boulevard and Dysart Road, according to Brookfield Residential Director of Marketing Garilyn Bourgeois. Amid breathtaking desert landscapes and rivers, Alamar is a master-planned community with … Read more

Wickenburg Housing Market Situation

Despite some economic unrest associated with COVID-19, Wickenburg has sustained a steady home sales market. According to Tinzie Realty’s Designated Broker and Owner Shanna Grossman, “The Wickenburg real estate market is strong, and home sales are brisk. When a home is priced correctly, it will generally sell quickly and often with multiple offers.” My Home … Read more

VanTrust plans to break ground on industrial building in Glendale

VanTrust Real Estate recently nearly 80 acres at Sarival Road and Maryland Avenue. According to the commercial developer, they plan to break ground in October on a 660,000-square-foot speculative industrial building to be completed by spring 2021. “The site is located in close proximity to a growing and skilled labor force, along with prime access … Read more

Local Real Estate Market Booms Despite Pandemic

By Cheryl Hentz The way the world does business has changed since the onset of the COVID-19 pandemic. That includes how real estate agents and brokers approach the business of marketing and selling houses, even renting them.  Instead, agents are meeting buyers at listed properties, sometimes even letting them tour vacant properties by themselves. In … Read more

Miramonte Homes to Build Luxury Residences at Saguaro Ranch

Saguaro Property Development, LLC development partners Scott Lundberg and Brian Peschel recently reached an agreement with Tucson-based homebuilder Miramonte Homes to offer luxury residences at Moonlight Canyon, which is coming soon. The exclusive 1,100-acre gated community 35 minutes north of downtown Tucson is distinguished by an unexpected arrival experience — a private tunnel entrance. Everyone passing through this unique portal is wowed … Read more

Glendale hot as WV housing market is on a tear

Sellers have no reason to be jittery about the Valley’s housing market—and especially some West Valley cities—judging by the Cromford Report’s latest look at last month’s home sale data for the region. Avondale and Glendale have the hottest housing markets in the Valley, according to the latest index developed by Cromford Report—the leading analyst of … Read more

Multifamily development report for PHX indicates a steep decline

According to RENTCafe, Phoenix Metro area is set to see a 37% drop in apartment construction compared to last year. The report estimates a 12% drop in new units since 2019 with nearly 300,000 built in 2020. The full study, which includes national data and charts, is available here: https://www.rentcafe.com/blog/rental-market/apartment-construction-2020/ Read more at AZ Big Media

Building a strong foundation: The construction industry thrives in a virtual age

Special to Inside Tucson Business The Tucson Metro Chamber created the Construction + Design Sector Partnership about a year ago to bring industry leaders together to discuss and solve workforce development issues and challenges. Each of the leaders represent a different component of the industry, but there is one thing that unites us—the need for … Read more