Raintree Investment, Richmond American Homes rolling out new Avondale development

By Mike Sunnucks | Rose Law Group Reporter Phoenix-based Raintree Investment Corp. is developing a 435-lot new residential development in Avondale at Buckeye Road and 107th Avenue. The Avondale development is called Vista del Verde. Chris Janson, executive vice president for Raintree, said, said the first 140-lot phase has been completed with Richmond American Homes constructing … Read more

Inspire Communities acquires On the Greens, Coyote Trails Golf Course

California-based Inspire Communities has acquired On the Greens in Cottonwood, a 55+ active lifestyle community and its Coyote Trails Golf Course. Inspire Communities is one of the nation’s largest owners and operators of manufactured housing communities and RV resorts. Inspire Communities has owned and operated Pine Shadows, next door to On the Greens, for the … Read more

Rents Finally Dip in Scottsdale

By Catherine Reagor | Arizona Republic, (June 2020) Metro Phoenix rents have finally stopped rapidly increasing and are even dipping in some areas. Scottsdale posted the second biggest decrease in the U.S. for the median rent on a one-bedroom apartment this month. Other Valley cites including Chandler, Tempe and Phoenix saw rents drop, too. This month’s … Read more

Scottsdale developer eyes great multifamily development equalizer

By Terrance Thornton Twitter: @NVNEWSMAN (June 2020) In the grand scheme of things, affordable housing — typically envisioned as multifamily layered development including single-family detached and attached dwellings — is a fair and balanced way to describe Phoenix metropolitan housing stock. However, as Maricopa County continues to rapidly grow local economists see a systemic need for more … Read more

Home Features That Millennial Homebuyers Love

By Linda Zhang Forget much of what you’ve heard about millennials. No longer is this generation seeking a studio loft in the city center. They’ve grown up, and they’re settling down. And that means they’re following some of the predictable patterns seen in older generations. They’re having kids, moving to the suburbs, and taking out … Read more