Richmond American Homes buys 53 lots in Goodyear for $2.49M

MICHAEL GOSSIE Richmond American Homes bought 53 lots in Goodyear for $2,949,600, according to the commercial real estate tracking website Vizzda. The cost of the land, located at the northeast corner of   Citrus and Yuma roads in Goodyear, breaks down to $55,652.83 per lot. The seller was Steele Investments Inc. Profit Sharing Trust. READ ALSO: 12 West Valley construction projects … Read more

Barney Farms in Queen Creek opens for presales

(Disclosure: Rose Law Group represents Fulton Homes.) By Rose Law Group Reporter TEMPE, Ariz.  – March 16, 2021 – Fulton Homes, Arizona’s largest family-owned and -operated homebuilder, has announced the presale of homes in its newest east Valley community, Barney Farms. The presale includes homes in two neighborhoods, Meadows and Groves. Home sizes range from 1,691 to 3,595 square … Read more

Cushman and Wakefield Brokers $64.5M Sale of Luxury Multifamily Community in Arizona

Cushman & Wakefield announced the firm has brokered the sale of Village at Aspen Place, a 222-unit Class A, mixed-use luxury multifamily community located within a premier lifestyle center in Flagstaff, Arizona. An entity formed by Orange County, California-based NNC Apartment Ventures, LLC acquired the Village at Aspen Place community for $64.5 million. The seller was … Read more

Flagstaff among top secondary home markets in U.S

Photo via Flagstaff City Government By Ben Geier | Smart Asset While the coronavirus pandemic has impacted millions of Americans with businesses shuttering and companies laying off employees, the secondary home market is seeing an unexpected surge. Remote workers are temporarily relocating from larger cities to less dense, more comfortable spaces. The real estate brokerage firm … Read more

Phoenix No. 1 in nation for growth in home values and rent

AZ BUSINESS MAGAZINE The Phoenix residential real estate market is booming, recording the highest annual growth in both home values (17.1%) and typical rent (8.4%) among the nation’s largest metros, according to Zillow’s latest market report. Extreme demand driven by exceptionally low mortgage rates, demographic pressures and pandemic trends kept the housing market boiling as we … Read more

DR Horton buys 119 lots in Buckeye

AZRE DR Horton bought 119 residential lots in Buckeye for $ $8,011,700, according to the commercial real estate tracking website Vizzda. The seller was Forestar Group. The land is located at the northeast corner of Apache and Lower Buckeye roads in Buckeye. The land includes 119 platted and engineered single-family residential lots. The land is part … Read more

New homes proposed adjacent to Tonto National Forest in Scottsdale

By Mike Sunnucks | Rose Law Group Reporter Plans have been submitted in Scottsdale for a proposed 52-home residential development adjacent to the Tonto National Forest. The Joy Ranch gated development is slated for 77.6 acres at Joy Ranch Road and Boulder View Drive. The residential subdivision is proposed by Sonoran Peaks LLC (an arm … Read more

McCarthy completes Mirabella at ASU

 AZRE McCarthy Building Companies recently completed Mirabella at ASU, a first-of-its-kind intergenerational community for older adults, on the campus of Arizona State University in Tempe, Ariz. Founding members are moving into the 20-story residence in phases now through the spring. Mirabella at ASU is the culmination of an innovative partnership between Pacific Retirement Services, Arizona State University and … Read more

Second Landmark Ranch parcel in Coolidge is set for development

By AARON DORMAN, Staff Writer More than a decade ago, Coolidge mapped out a large housing plan, Landmark Ranch, in the west portion of the city between Ninth Street and Kenworthy Road. Although 200 homes were built before the Great Recession, it has taken until now for developers to begin building out homes in the … Read more

Flagstaff City Council circles back to affordable housing discussions

BRADY WHEELER Sun Staff Reporter As housing officials move toward a 10-year housing plan, members of the Flagstaff City Council once again discussed the possibility of placing an affordable housing bond on the ballot. Housing officials are hoping to have the housing plan completed for city council discussion in September, outlining affordable housing goals and … Read more