Newsroom By MARA KNAUB SUN STAFF WRITER An audit found that more permits for single-family homes in Yuma were issued than anticipated while the multi-family and commercial permits were less than estimated. The City Council on Wednesday presented the results of an audit of the development impact fees collected by the city. The audit and a … Read more
Post author: Karen Schutte MARANA, ARIZONA — DR Horton, Inc. purchased the balance of the lots at The Village at Barnett. The second phase consisted of 146 platted and engineered lots that were purchased for $5,000,000 ($34,246/platted lot). The seller in the transaction was RB Land Barnett Partners, LLC (Randy Bury, Manager). DR Horton purchased phase … Read more
AZ Business Magazine Phoenix will be America’s second-hottest housing market in 2021, topping a list of mostly Sun Belt cities expected to continue heating up faster than the nation’s large coastal markets, according to a new Zillow survey of experts. Coming in at No. 1 on the list of America’s hottest housing markets in 2021: Austin, … Read more
David Weekley Homes is now selling 82 high-quality homes in Eastmark Voyage, its third section in the Mesa master-planned community of Eastmark. The builder’s fully furnished model homes, The Roadrunner and The Hildmann, are open daily for tours, according to a release. Eastmark Voyage offers buyers one-story homes and a choice of seven floor plans … Read more
REAL ESTATE | 4 hours ago | PETER MADRID While many industry sectors across Arizona and the U.S. have taken devastating hits during the prolonged COVID-19 pandemic, the state’s land market and housing market have shown incredible resiliency and more impressively, growth. The 2021 Phoenix MSA population estimate is 5 million over the next two decades. A whopping 1.765 million … Read more
By Mike Sunnucks | Rose Law Group Reporter The for-rent subdivision segment continues to show strength and increasing diversity — both in terms of offerings to tenants as well as investors and industry players. That is according to Jim Belfiore, a principal with real estate research Zonda. “I would say the product is diversifying,” Belfiore … Read more
By Amber Welsch Everyone is well aware of the explosion of short-term (vacation) rentals over the last five years, and our cozy mountain town of Flagstaff has been no exception. Despite local controversy over allowing and regulating short-term rentals, Flagstaff Airbnb, VRBO and HomeAway properties have continued to expand. In fact, owners have seen consistent … Read more
By Mike Sunnucks | Rose Law Group Reporter Over the past year, 292 new home communities have sold out in the Phoenix region as high demand and low supplies continue to drive market dynamics. But limited supplies of homes for sale could take a bite out of the number of sales this year, according to … Read more
By Mike Sunnucks | Rose Law Group Reporter The Gilbert Town Council has approved a development agreement with K. Hovnanian Homes for roadway improvements at the 39-acre Santanilla community. The residential development is slated to be built on Higley Road and 164th Street/Constellation Way in Gilbert. Development plans call for 71 homes at the Santanilla development. … Read more
By Mike Sunnucks | Rose Law Group Reporter The Chandler City Council will consider rezoning 12.87 acres of undeveloped farmland for a planned single-family, for-rent subdivision. The Elux at McQueen development is proposed for the southeast corner of McQueen Road and the Loop 202 freeway. Snowdon McQueen LLC (Snowdon Partners) is proposing the development and … Read more