Above: Phoenix cityscape in downtown at sunset. Real Estate | 1 hour ago | AZRE According to The Newmark Opportunity Index: Identifying Commercial Real Estate Opportunities and Challenges in Major U.S. Markets, a new white paper released recently by Newmark, Phoenix is one of the five hottest national real estate markets. The index assesses and … Read more
REAL ESTATE | 2 hours ago | HOME & DESIGN Seemingly endless demand and low supply have driven record-breaking home value appreciation over the past year, Zillow’s latest Market Report shows. April pushed the envelope even further: Annual home values for a typical U.S. home have grown 11.6%, the highest seen since 2005. Key stats for the Phoenix metro … Read more
(Disclosure: Rose Law Group represents Richmond American Homes.) By Mike Sunnucks | Rose Law Group Reporter Home prices in the Phoenix metropolitan area continue to increase with last year’s strong demand continuing into 2021. “Prices are just going through the roof,” said Steven Hensley, advisory manager for real estate research firm Zonda. Hensley points to … Read more
By Frank May, RealtorWow! The market is continuing to surge. There is no bubble in the near future. We have unprecedented lows in inventory. Is there an end in sight? I don’t know. I have a hard time imagining the home prices going up more, but every week, there has been an increase in price … Read more
RANKING ARIZONA | 2 hours ago | RANKING ARIZONA Here are the Top 10 master-planned communities in Arizona, based on public voting for the 2021 edition of Ranking Arizona, the state’s biggest and most comprehensive business opinion poll. Ranking Arizona is based purely on opinion and ranks companies based on how voters answer this simple question: with … Read more
WILLIAMS, Ariz. — When coronavirus arrived in the U.S. in early 2020, it threw the housing market a curveball. Many people thought the housing market would crash, but after a slight slump in March, realtors in Williams and other parts of the country reported a strong demand for homes — so strong that realtors were … Read more
The real estate market in the US was challenging in 2020. We witnessed unexpected events such as the global pandemic and the stormy presidential election. These things brought about a period in which we weren’t sure what would happen with economics. However, things are looking different this year. Researches show that we’ll see an 8% … Read more
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
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
Austin Counts, Inside Tucson Business Three of Pima County’s commercial real estate leaders see great opportunities in the new year for companies looking to reassess their office or retail space needs while commercial property owners may want to consider selling as out-of-state buyers are lining up. Melissa Lal, president of Larsen Baker, LLC, said she … Read more