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
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
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
Austin Counts, Inside Tucson Business Jan 29, 2021 With the uncertainty of 2020 in the proverbial rearview, many business owners and entrepreneurs are reassessing their commercial real estate needs as more employees work from home and more consumers are staying in their vehicles. Melissa Lal, president of Larsen Baker, LLC, said she expects many changes … Read more
By InMaricopa -Jan 28, 2021 The Maricopa real estate market strongly favored sellers for much of the year. And though 2020 will be forever ingrained in our minds for the coronavirus and crazy elections, we can now add huge home value gains. The end of 2019 was classified as a “slight” seller’s market, but by the middle … Read more
AZ BUSINESS MAGAZINE Fulton Homes, Arizona’s largest family-owned and -operated homebuilder, saw a 62 percent increase in housing starts in 2020 compared with 2019. In 2020, Fulton Homes started construction on 1,121 homes, compared with 692 home starts in 2019. Additionally, the Tempe-based homebuilder sold a total of 1,272 homes in 2020, a 44 percent … Read more
Strong new housing activity expected to continue into 2021 Gabriela Rico The 2020 housing market was the best the Old Pueblo has seen in more than a decade. With interest rates at historic lows and homes taking on new meaning — becoming offices and classrooms during the COVID-19 pandemic — 4,336 new home permits were … Read more
REAL ESTATE | RENT.COM Arizona also home to two popular universities, multiple national parks (ever heard of the Grand Canyon?) and thriving cities with plenty of opportunities. And did we mention the weather? That hot desert climate means plenty of sunshine and shorts all year-round. With so much to offer, the cheapest places to live in Arizona consist of … Read more
REAL ESTATE Housing markets weathered a challenging 2020 with a strong second half. But will the positive trends hold? Here are the five biggest questions for real estate, and who should care most, looking ahead to 2021. As the saying goes, hindsight is 20-20. But this year most Americans will be pleased to literally put … Read more
by FBN on January 7, 2021 in Business Staying strong since last June, the housing market on the local, state and national level has risen to a 14-year high, despite the pandemic, economic uncertainty and a difficult presidential election. Even during historically slow periods, like the holiday season, homebuyers are quickly purchasing the few homes listed for sale. The shortage … Read more