Opportunity Index ranks Phoenix 4th among real estate markets
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…
Phoenix home values up 20% and sell in just 7 days, report reveals
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…
Hot submarkets and new ‘entry level’ prices
(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…
Market Update—And What It Means For Buyers and Sellers
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…
Top 10 master-planned communities
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…
Williams for sale: High interest, low inventory for properties in the pines
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…