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…
Springs at Deer Valley Opens in Time for Summer Move-Ins
By Jenna-Lee NeffImages Courtesy of Springs at Deer Valley Springs at Deer Valley, a new luxury apartment community developed by Continental Properties and built in partnership with McShane Construction Company, recently opened for May and June move-ins. On North 23rd Avenue near Pinnacle Peak Road, the 296-unit development sits on 17 acres of land and…
33 lots in North Phoenix sell for more than $5M
REAL ESTATE | AZRE Taylor Morrison, the nation’s fifth largest homebuilder and developer based in Scottsdale, bought 17 lots in North Phoenix for $2,858,095, according to the commercial real estate tracking website Vizzda. The cost of the land, located at the northeast corner of Cave Creek Road and Deer Valley Drive in Phoenix, breaks down to $168,123.24 per lot….
Best Arizona real estate markets in 2021
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%…