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 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 COVID-19 has had a myriad and ever-changing impacts on home builders and home buyers. One of those impacts is that the buyers who are setting up appointments are showing up at sales offices are not just window shopping. They are serious and are often ready to move … Read more
Arizona real estate sales has experience an unexpected jump in sales according to Jim Belfiore, president of Belfiore Real Estate Consulting. “It is really pervading across markets,” Belfiore said pointing to strong home sales in north and south Buckeye, Gilbert and the Queen Creek / Hunt Highway areas. “It’s really bringing out demand at all … Read more
Home builders and the real estate industry are hoping the summer looks like May and not April as they watch the rise in COVID-19 cases in Arizona and some other states. May saw a big rebound in home sales with much of the economy reopening in Arizona. That contrasts to April when COVID shutdowns slowed … Read more