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Phoenix retail vacancy lowest in eight years; home furnishing store expansions signal housing market

Posted by   /  October 17, 2017  /  Real Estate News Briefs  /  No Comments

(Editor’s note: News releases are published unedited, unless they contain factual errors.)  Home Furnishing Store Expansions Signal Improvement in Housing Phoenix, October  , 2017– Greater Phoenix posted a very strong third quarter in the retail real estate sector, with highest net absorption in several years and vacancy dropping to its lowest level in nearly a […]

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Optima Kierland condominium tower more than 75% sold

Posted by   /  October 10, 2017  /  Real Estate News Briefs  /  No Comments

Optima Kierland

(Editor’s note: News releases are published unedited, unless they contain factual errors.)  PHOENIX (October 10, 2017) – For those in search of unparalleled, luxury urban living in the middle of the stunning Sonoran Desert, there’s now limited time to live at Optima Kierland’s luxury high-rise condominium tower in North Scottsdale. Optima Kierland announced that the condominiums at […]

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CoreLogic analysis shows more than 172,000 homes at risk from wildfires in Napa and Santa Rosa

Posted by   /  October 10, 2017  /  Real Estate News Briefs  /  No Comments

(Editor’s note: News releases are published unedited, unless they contain factual errors.)  According to CoreLogic® hazard risk analysis, a total of 172,117 homes with a combined reconstruction cost value (RCV) of more than $65 billion are at some level of risk from the wildfires in the Napa and Santa Rosa metropolitan areas. The analysis is […]

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CoreLogic reports serious delinquency rate for home loans holds steady at a near 10-year low

Posted by   /  October 10, 2017  /  Real Estate News Briefs  /  No Comments

(Editor’s note: News releases are published unedited, unless they contain factual errors.) Mortgage Delinquencies in Phoenix-Mesa-Scottsdale Down Year Over Year Mortgage Delinquency Rate Fell Almost 1 Percentage Point Foreclosure Rate Declined 0.2 Percentage Points Early-Stage Delinquencies Declined 0.3 Percentage Points IRVINE, Calif., October 10, 2017 – CoreLogic® (NYSE: CLGX), a leading global property information, analytics […]

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Final 21 platted and engineered lots at La Canada Ridge in Oro Valley sell for $2.3 million

Posted by   /  September 26, 2017  /  Real Estate News Briefs  /  No Comments

(Editor’s note: News releases are published unedited, unless they contain factual errors.) ORO VALLEY, ARIZONA — Insight Homes of Tucson (Mike Jones, manager) purchased the final 21-SFR lots at La Canada Ridge for $2.3 million ($107,391 per lot). The lots were platted and engineered and buyer exercised an option that began in 2015 from Sharpe & Associates […]

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Studio Ma-designed Great Hearts Academies opens to students

Posted by   /  September 12, 2017  /  Real Estate News Briefs  /  No Comments

(Editor’s note: News releases are published unedited, unless they contain factual errors.) AZRE The leading architecture, planning and design firm, Studio Ma, has announced the completion of a new $17 million campus for Great Hearts Academies in North Phoenix. Two existing academies are now located on the new campus: Archway North Phoenix and North Phoenix Preparatory, serving approximately 1,300 students since it […]

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McCarthy Building Companies updates Mingus Union High School

Posted by   /  August 10, 2017  /  Real Estate News Briefs  /  No Comments

(Editor’s note: News releases are published unedited, unless they contain factual errors.)  McCarthy Building Companies Inc.’s Education Services team is currently working on a construction renovation project at Mingus Union High School in Cottonwood. The project, located at 1801 E. Fir St. in Cottonwood, Ariz., involves the demolition of an existing, outdated building that is […]

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Phoenix Investment Real Estate Market Picks Up After Slow Start

Posted by   /  August 10, 2017  /  Real Estate News Briefs  /  No Comments

(Editor’s note: News releases are published unedited, unless they contain factual errors.) Retail Center Sales Gained Momentum in Second Quarter Phoenix, August 9, 2017–  The Greater Phoenix real estate investment market started the year slow, but reversed course during second quarter. The most recent three months posted more property sales, higher prices and compressed cap […]

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Phoenix Multifamily Market Remains Strong Despite Seasonal Uptick in Vacancy

Posted by   /  August 8, 2017  /  Real Estate News Briefs  /  No Comments

(Editor’s note: News releases are published unedited, unless they contain factual errors.) City Posting Eighth Straight Year of Market Improvement as Rents Continue to Rise Phoenix, August 7, 2017 –  Greater Phoenix continues its strong multifamily real estate performance, with the first half of 2017 posting increasing rents, strong construction and strengthening investment activity.  The […]

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7th ABA Backpack Supply Drive donates $25K of supplies to 500 underprivileged youth

Posted by   /  August 8, 2017  /  Real Estate News Briefs  /  No Comments

(Editor’s note: News releases are published unedited, unless they contain factual errors.) Aug. 8, 2017 – PHOENIX – The Arizona Builders Alliance’s (ABA) 7th annual Backpack Supply Drive recently served a total of 500 underprivileged youth with help from more than 90 ABA member companies. The ABA’s 30-membered Community Service Board led the program, which […]

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