November 17, 2024 11:32 am
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If houses aren’t there, build them

KS_1699_homes_06.jpgBy Kristena Hansen | Phoenix Business Journal

Metro Phoenix’s supply problem of homes for sale continued to worsen as the busy home-buying season kicked off in March — and home builders continued reaping the benefits.

The relentless supply shortage has pushed frustrated buyers to the new home market, which saw a 37 percent year-over-year jump in transactions in March to 949 Valleywide, according to the latest monthly housing report released May 3 by Arizona State University’s W.P. Carey School of Business.

Continued:

Related: Home builders rally, but trying not to overdo it

Sagewood opens $1 million luxury casitas at care campus

 

 

 

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© 2024 Rose Law Group Reporter

Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.