November 17, 2024 11:02 pm
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Affordability driving home sales in West Valley, where master-planned communities prevail

 
Homestead at Marley Park

New home sales have picked up in recent months

By Angela Gonzales | Phoenix Business Journal

Of the 10 top-selling metro Phoenix master-planned communities, eight are in the West Valley, according to a new report.

Issued by Belfiore Real Estate Consulting, the KnowledgeBase Current and Future Market Insights July 2019 report found that D.R. Horton and Meritage Homes Corp. (NYSE: MTH) each maintained three of those top spots between mid-June and mid-July.

Marley Park, Meritage’s 200-acre master-planned community in Surprise, is one of those top-selling communities taking three of the 10 top-selling spots. And one of Meritage’s top executives knows exactly what’s spurring the sales: more affordable prices.

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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.