December 18, 2024 9:39 am
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Homebuilders resume fast-paced Valley land grab

(Disclosure: Rose Law Group represents Brookfield Property Group, Fulton Homes and Shea Homes.)

By Angela Gonzales | Phoenix Business Journal

Homebuilders are busy buying lots and building model homes across metro Phoenix in a sign of increasing optimism in the residential real estate sector.

R.L. Brown Housing Reports tracked 1,053 land transactions with 30,617 acres and 14,194 lots purchased in 2023 in Maricopa and Pinal counties. That’s down from 1,442 land transactions over 47,359 acres in 2022 — though the amount of lots purchased was actually up 8.5% from the13,088 lots were purchased in 2022, according to R.L. Brown Housing Reports.

Read the full subscription story from the Phoenix Business Journal.

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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.