NAR, realtor.com Report Housing Supply and Affordability are at odds in Markets Across U.S.
(Editor’s note: News releases are published unedited, unless they contain factual errors.) WASHINGTON (April 18, 2018) – At the national level, housing affordability is down from a year ago and fewer households can afford the active inventory of homes currently for sale on the market based on their income. That is according to joint research […]
Read More →Skanska engaged in Phase One of EdgeCore Mesa construction
(Editor’s note: News releases are published unedited, unless they contain factual errors.) PHOENIX – Skanska, one of the world’s leading construction and development firms, has commenced work on EdgeCore Mesa’s facility located at 3856 S. Everton Terrace Mesa, Ariz. 85212. Phase one, a $22 million construction project, consists of development of a 25-acre site into […]
Read More →Lennar to Sunset Farms
(Editor’s note: News releases are published unedited, unless they contain factual errors.) Lennar Homes purchases final platted & engineered lots at Sunset Farms 99th Avenue and Broadway, Phoenix Arizona $4,248,000 PHOENIX-Lennar Arizona, Inc., Gilbert, AZ paid +/- $4.248 million cash to acquire a portion of Sunset Farms, a planned community in west Phoenix. Included in the sale […]
Read More →Estrella Bolsters Home Builder Portfolio With Courtland Communities Debut
(Editor’s note: News releases are published unedited, unless they contain factual errors.) Goodyear, Ariz. (March 1, 2018) – Arizona-based Courtland Communities has joined Estrella as the Goodyear development’s newest home builder. Its “Valencia” neighborhood will have 70 available home sites and six distinct floor plans ranging from 2,802 to 3,492 square feet. Five of the […]
Read More →Rosewood Homes earns 6-Awards at 22nd Annual Elliant Homebuyers Choice Awards
(Editor’s note: News releases are published unedited, unless they contain factual errors.) On Tuesday February 20th, Scottsdale-based Rosewood Homes earned an impressive 6-Eliant Awards at the 22nd annual Eliant Homebuyers’ Choice Awards ceremony held in Orange County California. The winning builders were chosen based on the results of more than 106,000 surveys administered to recent […]
Read More →Multifamily Rental Rates on the Rise in Greater Phoenix
(Editor’s note: News releases are published unedited, unless they contain factual errors.) Demand for Apartments Keeping Pace with New Construction Phoenix, February 26, 2018 – Rental rates are on the rise in the Greater Phoenix multifamily market, according to a report released by Colliers International in Greater Phoenix. Rates ticked higher as demand for apartments […]
Read More →Fourth quarter existing home prices up 5.3 percent; nearly two-thirds of markets at all-time high
(Editor’s note: News releases are published unedited, unless they contain factual errors.) WASHINGTON (February 13, 2018) – An uptick in existing-home sales in the final three months of 2017 pulled down housing inventory to an all-time low and kept home-price growth at its recent robust pace, according to the latest quarterly report by the National […]
Read More →Trophy High Rise in Phoenix’s Central Corridor Sells for $80.7 Million
(Editor’s note: News releases are published unedited, unless they contain factual errors.) PHOENIX – January 31, 2018 – CBRE has arranged the sale of BMO Tower at Central Arts Plaza, a 485,687-square-foot, 24-story Class A high-rise office building in Phoenix. The owners, a joint venture between California-based McCarthy Cook & Co. and New York-based Morgan […]
Read More →William Ryan Homes opens sixth neighborhood In Goodyear’s Estrella By Newland Communities
(Editor’s note: News releases are published unedited, unless they contain factual errors.) GOODYEAR, Ariz. (January 30, 2018) – The opening of “Cordoba at Montecito in Estrella” marks the sixth neighborhood by William Ryan Homes in the Goodyear master-planned community. The award-winning new homebuilder has constructed more than 250 homes in Estrella since 2007, and at […]
Read More →Greater Phoenix industrial vacancy drops to lowest level in 10 years
(Editor’s note: News releases are published unedited, unless they contain factual errors.) Large Tenants Push 2017 Net Absorption to Decade High Leve Phoenix, January 23, 2018– The Greater Phoenix industrial real estate market posted a strong fourth quarter finish to 2017, which was one of the city’s historically best years. Net absorption was the strongest […]
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