Real Estate

Existing-home sales slide

By Vincent Salandro Builder Existing-home sales—including transactions for single-family homes, townhomes, condos, and co-ops—declined by 2.5% in August to a seasonally adjusted annual rate of 3.86 million,

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Developer plans new data center region in Phoenix

By InBusiness Phoenix 5C Data Centers, a provider of state-of-the-art data center services, has announced plans to launch a new region in Phoenix, Arizona. The first facility in the region, PHX01, is scheduled to go live in 2025. Located in one of the

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Vestar partners with Waymo

(Disclosure: Rose Law Group represents Vestar.) By InBusiness Phoenix Tempe Marketplace and Vestar announce the official partnership with Waymo, the Valley’s autonomous vehicle technology company. With the determination

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Single-family starts up

By NAHB Single-family starts posted a solid gain in August on robust demand and moderating mortgage rates even as builders continue to grapple with challenges related to

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Builder sentiment rises

By NAHB With mortgage rates declining by more than one-half of a percentage point from early August through mid-September, per Freddie Mac, builder sentiment edged higher this month

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Glendale sells small parcel for development

By Richard Smith | YourValley The Glendale City Council unanimously voted Sept. 10 to sell a small leftover parcel near downtown for commercial development.  This parcel is about 2.75 acres at 4701 W. Glendale Ave., CivicGroup, doing business

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