Residential Real Estate Archives

Fox Creek Extends ‘Leaseback’ Option

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As construction officially commences at The Ridge, Brookfield Communities’ newest neighborhood at its Fox Creek development along the Colorado River in Bullhead City, a few select homebuyers will be able to participate in a unique “leaseback” program. Here’s how it works: Brookfield sells a home to an individual buyer who agrees to leaseback the home… Read More →

Meritage Names Thrower South Region President

Meritage Homes

Meritage Homes Corporation, a leading U.S. homebuilder, announced today that the company has created a new South Region to be based in Atlanta. Initially, the region will include Meritage’s recently acquired operations in Nashville, Tennessee, and the Atlanta and Greenville-Spartanburg markets to be added with the acquisition of Legendary Communities that was announced earlier this… Read More →

Meritage Homes to Acquire Legendary Communities

Meritage Homes

Meritage Homes Corporation, a leading U.S. homebuilder, announced its definitive agreement to acquire the homebuilding assets and operations of Atlanta-based Legendary Communities for a purchase price of approximately $130 million. Legendary is one of the largest privately-held homebuilders operating along the I-85 corridor of the Southeastern U.S. with a significant presence in the Atlanta and… Read More →

Phoenix Housing Shortage Coming?

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The Phoenix area could soon see another shortage of homes for sale, like the one it endured from 2012 to 2013. According to a new report from the W. P. Carey School of Business at Arizona State University, very weak demand is masking the fact that relatively few homes are coming onto the market for… Read More →

Maracay Homes joins TRI Pointe in blockbuster deal

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Phoenix-based Maracay Homes announced that it has combined with TRI Pointe Homes, Inc. (NYSE: TPH) (“TRI Pointe”) as part of the merger between TRI Pointe and Weyerhaeuser Real Estate Company (“WRECO”), which counts Maracay Homes in its family of builders. The transaction, one of the largest in homebuilding history, is valued at approximately $2.8 billion.… Read More →

Protect mortgage credit information from cyber threats

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Hardly a day goes by without the revelation of another information security breach leaving thousands of consumers’ private information exposed to hackers and for sale to the highest bidders. Major retailers, financial institutions and educational institutions continue to be favorite targets of cyber criminals. As was seen in the recent breech with mega-retailer Target Corporation,… Read More →

Mortgage lenders prepare for impact of Dodd-Frank Act

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Stan Feffer is president and chief operating officer of Grand Canyon Title Agency, Inc. – a Phoenix-based firm with 18 offices located throughout Maricopa County. When Feffer is not leading Grand Canyon’s 120 employees, he prefers to navigate the cool waters off the coast of San Diego on his surf board. Patiently waiting for the… Read More →

Big Increases Unlikely for Phoenix Housing Market

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The Phoenix-area housing market has officially rebounded from artificially low recession levels, and we’re unlikely to see any more big price increases this year. That’s according to a new report from the W. P. Carey School of Business at Arizona State University. Here are the latest details about Maricopa and Pinal counties, as of April:… Read More →

Gilbert among best cities for families

downtown Gilbert AZ

With Father’s Day coming up on Sunday and the school year making way to free time with family, the personal finance social network WalletHub today followed up on its analysis of the Best & Worst Places to Staycation in 2014 with an in-depth look at the Best & Worst Cities for Families. WalletHub compared each… Read More →

Camelot Homes Earns Industry Awards

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Camelot Homes, an Arizona-based home developer, has recently received several awards for excellence, while securing a nomination for an additional prestigious national award. Camelot Homes received the coveted 2014 Small Volume Builder of the Year Award presented at the Home Builders Association of Central Arizona’s 29th Annual Major Achievements in Merchandising Excellence (MAME) Awards, and… Read More →

2014 AREA Award winners announced

Az Business Magazine editor Michael Gossie presenting the 2014 AREA Lifetime Achievement award to Sandra Wilken.

The Arizona Real Estate Achievement Awards, AREA Awards, are Arizona’s most prestigious residential real estate awards. Arizona’s best and brightest real estate companies, real estate agents and residential communities are honored by the AREA Awards presented by AZ Business Magazine. All award winners and honorable mentions are featured within a special awards section of AZ… Read More →

What Comes Next for housing market?

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The Phoenix-area housing market is experiencing a normal seasonal spring bounce in activity and prices, but what will happen next? A new report from the W. P. Carey School of Business at Arizona State University talks about the waves of consumers that will likely start returning to the housing market next year, for the first… Read More →

T.W. Lewis Company Hires Ashley Hale

Ashley Hale

T.W. Lewis Company has added another strategic hire to its roster: Ashley Hale. Hale joins T.W. Lewis Company as the senior accountant. She assists with preparation of the Annual Business Plan and Mid-Year Review. Additionally, she manages accounts payable, payroll, sales tax accounting, coordinating the employee benefit program, bank reconciliations, and maintaining all accounting files.… Read More →

Eastmark to celebrate new community event pavilion

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Eastmark, DMB Associates’ new community in Mesa, is celebrating the opening of its event pavilion in The Eastmark Great Park™ with an all-day free, public music concert featuring four of the East Valley’s favorite bands, local school bands and food trucks during the “Party at the Pavilion” on May 3. Guests are invited to bring… Read More →