Real Estate Archives

Newland Hires Olson As Senior VP

Bill Olson

Newland Real Estate Group has hired William “Bill” Olson as Senior Vice President and Division Manager with executive oversight of the Phoenix team, its 20,000-acre master-planned community of Estrella and recently added land to the west of the project. In this position, Olson will be responsible for overseeing all aspects of the community’s development, as… Read More →

Scottsdale Companies Form Development Company

Portrait Photography by Michael Baxter, Baxter Imaging LLC
November 7, 2013 by in Business News | Real Estate

A new full-service development company, Cypress Development Group,  was announced today as the result of a merger between Scottsdale-based developer Sterling Collection Development Group (SCDG) and luxury home builder, Luster Custom Homes. Longtime friends Nathan Day, president of SCDG, and Tanner Luster, president of Luster Custom Homes, decided to combine their companies and increase their… Read More →

Phoenix Housing Market Affected by Government Shutdown

housing.prices

The government shutdown may have dampened interest in buying Phoenix-area homes this fall. A new report from the W. P. Carey School of Business at Arizona State University shows the latest data for Maricopa and Pinal counties, as of September: * The median single-family-home price was up about 33 percent from last September, to $199,000.… Read More →

Fulton Homes helps launch ‘Character Counts’ program

integrity

Bricks and cement may create a home’s foundation, but honesty and character build a solid foundation for young adults. Tempe-based homebuilder Fulton Homes is partnering with KTAR Sports Radio 620 for the Fulton Homes Character Counts program. KTAR listeners will be encouraged to nominate a 12- to 17-year-old student athlete who has exhibited character. Beginning… Read More →

Leadership spotlight: Jim Belfiore

Belfiore

Jim Belfiore President Belfiore Real Estate Consulting belfioreconsulting.com Belfiore has 15 years experience in real estate research and analysis. During the last eight years, he and his team have helped Arizona developers, homebuilders, lenders, investors, and brokers understand buyers, macro and micro-level supply and demand conditions, and potential outcomes of community development and building strategies.… Read More →

Phoenix Physicians Buying up Raw Desert Land

arizona.desert

An apple a day may keep the doctor away, but rock bottom price deals on Arizona raw desert land sure is not. Landowners in the Phoenix Valley are seeing a trend where physicians are purchasing raw desert land as an investment. Also attractive for physicians is the fact that raw land is user-friendly, meaning there… Read More →

John Creer to lead ASU real estate activities

JohnCreer

John P. Creer was named Assistant Vice President for Real Estate Development at Arizona State University (ASU). Creer comes to ASU from Coldwell Banker Commercial in Salt Lake City, Utah, where he has worked as a commercial real estate broker since August 2011. Morgan R. Olsen, ASU’s Executive Vice President, Treasurer and Chief Financial Officer,… Read More →

Veteran receives brand-new, mortgage-free home

homebuyers - Arizona Business Magazine May/June 2012
October 29, 2013 by in Featured | Real Estate

In partnership with Operation Homefront, Meritage Homes Corporation (NYSE: MTH) is handing over keys to three new homes to deserving military heroes and their families in time for Veterans Day. Located in the Phoenix, San Antonio and Raleigh metropolitan areas, the mortgage-free, energy-efficient homes are part of Meritage’s core purpose of enriching lives by satisfying… Read More →

RE/MAX Campaign Benefits Phoenix Children’s Hospital

childrens hospital

RE/MAX Affiliates in Arizona have been supporting Phoenix Children’s Hospital for over 23 years and have raised over $2 million dollars for the hospital. Now, through the Snap. Share. Support Campaign, they have once again partnered with Phoenix Children’s to help raise even more money for their patients and families. To kick off the campaign,… Read More →

RE/MAX Campaign Benefits Phoenix Children's Hospital

childrens hospital

RE/MAX Affiliates in Arizona have been supporting Phoenix Children’s Hospital for over 23 years and have raised over $2 million dollars for the hospital. Now, through the Snap. Share. Support Campaign, they have once again partnered with Phoenix Children’s to help raise even more money for their patients and families. To kick off the campaign,… Read More →

Capstone Mortgage Launches in Phoenix

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The Arizona residential real estate market has undergone dramatic changes in the past decade, from all-time highs in 2006 to historic lows in 2011, but the market is finally coming back around. Three industry veterans recognized the improving real estate market and growing demand for mortgage loans as an opportunity and founded Capstone Mortgage to… Read More →

Phoenix-area Housing Supply Increasing

Phoenix-Area Housing Market

Over the past two years, the tight supply of homes for sale in the Phoenix area has helped to dramatically drive up prices. However, a new report from the W. P. Carey School of Business at Arizona State University shows change on the horizon. The data for Maricopa and Pinal counties, as of August, reveals:… Read More →

HomeSmart Adds Three New Executives

housing.prices

To keep up with HomeSmart International’s incredible growth across the United States, the real estate brokerage firm has recently hired three new executives—Vice President of Franchising, Vice President of Technology and Head of Accounting and Human Resources. With HomeSmart’s newest executive hires, the business is blazing a trail of success not only in Arizona, but nationwide.… Read More →

Texas homebuilder makes its East Valley debut

Gehan Bridges at Gilbert

Gehan Homes, a Dallas-based homebuilder, announced the grand opening of its third community in Arizona, Palazzo at The Bridges, in the new Bridges at Gilbert master-planned community located at the southeast corner of Higley and Queen Creek roads. Two model homes are open at 3625 E. Cassia Lane in Gilbert, where move-up homebuyers can see… Read More →

Arizona attorneys open new Phoenix firm

law

A new law firm, Bergin, Frakes, Smalley & Oberholtzer (BFSO), recently opened its offices in the heart of Phoenix’s Camelback Corridor, with a focus on real estate, litigation and government relations services. Although the law firm itself is new, BFSO’s partners are longtime Arizona lawyers and colleagues who have handled cases for a wide spectrum… Read More →

Maracay Homes Opens 14th New Community for 2013

maracay

Maracay Homes celebrates the opening of two new East Valley neighborhoods at the Bridges of Gilbert master-planned community in Gilbert this month, where all-new floor plans with thoughtfully designed features await buyers eager to purchase a home in one of metro Phoenix’s most popular residential areas. Prospective buyers are invited to virtually tour Arch Crossing… Read More →

Fulton Homes Honors Vets with ‘Fly the Flag’ Campaign

veterans
September 26, 2013 by in Events | Featured | Real Estate

Fulton Homes is showing its appreciation for America’s veterans by encouraging everyone to display the Stars and Stripes this Veteran’s Day, and at the same time benefit the Wounded Warriors Project. The Tempe-based homebuilder has partnered with 100.7 KSLX for the “Fly the Flag for Veteran’s Day” campaign. From Sept. 30 through Nov. 11, listeners… Read More →

5 Tips To Get The Best Mortgage Rate

121956596
September 19, 2013 by in Banking | Featured | Finance | Real Estate

No. 1: Establish a baseline. Call a lender and have your credit pulled. Do a full application and establish what you can and should be borrowing. No. 2: Contact a mix of financial institutions and do it all on the same day. Interest rates fluctuate constantly for a variety of reasons, including the occasional promotion… Read More →

Homebuilder donates playhouses to Phoenix Zoo charity

playhouse
September 17, 2013 by in Featured | Nonprofit | Real Estate

Brookfield Communities, a successful master-plan developer of two Arizona active adult communities and large land-holder, has teamed up with its architect partners to custom design and build two unique playhouses to help raise money for the Phoenix Zoo’s conservation initiatives and educational programs. Phil Petersen, founder and president of Brookfield Communities and also a Phoenix… Read More →

Sterling at Silverleaf Sells Out Phase 1

Architectural Photography by Michael Baxter, Baxter Imaging LLC
September 12, 2013 by in Business News | Real Estate

Sterling at Silverleaf, the luxury, custom-home community in Silverleaf featuring a collection of 16 villas designed by world-renowned architect Bing Hu, is now 100 percent sold. Developer Nathan Day of Sterling Collection Development Group has sold more than $15.5 million in real estate since the project came back from foreclosure in November 2011. Phase 2,… Read More →

Phoenix Housing Moves Toward ‘Normal’

real estate market

The Phoenix-area housing market – hit especially hard during the recession — appears to be starting its slow march back to normal. The W. P. Carey School of Business at Arizona State University reveals the latest data for Maricopa and Pinal counties, as of July: * The median single-family-home price rose again to $194,150, up… Read More →

Phoenix Housing Moves Toward 'Normal'

real estate market
September 12, 2013 by in Business News | Economy | Real Estate

The Phoenix-area housing market – hit especially hard during the recession — appears to be starting its slow march back to normal. The W. P. Carey School of Business at Arizona State University reveals the latest data for Maricopa and Pinal counties, as of July: * The median single-family-home price rose again to $194,150, up… Read More →

Down Payment Assistance Program Surpasses $100M

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The Home in Five Advantage program, a down payment assistance program designed to facilitate home ownership for low and moderate-income families, veterans and active military personnel, while also stabilizing neighborhoods that have been negatively affected by the economic downturn, recently surpassed the $100 million mark for loans to qualified homebuyers in Maricopa County. The Phoenix… Read More →

Clear Title Agency ranks on Inc. 500/5000 List

real estate market

Clear Title Agency of Arizona, a leader in commercial and residential title and escrow services, is ranked No. 988 on the seventh annual Inc. 500|5000 List, an exclusive ranking of the nation’s fastest-growing private companies. Clear Title’s 436 percent growth during the past three years helped secure the competitive ranking among an elite group of… Read More →