Real Estate Archives

Avilla Homes expanding to Phoenix

Medical Facilities, AZRE May/June 2008

Aerie Exceptional Rental Homes, offering a hybrid custom home living experience for discerning upscale renters, has changed its name to Avilla Homes. The name change follows extensive brand and consumer research which determined the new name better reflects the firm’s focus to build neighborhoods that cater to individuals who seek a different residential experience: private… Read More →

Phoenix Housing Market Quiets Down

housing.prices
December 12, 2013 by in Economy | Featured | Real Estate

The Phoenix-area housing market is quietly ending the year, with a drop in demand and activity. A new report from the W. P. Carey School of Business at Arizona State University provides the latest data for Maricopa and Pinal counties, as of October: * The median single-family-home price was up 27 percent, to $200,000, since… Read More →

HomeSmart International Expands Network in Arizona

87702112

This month, real estate firm HomeSmart International opened its newest franchise in Fountain Hills, Arizona, operating as HomeSmart Premier. The nationwide company based in Phoenix began franchising two and a half years ago, offering one of the most attractive business models in the real estate industry, with a focus on increasing their level of realtor… Read More →

Lewis Receives National Housing Quality Award

From left: Tom Lewis, Gary Karlowski, Terry Burns, Pat Adler, Gerad Zacchio, Sam Buchanan, all from T.W. Lewis Co.

T.W. Lewis Company Founder CEO Tom Lewis has been recognized as the first inductee into the National Housing Quality Award Hall of Fame.

Trend: Boomers Buying Real Estate to Rent

boomer

Illinois residents John and Barbara Plutshack never thought they would be part of a growing trend, but they are. The Plutshacks, who just bought a home at Dolce Vita, a 55+ active adult community in Apache Junction, are part of an increasing number of Baby Boomer couples buying homes to live in a few weeks… Read More →

ASU School of Art Relocates to Downtown Phoenix

roosevelt row arts district

Arizona State University’s Herberger Institute for Design and the Arts is relocating several of its studios and programs to the Warehouse District of Downtown Phoenix. Industrial developer Michael Levine’s building at 605 E. Grant Street will be home to 26,000 square feet of new gallery and studio space. Approximately 5,800 students comprise the fine arts… Read More →

Petersen's first job was being a rock star

Philip Petersen

First Job: Phil Petersen, founder and president, Brookfield Communities What was your first job?   As a very shy and quiet 13-year-old, one of the popular guys in eighth grade, Greg Fox, asked if I wanted to play bass guitar in an Omaha rock band that three friends were starting. That simple invitation changed my life… Read More →

Petersen’s first job was being a rock star

Philip Petersen

First Job: Phil Petersen, founder and president, Brookfield Communities What was your first job?   As a very shy and quiet 13-year-old, one of the popular guys in eighth grade, Greg Fox, asked if I wanted to play bass guitar in an Omaha rock band that three friends were starting. That simple invitation changed my life… Read More →

$27.6M of Real Estate Breaks Ground in Scottsdale

silverleaf
November 21, 2013 by in Business News | Real Estate

Cypress Development broke ground today on the second phase of Sterling at Silverleaf, bringing 12 luxury estate villas priced from $2.2 million to the private golf community of Silverleaf. The new $27.6 million second phase will be built to the same gold-level LEED certified standards as the sold-out first phase of 16 villas. Sterling at… Read More →

Sales for $800,000+ homes increase 69%

Luxury Home - AZ Business Magazine November 2008
November 18, 2013 by in Business News | Real Estate

This summary looks at single family homes over $500,000 in all areas of the Northeast Valley, including Scottsdale, Paradise Valley, Fountain Hills, Rio Verde, Arcadia, Biltmore, Cave Creek and Carefree. Supply has increased sharply over the last month. The number of active listings offered for sale as of November 1 is 2,314, up 20% from… Read More →

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 →