Real Estate Archives

HUD Supports Native American housing in Arizona

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June 13, 2013 by in Business News | Real Estate

The U.S. Department of Housing and Urban Development today awarded $563 million to 353 American Indian and Alaskan Native entities that represent 539 tribes across the U.S.  HUD awarded 16 Arizona Native American communities $127.5 million provided through the Indian Housing Block Grant (IHBG) Program.  These funds are distributed annually to eligible Indian tribes or… Read More →

No Housing Bubble for the Phoenix Area?

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Despite dramatic home-price boosts, don’t expect another housing bubble anytime soon in the Phoenix area. A new report from the W. P. Carey School of Business at Arizona State University breaks down what’s happening in the Maricopa and Pinal County housing market, as of April: * The median single-family home price climbed again to $181,399,… Read More →

Phoenix among top markets in Price Performance

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Homes.com, a leading online real estate destination and complete lifestyle resource, released the Homes.com Local Market Index, a new summary of price performance on repeat sales properties in the U.S. Utilizing home pricing data for the period ending March 2013, the index showed 96 out of 100 markets for single-family properties advancing on a monthly… Read More →

HomeSmart International Expands Network into Texas

Matt.Widdows

Real estate firm HomeSmart International continues its nationwide growth with the opening of its newest franchise in Cedar Hill, Texas. Based in Phoenix, HomeSmart began franchising two years ago, offering one of the most attractive business models in the real estate industry. HomeSmart CEO and President Chuck Lemire believes this new partnership will continue the… Read More →

Eastmark Grand Opening on June 1

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The first new large-scale integrated community to launch in the Phoenix area in 10 years will hold a grand opening event from 10 a.m. to 5 p.m. on Saturday, June 1 to showcase its first phase of residential homes and the first phase of the Eastmark Great Park. Eastmark, located in the heart of the… Read More →

Phoenix leads nation in home price increase

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U.S. home prices jumped 10.9 percent in March compared with a year ago, the most since April 2006. A growing number of buyers are bidding on a tight supply of homes, driving prices higher and helping the housing market recover. The Standard & Poor’s/Case-Shiller home price index released Tuesday also showed that all 20 cities… Read More →

Maloney-Langmade becomes leader of men

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There are not many people in the world who can say they are a licensed plumber, have an MBA in International Management from the Thunderbird School of Global Management, and are a mother to three daughters, ages 7, 11 and 12. Kathryn “Kitty” Maloney-Langmade can make those claims. The president of W.J. Maloney Plumbing, Heating… Read More →

Tempe lands state’s largest office development deal

Tempe Town Lake July 4th Festival

The City of Tempe announced today that Ryan Companies US, Inc. and Sunbelt Holdings will develop a site owned by Arizona State University adjacent to Tempe Town Lake, subject to City Council approval of development agreement details in the coming month. State Farm will lease office space and anchor the multi-use development. “We are thrilled… Read More →

Tempe lands state's largest office development deal

Tempe Town Lake July 4th Festival

The City of Tempe announced today that Ryan Companies US, Inc. and Sunbelt Holdings will develop a site owned by Arizona State University adjacent to Tempe Town Lake, subject to City Council approval of development agreement details in the coming month. State Farm will lease office space and anchor the multi-use development. “We are thrilled… Read More →

Clear Title Agency of Arizona Hires Pearson

Scott Pearson

Clear Title Agency of Arizona, has added another strategic hire to its roster: Scott Pearson.  Pearson joins Clear Title as the chief title officer for the commercial escrow division. The company, which recently celebrated its five-year anniversary, has experienced 200-percent compounded annual growth for the past several years.  It is the fastest-growing title and escrow… Read More →

Rebound for Arizona and U.S. Slows Down

Arizona Is Losing Economic Grounds To Other Southwestern States, 2008

Jobs, home prices and population growth are all slowly rebounding in Arizona. However, experts from the W. P. Carey School of Business at Arizona State University say we still have a long way to go, and the automatic federal budget cuts known as the sequester aren’t helping our momentum. The experts delivered their forecasts today… Read More →

Luxury market sees 54% drop in short sales

Luxury Home - AZ Business Magazine November 2008

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 The supply of active listings offered for sale as of May 1 is 2,222 down 2% from last month and comprising 2,122 normal (down… Read More →

Maracay Invests $4M in Arizona Living Collection

maracay
May 13, 2013 by in Featured | Real Estate

Maracay Homes unveiled a new generation of home designs comprised of forty-six entirely new plans organized into eight separate series as part of their New Arizona Living Collection.  A result of over $4 million in investment and more than two years of research and market observation, the new designs address the unique needs, preferences and… Read More →

Phoenix-area Housing Prices Keep Soaring

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Home prices continue their upward climb in the Phoenix area, with more momentum expected until at least June. A new report from the W. P. Carey School of Business at Arizona State University reveals the latest information about the Maricopa and Pinal County housing market, as of March: The median single-family home price was all… Read More →

Shea Homes reports steady sales for Q1

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Shea Homes saw its sales hold steady through the first quarter of 2013, with its West Valley communities seeing higher than normal sales. Close to two thirds of the sales for Q1 came from Shea’s West Valley communities in Peoria, Buckeye, and Litchfield Park, which is a turn from the boom of its East Valley… Read More →

Scottsdale Brokerage Nearly Doubles in Size in 4 Weeks

home.prices
April 30, 2013 by in Business News | Real Estate

After making its debut last month, Engel & Völkers Scottsdale, Sandra Wilken Partners has nearly doubled the size of the firm in a matter of four weeks, attracting an additional 12 sales advisors to join the existing team of 17. Interest from local Realtors and brokers began to flood in after luxury real estate veteran… Read More →

Alliance Residential Promotes 2 Key Leaders

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April 28, 2013 by in Business News | Real Estate

AllianceResidential announced the promotions of Tina Makssour-Mortera to senior vice president of performance and Alexis Vance to vice president of marketing. Based in the Phoenix corporate headquarters, both Mortera and Vance oversee a variety of operational efforts for the Alliance portfolio, which covers 24 major metropolitan markets and approximately 63,000 multifamily units. In her role… Read More →

HomeSmart International Continues Market Share Growth

Matt.Widdows
April 19, 2013 by in Business News | Real Estate

Real estate firm HomeSmart International recently opened its newest franchise in Seattle, Washington. The nationwide company based in Phoenix, Arizona began franchising in 2011, offering one of the most attractive business models in the real estate industry. HomeSmart provides their Franchise Partners with specific systems and technology that create efficiency in operations and keep costs… Read More →

Texas homebuilder Gehan enters Arizona market

Gehan Homes in AZ - rendering hi res.
April 17, 2013 by in Business News | Real Estate

Gehan Homes, a Dallas-based homebuilder, announced the grand opening of its first community in Arizona, Hacienda at Greer Ranch in Surprise. One of the top 30 builders in the U.S., Gehan Homes is introducing a new series of homes targeted to the move-up homebuyer. A model home is now open at 11520 N. 156 Lane… Read More →

Realty Executives Phoenix launches new site

Housing Development
April 11, 2013 by in Business News | Real Estate | Tech

Realty Executives Phoenix, one of the largest and most productive real estate brokerages in the nation, announced the launch of a new consumer-focused website at www.RealtyExecutivesPhoenix.com. The web launch marks a unique presence for the brokerage, unlike any other in the company’s nearly 50 year history. Concurrent to the web launch of the Phoenix-based brokerage,… Read More →

Taylor Morrison debuts as publicly traded company

Sheryl Palmer

Shares of Taylor Morrison Home Corp. are rising in its debut as a publicly traded company. The homebuilder’s entry on the New York Stock Exchange comes on the same day that another homebuilder filed for an initial public offering, further proof that companies are riding the continued housing recovery back to the public markets. Taylor… Read More →

Wells Fargo hosts Home Preservation Workshop

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Wells Fargo & Company is hosting a free Home Preservation Workshop in Phoenix for Wells Fargo Home Mortgage, Wells Fargo Financial, and Wells Fargo Home Equity customers facing financial hardships. Wells Fargo has invited more than 2,600 mortgage customers in the Phoenix area to the free workshop which will be held on Tuesday, April 23… Read More →

Prices Up, Foreclosures Down, Investors Losing Interest

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Phoenix-area home prices are back on their way up again, after a short drop in January. The latest housing report from the W. P. Carey School of Business at Arizona State University shows soaring prices, dropping foreclosures and waning interest from investors looking at Maricopa and Pinal counties, as of February. * The median single-family… Read More →

Wilken teams with Engel & Völkers

Newport Beach
March 27, 2013 by in Business News | Real Estate

Engel & Völkers announced the opening of its first Scottsdale shop and entrance into the Arizona real estate market, breaking new ground as the luxury brand continues to expand throughout the U.S. and around the world. Sandra Wilken, of Sandra Wilken Luxury Properties, has become the first Engel & Völkers license partner  in Arizona, converting… Read More →