New-home sales Archives

Shea Homes reports increase in new home sales


New home sales are on the rise. During the first three months of this year, Shea Homes reports sales of 151 new homes, compared with 58 new homes sold during the same time period last year, a 160 percent increase. “We’re extremely pleased with the surge in new home sales,” said Ken Peterson, VP of… Read More →

Fulton ‘Legacy’ at $15M before opening

Freeman Farms

While news headlines in August continue to declare sluggish new home sales figures in the Metro Phoenix market, one new Fulton Homes’ community in Gilbert is experiencing just the opposite. As of Aug. 25, the Tempe-based homebuilder has sold 20 homes and has hit $15 million in sales at its Legacy at Freeman Farms community—and… Read More →

Phoenix-area Home Prices Rising Again


After several months of hovering in the same tight range, Phoenix-area home prices are on the rise again. A new report from the W. P. Carey School of Business at Arizona State University reveals the numbers for Maricopa and Pinal counties, as of October: After staying between $149,000 and $150,000 for four months in a… Read More →