Phoenix mortgage costs skyrocket 20% already this year
Home shoppers are facing a one-two punch this spring: Quickly rising mortgage rates are compounding affordability challenges that have been brought on by record home value growth. The cost of…
Home shoppers are facing a one-two punch this spring: Quickly rising mortgage rates are compounding affordability challenges that have been brought on by record home value growth. The cost of…
Despite it all, home prices just keep skyrocketing. In the largest, most desirable U.S. cities, the number of homes worth more than $1 million has exploded, nearly doubling compared to pre-pandemic…
Liv Communities, a Michigan-based developer of numerous amenity-rich multifamily and senior living projects in the Valley, and The Rockefeller Group, a U.S. real estate developer, owner and operator, recently broke…
Decron Properties has acquired Tamarron Apartments, a 328-unit garden-style multifamily community in Phoenix, for $128 million. Tamarron, which comes on the heels of Decron’s recent $107.5 million purchase of Ascent…
Integrity Capital LLC announced today that it helped Power Commerce Park LLC obtain a $27.3 million construction loan for the construction of a new industrial park in Gilbert. The 14…
Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the $201.75 million portfolio sale of three multifamily properties in the Southwest. This portfolio includes The Villages at…
The Paradise Valley area is in such high demand currently that realtors, like Scott Grigg of The Grigg’s Group, are not even using the MLS to close sales. Such was…
The real estate market in Phoenix has been booming for years—perpetuating a sellers’ market. For sellers looking to optimize this already lucrative business venture, now is the best time of…
Finding good contractors and a steady stream of supplies is still a challenge for contractors across the Valley. Supply chain and labors shortages will continue to be an issue for…
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Sonoma Village, a 96-unit multifamily property…
ATTOM, a leading curator of real estate data nationwide for land and property data, released its first-quarter 2022 U.S. Home Affordability Report, showing that median-priced single-family homes are less affordable in the…
Do you know precisely what Italy’s housing market will look like in 2022? Research reveals the industry to be somewhat steady despite the recession the novel coronavirus pandemic induced in…