A record number of applicants applied for the 2020 NAIOP Arizona Developing Leaders Mentor Program, known as the Young Professionals Group (YPG). Twenty-six protégés, or young professionals, who come from all…
Apartment rents witnessed the slowest annual rise in 17 months – a 3% increase in one year, reaching $1,474, according to a report from RENTCafé. The national average rent ended…
The theme of the 13th Annual IREM-CCIM Economic Forecast was “The Real Scoop.” Judging by the comments of economists and industry panelists, the message that resonated was “Phoenix and Arizona…
Owning residential rental property is one of the best ways to build wealth and achieve income diversification. But if you’re serious about rental property investing, you need to do everything…
The median home prices for condos and single-family homes in the U.S. rose from $250,000 to $266,000 between 2018 and 2019. Buying a home is one of the most significant…
According to RE/MAX‘s December 2019 report, December posted a record finish to a year and a decade, with a year-over-year increase in home sales of 13.5% in the 54 metro…
2019 was another banner year for the Phoenix office market. By any measure, the sector is thriving and performing at the highest levels, with record-breaking stats across the board to…
Landsea Homes, a leading homebuilder and developer of vibrant master-planned communities in prime locations, announced it has acquired Garrett Walker Homes, a Phoenix-based homebuilder providing unique, high-quality, value-based single-family homes…
After the U.S. apartment stock grew more than 2 million units during the past decade, the volume of annual completions will climb further as the 2020s begin, according to real…
U.S. home-sale prices increased 6.9% year over year in December to a median of $312,500, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. Home prices were also up…
The Phoenix industrial market finished another strong year, with vacancy rates hovering around the record low and asking rental rates escalating to a record high, according to a report from…
Newmark Knight Frank (NKF) has announced the sale of Aragon Holdings, LLC’s national portfolio of apartment properties to Harbor Group International (HGI), a global real estate investment and management firm,…
