Local News

Real estate news in Atlanta

Realtor.com: Week of April 23 is best time to list in Phoenix

Nationally, the week of April 16-22 is likely to provide sellers with the most favorable conditions for a successful sale of any week of the year, although the exact timing varies widely by market. 

Lessen names new president and CSO: Joshua Swift and Michael Krumwiede

As president, Swift will strategize growth for Lessen’s residential services while Krumwiede, as CSO, will lead scalable business plans and oversee expansion opportunities, as well as capital markets activities.

Arizona REALTORS®’ Step Up 2023 Conference coming up soon

Arizona Realtors from all over the state are invited to learn, connect and strategize at the event, which is themed “stepping up” to help create a better business for all.

Andrea Crouch named Phoenix REALTOR® of The Year

Phoenix REALTORS® named Andrea Crouch their 2022 REALTOR® of The Year. Crouch served as the president of the board of directors last year.

Hamilton Zanze rebrands Ironwood at Happy Valley apartments

“We believe Ironwood at Happy Valley will be an asset to the local community for years to come,” said Hamilton Zanze Chief Investment Officer, David Nelson.

Evictions surpass pre-pandemic levels in Phoenix

More Phoenix renters were evicted from their homes in 2022 than in any year in the past decade.

High mortgage rates make million-dollar homes less common

As rising mortgage rates cool the market, the share of U.S. homes worth at least $1 million has fallen from an all-time high last year.

Report: Average home changes hands every 12 years

People staying in their homes longer is contributing to the lack of inventory that continues to impact buyers.

Scottsdale named one of the top coworking suburbs in America

Thirty-seven communities across the country made CoworkingCafe’s list of top coworking suburbs, including one in Arizona.

Home appreciation drives significant wealth gains in Phoenix

Homeowners in Phoenix have seen huge increases in home values over the past five years, leading to metro-wide gains in wealth.

Pace of annual home-price gains slows in latest Case-Shiller; Phoenix sees 2.9% increase 

The S&P CoreLogic Case-Shiller U.S. National Home Price Index rose 5.8% year-over-year in December, compared to a 7.6% gain in November.

Susan Nicolson appointed Arizona Real Estate Commissioner

Phoenix real estate veteran Susan Nicolson was appointed commissioner of the Arizona Department of Real Estate.

As spring market approaches, Phoenix buyers are getting more for their money

With the spring housing market just around the corner, homebuyers are getting more for their money as their mortgage payments are stretching further than they have in recent months.

Phoenix rents up 7% as half of country sees double-digit increases

Rents continue to be an attractive option for potential homebuyers holding off until mortgage rates fall and for those not quite ready to buy.

Value of Phoenix multifamily housing starts up 16% in 2022

The amount of money spent on new construction of multifamily housing has increased year-over-year in Phoenix, according to Dodge Construction Network.

Phoenix’s downtown living experience rated top 10 in the country

Phoenix was rated No. 10 overall and cited for its access to theaters and fitness centers and apartment availability. 

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