Local News

Real estate news in Phoenix

Phoenix listings rise, giving homebuyers more options as summer ends

A rise in new listings is finally giving potential homebuyers options as the summer market winds down.

Portico surpasses 70% sold

Portico won the Phoenix Agents’ Choice Award for Multifamily Project of the Year in 2023.

Build-to-rent community coming to Glendale

Located at 5023 W. Peoria Ave., the cottage-style community will consist of 197 units ranging in size from one- to three-bedrooms.

The evolution of new apartment construction in Phoenix

The Phoenix metro area ranked No. 12 in the country for new construction during the pandemic era, adding 28,039 units to the rental market.

Case-Shiller: Home-price index just 0.02% off 2022 peak; Phoenix sees 7.5% drop

A fifth consecutive month of increases in the S&P CoreLogic Case-Shiller U.S. National Home Price Index suggests the housing market recovery that began earlier this year is likely to continue. 

Arizona cities rank among 2023’s best real estate markets

Gilbert ranked as the No. 10 real estate market in the country.

Berkshire Hathaway partners with The Sunshine Kids for charity golf tournament

One-hundred percent of tournament proceeds will go to The Sunshine Kids, which offers no-cost, year-round programs to childhood cancer victims in North America.

Camelot Homes kicks off Brunch & Browse series

Camelot’s Brunch & Browse sessions will be held on Saturday, Sep. 9 and Saturday, Oct. 14 from 10 a.m. to 2 p.m.

Arizona REALTORS® supports Arizona Housing Fund

Arizona REALTORS® has donated over $57,000 to AZHF since its inception, including $15,000 scheduled for the fourth quarter of 2023.

The Brokery co-founder honored on Phoenix Business Journal’s 40 Under 40

Tucker Blalock, co-founder of The Brokery, was selected as a member of Phoenix Business Journal’s 40 Under 40 Class of 2023.

Arizona REALTORS® partners with DirectOffer

Through this agreement, Arizona REALTORS® members have discounted access to DirectOffer’s AudioTours™ technology, which turns standard listing photos into custom home tours.

Phoenix home values reach new peak as inventory drought intensifies

As more owners continue to hang onto their houses, home values locally and across the nation have reached a new peak, but it comes at a cost.

Phoenix’s share of luxury listings ranks in the top 15

Point2 compared the share of luxury listings across the 30 largest U.S. cities — and Phoenix is among the top 15.

Arizona more expensive than most states for price per square foot

Arizona had an average price per square foot of $252. 

Lisa Paffrath appointed treasurer of Arizona REALTORS®

Paffrath is replacing Mandy Neat, who stepped down from the position after accepting a position with the Deputy Commissioner of the Arizona Department of Real Estate.

Camelot Homes partners with The Brokery

Phoenix-area firm The Brokery will exclusively handle the sales for two Phoenix-area communities from Camelot Homes.

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