Local News

Real estate news in Phoenix

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. 

Silver Sky Development announces plan for Paradise Valley luxury home community

Scottsdale luxury home developer Silver Sky recently announced plans for 12 estate homes alongside Mummy Mountain in Paradise Valley.

Phoenix Realtors’ year in review: Rising prices, inventory and interest rates

Maricopa County residential real estate saw higher prices and interest rates, more inventory and fewer transactions in 2022.

Arizona saw influx of new residents in 2022

Arizona had one of the highest net migrations in the country in 2022, according to a new report from North American Moving Services. 

The Lakes at Rancho El Dorado led Arizona master-planned communities in home sales last year

The Lakes at Rancho El Dorado sold more homes than any other Arizona master-planned community in 2022, according to data released by John Burns Real Estate Consulting.

Buyer concessions make a comeback in the fourth quarter

Phoenix had the biggest jump in concessions.

Newmark launches single-family rental group  

The move comes despite a slowdown in the single-family rental market. 

How to make today’s sales models work smarter and win buyers in a challenging real estate market

Whether it’s for a downtown condo high-rise or a suburban single-family or town home community, a sales model needs to do much more than simply reflect popular design trends or showcase name-brand furniture and decor.

Financial Health Index ranks Phoenix among top 25 U.S. cities

Phoenix was named a top 25 U.S. metro area on the Financial Health Index, released this month by TheCreditReview.

Michele Baker switches to Coldwell Banker’s Phoenix-Paradise Valley office

Michele Baker has joined the Phoenix-Paradise Valley office of Coldwell Banker Realty Arizona as an affiliate agent. 

‘Greenest States to Move to in 2023’ study praises Arizona for solar power efforts

Arizona is a top five state for solar power usage, according to the new Greenest States to Move to in 2023 report. 

Integrity All Stars invests in cryptocurrency real estate transactions expertise

Integrity All Stars of Berkshire Hathaway HomeServices Arizona Properties is adding cryptocurrency transactions to its toolkit. 

Tempe, Tucson ranked the best cities in Arizona for creatives

Tempe ranked No. 79 overall and Tucson was No. 88. Both led the state with eight museums apiece. 

Phoenix real estate experts offer their predictions for 2023

In our annual questionnaire, we hear from managing brokers, mortgage lenders, developers and more to get their 2023 real estate predictions.

Mortgage and lending predictions for 2023

Real estate professionals and lenders offer their predictions for the Phoenix real estate market in 2023.

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