News items about home prices, mostly in Arizona
DenisTangneyJr / iStock.comIt isn’t just retirees who are moving to Arizona these days.The state now draws people of all ages, seeking to escape to a place known for mostly mild winters and abundant sunshine. In its 2023 migration report, Allied Van Lines found that Arizona was No. 2 in popularity for people relocating to a…
Joan Levinson of Realty One Group has a hard deadline to sell a $29 million mansion that just completed construction.She had listed the 15,378-square-foot estate in September for $27.5 million on behalf of her client, a limited partnership led by Andrew Barroway, while the residence has been under construction.Barroway — managing partner of hedge fund…
(NEXSTAR) – Shopping for a home has been an American nightmare for Generation Z in recent years, as mortgage rates and home prices skyrocketed – but in 2024 there are some cities where hope springs anew. A recent analysis by Point2Homes found that Gen Z buyers, who are more likely to have entry-level incomes and…
A custom home surrounded by a lake on three sides within the Ocotillo Golf Course Community in Chandler has sold for $2.755 million, breaking a 17-year record within the upscale community.The 6,4860-square-foot home at 3800 S. Clubhouse Drive is within the exclusive private community of Crown Point with 11 custom built homes on its own…
Arizona House Speaker Ben Toma hopes that HB 2435 will crack down on the increase in organized retail crime in Arizona.At a news conference Tuesday at the Capitol, Toma, a Republican who is sponsoring the bill, emphasized “getting tough” and holding criminals accountable.The legislation, which is headed to the House Judiciary Committee Wednesday, sets up…
[embedded content] Based on the trends we can see after the start of the year, I’ll project 2024 will see about 15% home sales growth over 2023. Home prices will be up this year by a few percentage points, also. These are very clear trends as we start the new year. 2022 started insanely strong…
Listen to this article It’s taken four decades, Saudi cows munching on alfalfa grown with Arizona water and national headlines about whether Arizona is finally drying up. But state lawmakers appear to finally be ready to update the 1980 Groundwater Act to plug the holes it left, even as Gov. Katie Hobbs considers a recommendation…
Valley developers want lawmakers to alter 43-year-old laws that restrict construction in areas without adequate water supply.In a press release, the Home Builders Association of Central Arizona is not disputing that the state Department of Water Resources concluded that areas around Buckeye and Queen Creek do not have the 100-year assured water…
In this article, we will be navigating through the housing market in the United States while covering the 25 cities where home prices are rising despite the high mortgage rates. If you wish to skip our detailed analysis, you can move directly to the 5 Cities Where Home Prices Are Rising Despite the High Mortgage…
FLAGSTAFF — While Habitat for Humanity’s second “starter home” on Butler Avenue was under construction over the past year, Sarah Andrews would often daydream about the ways she would make the space feel like home if it were ever hers.She pictured how to arrange the furniture, what to hang on the walls and ways to…