News items about home prices, mostly in Arizona
Firefighters from across Minnesota gathered at the State Capitol on Sunday to honor their fallen comrades during the annual Minnesota Fallen Firefighters Memorial Service. The event recognized 247 firefighters who have died in the line of duty since 1881, including Dylan Roffers, the most recent addition to the memorial wall. Roffers, who served with the…
Mattamy Homes has secured approval to develop a large-scale housing community in Buckeye, Arizona, that will eventually include more than 500,000 homes. The company plans to build the new development across approximately 37,000 acres west of Phoenix, incorporating a mix of housing types alongside public parks, trails, schools, and commercial zones. The long-term project will…
Hundreds of people who bought tickets for a Phoenix home raffle are expressing frustration after learning they will not be receiving refunds. The raffle, organized by a company called United Way Sweepstakes, promised participants the chance to win a multimillion-dollar home. However, after failing to sell the required number of tickets, the raffle was abruptly…
Arizona’s real estate market has been experiencing a resurgence, with home prices climbing steadily despite broader economic concerns. A combination of limited housing inventory and continued demand from both in-state buyers and people relocating from higher-cost regions has led to upward pressure on prices. Cities like Phoenix and Tucson are seeing notable upticks, with some…
A recent report highlights the ongoing housing affordability crisis in Arizona, where rapid population growth and limited housing supply continue to push home prices higher. The Arizona Housing Coalition found that many low- and moderate-income residents are increasingly priced out of the market, especially in areas like Maricopa County. Despite an increase in new construction…
Raffling off a house may seem like a creative solution for selling real estate, especially in a challenging market, but it’s far more complicated — and often illegal — than it appears. In many states, including California, raffling a home without complying with strict gambling and charitable solicitation laws can result in hefty fines or…
A boomer couple in their early 60s decided to break away from traditional retirement plans by selling their home in Arizona, choosing instead to rent and travel full time. Relying solely on Social Security and a modest nest egg, they found that letting go of homeownership gave them the flexibility to explore new places and…
Former President Donald Trump is reportedly considering declaring a national housing emergency if he wins a second term, responding to soaring home prices and a tight housing market that has put homeownership out of reach for many Americans. During a recent roundtable event in Florida, Trump emphasized the growing affordability crisis, noting the strain that…
Former President Donald Trump is reportedly considering declaring a national housing emergency if he returns to the White House, citing growing concerns over affordability and supply shortages across the U.S. Housing experts say such a declaration could give the president more authority to direct federal funding toward homebuilding efforts, increase incentives for private developers, and…
Former President Donald Trump is reportedly considering declaring a national housing emergency if he is re-elected in 2024, a move that could allow the federal government to take more aggressive action to address housing affordability. Though it’s unclear what such a declaration would entail legally, Trump campaign advisors have floated ideas like using federal land…