News items about home prices, mostly in Arizona
Homeowners in several Phoenix-area neighborhoods are voicing concerns over the rapid increase in large guest houses, or “casitas,” being built on residential lots. Originally intended as modest-sized units for family use or rentals, these structures are now often larger than expected, sparking complaints about crowding, loss of privacy, and alterations to the character of single-family…
Tucked between the Sierra Nevada mountains and the Nevada border, Susanville, California, is gaining attention as one of the state’s last truly affordable towns. Once a booming lumber hub, this small town retains its charm with Victorian homes, a historic downtown, and access to outdoor recreation. With median home prices significantly lower than the California…
As mortgage rates remain elevated, more homeowners are becoming “accidental landlords” — individuals who choose to rent out their homes rather than sell them due to high loan rates deterring potential buyers. With some homeowners locked into low mortgage rates from years past, they’re reluctant to lose those favorable terms, opting instead to lease their…
Micro Housing Consultants, a Phoenix-based firm specializing in small-scale residential development, was recently honored at the 2025 Phoenix Small Business Awards. The company focuses on helping clients navigate the complexities of developing accessory dwelling units (ADUs) and tiny homes, offering architectural, zoning, and project management support. Founders Jessica Nguyen and Marco Diaz launched the business…
Homebuilders across the U.S. are increasingly turning to “land banking,” a strategy where they purchase and hold large plots of undeveloped land to secure future development opportunities. This approach allows builders to better anticipate market shifts and avoid the rising costs of last-minute land acquisition, especially as housing demand remains strong. With a limited supply…
Chantilly, a loving and spirited pit bull mix, is currently seeking her forever home through High Country Humane. This six-year-old pup has quickly become a staff favorite due to her affectionate personality and playful demeanor. Chantilly enjoys belly rubs, leisurely strolls, and playing with tennis balls. Her ideal home would be one where she’s the…
Housing inventory is rebounding across the U.S., with 78 of the top 100 largest metro areas showing year-over-year growth in active listings. According to Realtor.com, housing supply in April 2024 was up 30.4% compared to the same time last year, signaling a notable shift that may offer buyers more options and potentially slow price increases….
The UK’s inflation rate fell to 2.0% in June 2025, marking the first time it has returned to the Bank of England’s official target since July 2021. This significant milestone follows months of declining price growth, driven largely by slower increases in food and energy costs. The drop in inflation is expected to ease financial…
When it comes to real estate, the architectural style of a home can significantly impact its market value. A recent analysis by American Home Shield examined over 280,000 home sales in the U.S. to determine which styles are the most valuable on average. The study found that Mediterranean-style homes top the list, boasting an average…
Southwest Florida’s real estate market may be heading into more turbulent times, with experts warning of continued slowdowns in sales and price growth. In areas such as Naples, Lee County, and Fort Myers, elevated interest rates, high home prices, and insurance costs are deterring both buyers and investors. Recent data show increased inventory and declining…