A new map highlights which U.S. college towns have the highest home prices, revealing that cities with prominent universities often come with costly real estate markets. According to the report, Palo Alto, California—home to Stanford University—boasts a median home price of $3.1 million, topping the list of most expensive college towns. Other pricey locations include…
U.S. retail sales rose by 0.6% in August compared to July, signaling that consumers continue to spend despite economic headwinds, such as higher prices resulting from tariffs. The increase was larger than economists had forecast, with growth seen across categories including autos, electronics, and health stores, even as some sectors experienced price hikes and hiring…
Home sales data released for the Prescott area, as reported by the Prescott Area Association of Realtors (PAAR), shows a continued cooling trend in the August 2023 market. Buyers and sellers faced a slower market, with total units sold decreasing 15% compared to last August. Median home prices also saw a slight drop, down 4%…
A luxurious mansion in the prestigious Biltmore Estates neighborhood of Phoenix has gone up for sale, listed at a staggering $20 million. The 18,000-square-foot home features six bedrooms, 12 bathrooms, a private movie theater, a wine cellar, a resort-style pool, and sweeping views of Camelback Mountain. With design touches like imported marble and custom woodwork,…
A luxurious estate in Phoenix’s prestigious Biltmore Estates neighborhood recently sold for an impressive $8.2 million, making it one of the largest residential transactions in the area this year. The 11,400-square-foot mansion sits on nearly two acres and boasts six bedrooms, eight bathrooms, an expansive pool, a tennis court, and stunning Camelback Mountain views. Built…
Lake Havasu City, Arizona, is gaining attention as a prime retirement destination, offering a winning combination of affordability, scenic beauty, and year-round sunshine. With its picturesque location along Lake Havasu and the Colorado River, retirees can enjoy stunning waterfront views, abundant recreational activities like boating and fishing, and easy access to hiking trails and golf…
Several notable real estate deals have recently closed in the Rock Hill region, highlighted by the $3 million sale of a luxury home in York County. The area also saw the transaction of a property slated to become a future museum site, reflecting the diversity and activity in the local housing and commercial markets. Both…
Toll Brothers, a leading builder of luxury homes, has announced its newest luxury home community, The Oaks at Ritz-Carlton, in Paradise Valley, Arizona. This exclusive community will feature 51 single-family homes with innovative designs, flexible floor plans, and access to high-end amenities, including pools, parks, and walking trails. The development aims to provide an exceptional…
Metro Phoenix’s luxury housing market saw impressive activity in August, highlighted by the sale of a lavish $7.4 million estate. The property, located in an upscale neighborhood, features amenities such as a resort-style pool, expansive entertaining areas, and stunning city views. In addition to this top sale, several other multimillion-dollar homes changed hands across the…
Phoenix home prices are expected to decline in the coming months, according to a recent forecast by Goldman Sachs. The financial firm predicts a roughly 3% drop in the Valley’s median home prices during the rest of 2024, citing high mortgage rates and decreased buyer activity as the main drivers. While the market has seen…