A 16.02-acre lot within the exclusive Horseshoe Canyon at Silverleaf sold for a record-breaking $7 million.The sale of that lot at 10640 E. Diamond Rim Drive represents a record price for land within Silverleaf, said Lisa Westcott, associate broker and partner at Retsy | Forbes Global Properties.Westcott, who represented the seller, said she had the…
Last year, Arizona nearly legalized one of its most beloved illicit markets: the sale of homemade tamales. House Bill 2509, which would’ve legalized the sale of “potentially hazardous” homemade goods containing perishable ingredients, passed both chambers of the Arizona Legislature with overwhelming bipartisan support—but in a controversial move, Democratic Gov. Katie Hobbs vetoed it.This year,…
What was built as a luxury townhome development with a zen garden, fitness center and lap pool became a sober living compound and a menace to the neighbors. Then, last week, police and social workers converged to help clear it out.Almost three dozen people were kicked out in informal evictions on Jan. 9 from the…
Dallas-based TriColor Auto Group, an online auto sales and financing company, is planning to open a third facility in metro Phoenix and create 500 new jobs as it ramps up operations.TriColor Auto will fully occupy a new 258,000-square-foot warehouse in Surprise at the northwest corner of Cactus Road and Summit Way — within the city’s…
As lawsuits over real estate commissions mount, many homebuyers and sellers are trying to figure out how much they need to pay their real estate agents.The National Association of Realtors lost a Missouri lawsuit in November that argued its practices led to inflating real estate commissions. A jury awarded homebuyers covered by the suit $1.8…
In this story, Mansion Global highlights 10 luxury properties in the Arizona market. These properties are among the most desirable in the area and feature stunning views, upscale locations, elegant living spaces, and many extras. Learn more about these eye-catching properties below. Click on the links to get more details and to contact the listing…
Christopher A. CombsQuestion: We bought a new home in metro Phoenix four years ago. At the close of escrow, we received a two-year written warranty from our homebuilder. After a rainy night, some roof materials were blown away, exposing rot underneath. When we contacted our homebuilder’s sales agent about fixing our roof, she said that…
Arizona lawmakers convened Monday for the first day of the 2024 session. Democratic Gov. Katie Hobbs delivered her State of the State address, laying out her policy priorities for the year to a narrowly divided Legislature. The session comes ahead of pivotal elections in which Hobbs is leading a fundraising effort to topple Republicans’ one-seat…
It is possible to run a profitable restaurant — and some people can actually make a lot of money doing it — but it isn’t easy.Restaurant profit margins are notoriously thin, and a recent report found that the cost of operating a restaurant in Arizona is one of the highest in the country. The new…
HOUSTON–(BUSINESS WIRE)–DXP Enterprises, Inc. (NASDAQ: DXPE) today announced that is has completed the acquisitions of Hennesy Mechanical Sales LLC. DXP funded the acquisitions with cash on the balance sheet. Hennesy is a leading manufacturers representative in the municipal water and wastewater treatment market and provides industrial pump sales, service, and repair in the states of…