The Arizona State Land Department is projecting more than $300 million in land sales for the fiscal year ending June 30, 2024.That’s up from $292.1 million in revenue generated during fiscal 2023 — across 13 transactions totaling 5,580.09 acres, according to the department.Robyn Sahid, executive deputy commissioner of the state land trust, said she’s seeing…
Meritage Homes Corporation (NYSE:MTH) Q3 2023 Earnings Call Transcript November 1, 2023Operator: Greetings, and welcome to the Meritage Homes’ Third Quarter 2023 Analyst Call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded. It is…
The Phoenix metro housing market has been one of the hottest in the country the past few years as more and more companies begin or expand operations in Arizona. While it has been discussed at length that there is a housing shortage, I can assure you homebuilders are doing what they can to address the…
For the past 25 years, I have watched with great sadness as beautiful forest has burned, destroying homes, decimating communities and negatively impacting lives.Even after all these years, I ask myself what else I could have done to prevent this tragedy.My family spent four generations operating sawmills and working in the forests of Arizona, Utah…
Question: In a recent column, you said that if a seller and a buyer dispute the validity of a home’s sale, the standard Arizona Association of Realtors purchase contract requires mediation before a seller or buyer files a lawsuit. We bought a home in Phoenix that we loved, but during the 10-day inspection period, we…
Will the Diamondbacks make it to the World Series this year?That question still remained as tickets for Major League Baseball’s most celebrated tournament were expected to go on sale Monday morning.The D-Backs, behind 2-3 in the National League Championship Series against the Philadelphia Phillies, announced that if they end up taking the series win, they…
Listen to this article High home sales prices and mortgage interest rates are squeezing out first-time home buyers from entering the market, especially as incomes have not kept up, housing experts say. In 2020, the housing market was in a frenzy. High numbers of homes were selling, agents’ inventories were low and offers were frequently…
Airdeed Homes study reveals rising median home prices in affluent Arizona cities, while others experience decreases. Sedona, Scottsdale, and Flagstaff top the list, while Tucson sees a minor decrease. Phoenix, Arizona–(Newsfile Corp. – October 17, 2023) – Airdeed Homes, a leading real estate search website, has conducted a comprehensive real estate study analyzing home prices…
One of JLL’s newest promotions will play a big role in how some of the brokerages’ clients maximize their office space.Alexis Lowell has been named JLL’s project and development services market head in Arizona and Nevada. That role is based in Phoenix and entails talking through workplace strategy with clients, overseeing design and construction management…
Landsea Homes Corp. (Nasdaq: LSEA) has sold 102 lots to Lennar Corp. at its El Cidro master-planned community in Goodyear, according to Tempe-based real estate database Vizzda LLC.Records show Miami-based Lennar (NYSE: LEN) paid $14.01 million in cash for the lots that are near the southeast corner of S. Citrus and W. Lower Buckeye roads.Nate…