Home Sales

An employee at an Arizona drug and alcohol rehabilitation facility has been accused of illegally buying homes that previously served as sober living environments. Authorities allege the employee took advantage of vulnerable individuals who were struggling with addiction, transferring ownership of the properties under suspicious circumstances. The investigation revealed instances where paperwork was allegedly falsified…

Meritage Homes (NYSE:MTH) recently reported its second-quarter earnings, reflecting steady demand for new homes despite ongoing affordability challenges in the housing market. The company managed to post better-than-expected revenues and earnings, with management noting that incentives and price adjustments have kept buyer interest strong. Meritage’s performance stands out among other home builders, with many in…

Canadian homebuyers are pulling back from the U.S. Sunbelt markets, causing concern among realtors in popular destinations like Arizona and Florida. High home prices, the unfavorable exchange rate, and new U.S. tax regulations have contributed to the slowdown. According to the National Association of Realtors, Canadian purchases of U.S. real estate have dropped dramatically, falling…

Metro Phoenix’s housing market continues to favor buyers as 2025 approaches, according to recent data. With an increase in available listings and relatively stable prices, home shoppers now have more choices and negotiating power than in recent years. The market shift comes after a prolonged seller’s market, spurred primarily by low interest rates and high…

U.S. home sales increased in July as mortgage rates eased slightly, encouraging more buyers to enter the market. The National Association of Realtors reported that existing-home sales rose 2% from the previous month, reaching a seasonally adjusted annual rate of 5.99 million units. Although mortgage rates were lower than in June, they remained higher than…

The Milwaukee Brewers are offering fans a special deal on tickets for their upcoming game on August 14 as part of a limited-time flash sale. This promotion gives an opportunity for baseball enthusiasts to see the Brewers in action at a discounted price, making it more affordable to catch a live game at the stadium….

A significant downtown Phoenix office building, 333 North Central Avenue, has been listed for sale, attracting attention in the commercial real estate market. The property, which comprises more than 238,000 square feet across multiple floors, is strategically located near major transit options and the Phoenix Convention Center. The listing comes as the Valley’s office market…

Home sales in Phoenix have experienced a notable slowdown in recent months, with the market seeing a decline in both the number of homes sold and overall buyer activity. High interest rates, coupled with increased home prices, have created affordability challenges for many prospective buyers, which has contributed to a decrease in closed transactions. Despite…

Metro Phoenix home prices have seen a notable decline, marking the first significant drop in several years as the area’s housing market cools. Recent data shows that the region’s median home price has fallen due to a combination of higher mortgage rates, increased housing inventory, and a general slowdown in buyer demand. This downward trend…

Sprouts Farmers Market reported strong second-quarter earnings, with net sales rising 6% year over year to $1.7 billion. The fresh-focused grocer attributes its growth to an ongoing expansion plan and investments in its supply chain, including a move toward self-distribution, which is expected to boost efficiency and product availability in its stores. The company also…