There’s a good reason the population of our state grew at nearly double the national average over the last decade and was ranked among the top five fastest-growing states: Opportunity.But despite our economic growth, the cost of housing is growing way faster than wages.To afford the average single-family home in metro Phoenix, you now need…
A screenshot from a preliminary plat for Elena Trails, a new subdivision on the southeast corner of Murphy and Farrell Roads. D.R. Horton closed the sale last week, according to Walton Global. [Courtesy City of Maricopa] Like it or not, another development is taking the next step towards construction. Texas-based developer D.R. Horton closed on…
QUEEN CREEK, Ariz. , Feb. 27, 2024 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced its newest community, Merion Grove, is coming soon to the heart of Queen Creek, Arizona. Merion Grove will showcase award-winning home designs on just 19 expansive quarter-acre-plus home sites for unparalleled indoor/outdoor…
For full immersion in Arizona’s nature and starry sky, Telescope House, the latest offering by architecture studio Wendell Burnette, is the place to be. The retreat was designed to ‘recede into the high-desert Sedona-landscape’, the architects explain in their project description – and looking at its glazed façade and minimalist architecture that allows the lush…
BUFFALO, N.Y. — As Major League Baseball teams spend time in Florida and Arizona preparing for a new season, the Buffalo Bisons got ready closer to home. The Triple-A team on Sunday hosted their second annual spring training carnival at The Powerhouse. Admission was free, hot dogs were $2, and their sales benefitting the Buffalo…
PHOENIX — The Arizona Department of Revenue is auctioning off unclaimed property from abandoned safe deposit boxes this week. Online-only bidding will begin on Wednesday at noon and last through Sunday until 5 p.m., according to a press release. Items up for auction have not been claimed by owners after many years, the department said,…
A new north Scottsdale mansion with almost 50,000 square feet of space, including a huge air-conditioned garage with a bar, elevator, and spots for 54 cars is under construction and for sale. The asking price? $54 million. The half-built house with six bedroom suites and 12 bathrooms is located on four prime acres in the Silverleaf…
With Amkor Technology Inc. securing a development agreement this week for its $2 billion semiconductor assembly and testing facility in northern Peoria — the largest of its kind in the nation — it will have about 2,000 jobs to offer in the coming years.For the northwest Valley, that presents an opportunity for immense economic development…
Net New Home Orders: Soared by 143% to 1,078 in Q4.Backlog: Units rose by 58% to 2,320, with a dollar value increase of 38% to $1.6 billion.Home Sales Revenue: Declined by 17% to $1.2 billion in Q4.Homebuilding Gross Margin: Decreased to 22.9% from 25.0% in the previous year.Diluted Earnings Per Share (EPS): Dropped to $1.36…
‘Tis the season before the season as spring training 2024 is just around the corner. Arizona’s Cactus League is about to be in full swing at the 10 stadiums throughout metro Phoenix that serve as second homes to 15 Major League Baseball teams.Spring training 2024 runs Feb. 22-March 26.In 2023, the annual prelude of America’s…