During the pandemic, remote workers flocked to sunny, affordable “Zoomtowns” like Phoenix, Austin, and Boise, fueling a real estate boom with soaring home values and bidding wars. These locations, once popular for their warm weather and relatively low cost of living, became hotspots for digital nomads looking for more space and comfort while working from…
Several luxury properties in metro Phoenix recently changed hands, highlighting the area’s strong real estate market. Among the top sales was a $14.5 million mansion in Paradise Valley, which features modern amenities and expansive mountain views. Other high-value transactions include a $9.8 million Scottsdale home with resort-style outdoor spaces and a North Central Phoenix estate…
A growing debate in housing policy questions whether the federal government should grade states and cities on their zoning laws. Supporters of such an effort argue it could incentivize local governments to ease restrictive zoning practices that limit housing development and drive up home prices. Critics, however, fear a federal grading system could overstep local…
Real estate experts predict a sharp rise in U.S. home prices this summer, driven by ongoing inventory shortages and persistent buyer demand. According to new analyses from leading realtors, limited housing stock is fueling competition among buyers, with many homes receiving multiple offers just days after being listed. Mortgage rates, while still relatively high compared…
Despite a cooling housing market and declining mortgage applications, home prices remain persistently high due to an unexpectedly low inventory of homes for sale. Many homeowners are choosing to stay put, reluctant to part with low-interest mortgages secured during the pandemic-era rates. This “lock-in effect” has sharply reduced housing supply, which continues to support elevated…
Arizona’s real estate market cools with rising inventory, stable prices, slower sales, and ongoing opportunities for savvy investors in 2024.
Arizona real estate evolves rapidly with AI search, blockchain investing, AR staging, and advanced analytics shaping smarter, faster investor decisions.
A 1936 Spanish Colonial Revival-style home in Phoenix’s historic Willo district has sold for $1.17 million, highlighting continued demand for unique, historic properties in the city. The three-bedroom house, known for its vintage charm and modern updates, attracted attention due to its preserved architectural features, hardwood floors, and arched doorways. Situated in one of Phoenix’s…
As the Biden administration continues to pursue policies that some view as lenient on illegal immigration, a growing number of Americans express concern about the consequences of an open-border approach. While progressive Democrats advocate for decriminalizing border crossings and limiting deportations, recent polls suggest that a majority of voters, including many moderates and independents, prefer…
Arizona’s real estate industry is under scrutiny as experts point out that the state’s requirements for becoming a licensed real estate agent haven’t changed since 1962. Currently, applicants need only a high school diploma or equivalent, pass a background check, and complete a 90-hour pre-licensing course. Critics argue that these minimum standards may be outdated…