A recent review of Tempe’s housing market has revealed the city’s most expensive homes currently for sale, with properties on the list featuring luxurious amenities and premier locations. The priciest listing is a lakeside estate on East La Vieve Lane, currently offered for just under $5 million. Other standout properties include a newly built custom…
A recent report highlights the ongoing housing affordability crisis in Arizona, where rapid population growth and limited housing supply continue to push home prices higher. The Arizona Housing Coalition found that many low- and moderate-income residents are increasingly priced out of the market, especially in areas like Maricopa County. Despite an increase in new construction…
Arizona’s 2024 real estate shows steady prices, rising inventory, slower sales, and strong rental demand amid high rates and shifting buyer trends.
Arizona real estate investors gain an edge by adopting AI, blockchain, and proptech innovations shaping search, management, fraud detection, and financing.
A new map highlights which U.S. college towns have the highest home prices, revealing that cities with prominent universities often come with costly real estate markets. According to the report, Palo Alto, California—home to Stanford University—boasts a median home price of $3.1 million, topping the list of most expensive college towns. Other pricey locations include…
Raffling off a house may seem like a creative solution for selling real estate, especially in a challenging market, but it’s far more complicated — and often illegal — than it appears. In many states, including California, raffling a home without complying with strict gambling and charitable solicitation laws can result in hefty fines or…
U.S. retail sales rose by 0.6% in August compared to July, signaling that consumers continue to spend despite economic headwinds, such as higher prices resulting from tariffs. The increase was larger than economists had forecast, with growth seen across categories including autos, electronics, and health stores, even as some sectors experienced price hikes and hiring…
A boomer couple in their early 60s decided to break away from traditional retirement plans by selling their home in Arizona, choosing instead to rent and travel full time. Relying solely on Social Security and a modest nest egg, they found that letting go of homeownership gave them the flexibility to explore new places and…
Home sales data released for the Prescott area, as reported by the Prescott Area Association of Realtors (PAAR), shows a continued cooling trend in the August 2023 market. Buyers and sellers faced a slower market, with total units sold decreasing 15% compared to last August. Median home prices also saw a slight drop, down 4%…
A luxurious mansion in the prestigious Biltmore Estates neighborhood of Phoenix has gone up for sale, listed at a staggering $20 million. The 18,000-square-foot home features six bedrooms, 12 bathrooms, a private movie theater, a wine cellar, a resort-style pool, and sweeping views of Camelback Mountain. With design touches like imported marble and custom woodwork,…