Arizona Home Sales

Phoenix Homeowners Pull Listings Amid Market Chill: Rising Rates and Dwindling Buyer Interest Slow Housing Sales

Phoenix’s housing market is seeing a shift as more homeowners are pulling their properties from the market after struggling to find buyers. Recent data shows a growing number of listings removed from sale, reflecting a loss of confidence amid rising mortgage rates and declining buyer interest. Many sellers, facing lower-than-expected offers or failed sales, are…

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Arizona Housing Prices

Tempe’s Maple-Ash Homeowners Fight to Protect Historic Charm Against Proposed Two-Story Casita

Homeowners in Tempe’s historic Maple-Ash neighborhood are voicing strong opposition to a proposed two-story casita, arguing that it would disrupt the area’s character and violate existing zoning rules. The proposed accessory dwelling unit (ADU) would sit behind an existing home, but neighbors are concerned it will set a precedent for denser development inconsistent with the…

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Arizona Home Sales

Black-Owned Businesses in Arizona Drive $2.2B in Sales and Support 13,000 Jobs: The Impact and Challenges Ahead

A new report from the Black Chamber of Arizona reveals that Black-owned businesses in the state made a significant contribution to the economy last year, generating $2.2 billion in sales and creating or supporting roughly 13,000 jobs. The analysis highlights the importance of minority entrepreneurship, showing that companies owned by Black entrepreneurs have had a…

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Arizona Housing Prices

Mattamy Homes Wins Big: Massive 500,000-Home Community Approved in Buckeye, Arizona Revealing Bold Growth of the Desert Southwest

Mattamy Homes has secured approval to develop a large-scale housing community in Buckeye, Arizona, that will eventually include more than 500,000 homes. The company plans to build the new development across approximately 37,000 acres west of Phoenix, incorporating a mix of housing types alongside public parks, trails, schools, and commercial zones. The long-term project will…

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Arizona Home Sales

New Home Sales Surge in the U.S. Amid Rising Confidence and Limited Resale Options

New home sales in the United States posted a notable increase, reflecting growing confidence among buyers despite higher mortgage rates and affordability challenges. The latest figures show that lower inventory in the resale market is pushing more people toward new construction homes, and homebuilders are responding by offering incentives and discounts to attract buyers. Analysts…

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Arizona Housing Prices

Frustration Mounts as Phoenix Home Raffle Participants Denied Refunds After Auction Collapses

Hundreds of people who bought tickets for a Phoenix home raffle are expressing frustration after learning they will not be receiving refunds. The raffle, organized by a company called United Way Sweepstakes, promised participants the chance to win a multimillion-dollar home. However, after failing to sell the required number of tickets, the raffle was abruptly…

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