Phoenix leaders are frustrated over a new state law that expands what’s allowed for backyard guest houses, also called casitas. In May, Gov. Katie Hobbs signed the legislation into law, which requires Phoenix to change its rules.Before state lawmakers got involved, Phoenix had already addressed accessory dwelling units, or ADUs, as way to increase housing…
Your property taxes will not increase after you install a solar system in Arizona. Solar panels increase property value, but the state has a solar property tax exemption. However, you must purchase your system in full or take out a loan to qualify. Lease and power purchase agreement customers aren’t eligible. [wpts_spin]{Read|See} the {entire|full} article…
As housing costs skyrocket and the demand for affordable homes surges, builders across the U.S. are constructing entire blocks of single-family homes specifically designed for renters. These so-called built-to-rent communities can offer another option for those who want a home but cannot afford to buy one.Texas resident Richard Belote says his rented home 90 minutes…
P.B. Bell, which has built 10 apartment communities totaling nearly 3,000 units across the Phoenix metro since 2019, is building its first build-to-rent project.The Scottsdale developer has teamed up with Everest Holdings to develop Marketside Villas at Verrado in Buckeye. The total development cost for the 150-unit project is a little more than $50 million,…
I still remember when my parents bought their first house — the same one they live in today. It wasn’t until I was in my 20s and the summer after graduating from the University of Arizona. Up until then, our family of five had lived in a two-bedroom apartment. It was a lifelong goal…
Phoenix outpaced the nation both in wage growth and employment growth last year, as cooling inflation and a more balanced job market nationwide can be expected to carry into next year.Economists speaking at the Greater Phoenix Chamber’s Economic Outlook discussed what to expect on the national level, and how Arizona is faring with job creation…
Specifically, the letter states that the company is violating the Arizona Landlord Tenant Act … building management does not comply with the demand. The Center Square reached out to the building … [wpts_spin]{Read|See} the {entire|full} article {on|about} rental market trends in Arizona, or, read more news about {Arizona real estate investing|real estate investing in Arizona|real…
Arizona’s housing shortage could become even more severe as the state’s population continues to grow. That’s one finding of a first-of-its-kind report on the state of housing in Arizona from the Arizona Research Center for Housing Equity and Sustainability.Researchers from Arizona State University’s Morrison Institute for Public Policy and the University of Arizona’s Drachman Institute…
Judging by a new survey on the space that renters get for $1,500 a month, Dorothy would have been better off staying in Kansas than chasing the Wizard of Oz.That’s because of over 200 cities across the country analyzed by the website rentcafe.com, Wichita, Kansas, offered the most bang for $1,500 in…
“All Arizona residents who enter into rental agreements deserve living conditions that meet minimal standards of habitability,” wrote Mayes in the news release. Mayes sought a court order that would … [wpts_spin]{Read|See} the {entire|full} article {on|about} rental market trends in Arizona, or, read more news about {Arizona real estate investing|real estate investing in Arizona|real estate…