1,476 New Homes Boost Metro Phoenix Real Estate Market in 2023
Mattamy Homes is thrilled to develop six vibrant communities in the Phoenix metro area, Phoenix Real Estate including Las Ventanas in Goodyear, which will feature 412 beautiful homes. Don Barrineau is experiencing remarkable success. The Phoenix division president of Orlando, Florida-based Mattamy Homes is spearheading development of six new communities in metro Phoenix, totaling 1,473 […]
Elon Musk’s Legal Troubles: Tesla Shareholders Back Him, But $48 Billion Payday Still Uncertain
Tesla shareholders have approved Elon Musk’s $48 billion pay package, but the CEO won’t be getting his payday just yet. A legal expert elaborates how the case might unfold. Photo: Jordan Strauss/Associated Press Despite Tesla shareholders’ (TSLA -1.36% Down) backing of Elon Musk’s multibillion-dollar compensation package, the electric-car company now faces significant hurdles in figuring […]
Multifamily Loans Maturing in 2024: Navigating Higher Interest Rates and a $669 Billion Market Challenge.
Multifamily Loans Maturities Many multifamily loans set to mature in 2024 were taken out in a much lower interest-rate and apartments were enjoying double-digit-percentage rent gains annually. The U.S. multifamily loans have significantly slowed down in some markets, since its peak during Covid-19 pandemic, making people worry about the billions in debt tied to the […]
Exclusive Rockridge Estate at Camelback Mountain Heads to Auction, Starting at $2 Million
The exclusive Rockridge estate at 4937 E. Road in Phoenix is set to go to auction with a bidding starting at $2 million. In January 2002, Jeffrey Lamb purchased a residence at the base of Camelback Mountain for $870,000. He then razed it to construct his dream home on the 1.1-acre parcel. Now, over 20 years later, […]
Phoenix, Arizona: Ranking #7 Among Top Relocation Cities in the U.S.
Phoenix is quickly turning into a popular hotspot for people to move, especially for retirees. According to a recent report studying moving patterns, the Valley continues to be one of the popular relocation destinations in the U.S. A report from May by PODS Enterprises, LLC, a moving and storage company, ranked Phoenix as No. 7 […]
Reduction in Landfill Waste: How to Help Yourself 2024
Linda Eales was raised in the construction industry, she observed discarded construction materials being sent to landfills year after year. Nonprofit Corporation: Harvest Eco-Salvage Linda Eales established Harvest Eco-Salvage with the mission of keeping usable and recyclable building materials out of landfills. She couldn’t stand it anymore. In 1999, she started Eco-Logic Foundation with a […]
Fed’s Optimistic Outlook: Rate Cut Expected Amid Encouraging Inflation Trends in 2024
Federal Reserve Chair Jerome Powell announced that the central bank will maintain current inflation rates for now and indicated the possibility of one interest-rate cut for this year. Photo: Kevin Dietsch/Getty Images Federal Reserve officials have projected just one interest-rate cut for this year, indicating that most are not in a hurry to lower rates, […]
2024 Bidders for Arizona TSMC Site Auction in Phoenix: Opportunities and Challenges
Multiple companies are competing to bid on a massive state land acreage around the Arizona TSMC campus. Three major contenders have entered the ring in a battle for 2,300 acres of prime state land next to the expansive Taiwan Semiconductor Manufacturing Co. Arizona TSMC campus in North Phoenix. An Arizona state land auction for the […]
Skyrocketing Home Prices Push Median Home Values Over $1 Million in 550+ Cities, Creating Buyer Challenges
Amid the palm trees of Jupiter Island, Florida, you’ll find a three-bedroom, five-bathroom house on a half-acre lot, perfectly reflecting the rising of home prices in the area. This house has a stunning pool. Believe it or not, this 2,798-square-foot house, only a few steps from the beach with an ocean views, is currently listed for a […]
Home Prices Are Dropping to 6.4%, High Interest Rates Keep Homebuyers Struggling.
The housing market’s still a mess with home prices dropping, but it doesn’t really help homebuyers. According to data from the real estate firm. Home prices dropped to 6.4%. Active listings experienced a drop in the week ending May 26. Although this is not a large portion of listings, it’s a lot more than the 4.4% we […]
