Luxury Home Sales Are Shaking Up Real Estate Commissions: Here’s How.
Real Estate Commissions Are Dropping in High-End Markets—Here’s Why Real estate commissions are seeing a notable shift, especially within the luxury market, as commission rates on high-end home sales drop to levels we haven’t seen in years. Although class-action settlements and revised National Association of Realtors (NAR) regulations are still relatively new, they’re already influencing […]
New Trends in Arizona Property Taxes: What to Watch.
For homeowners across Arizona, property taxes are becoming a significant addition to the cost of homeownership. Since 2019, property taxes have climbed nearly 30% nationwide, with Arizona residents feeling the pressure as home values surge. According to a recent Redfin Corp. analysis, the median monthly property tax payment now sits at $250, despite a slight drop […]
Shadow Listings: Is Your Dream Home Hidden in Plain Sight?
Shadow Listings: The Hidden Homes of Phoenix Buyers Are Missing Scrolling through real estate apps, you might feel like you’re seeing everything Phoenix has to offer. But a behind-the-scenes fight over “shadow listings” — homes sold quietly and often without ever hitting popular real estate apps — could mean that some of the best homes […]
Inside Arizona’s $1 Billion Build-to-Rent Boom: The NexMetro Story
NexMetro Communities: Building a $1 Billion Vision for Arizona’s Thriving Rental Market Phoenix-based NexMetro Communities has taken the build-to-rent (BTR) market to new heights, offering Arizona’s renters a compelling choice beyond traditional apartments and single-family homes. With $1 billion in projects underway across several markets, NexMetro is spearheading the BTR trend with its Avilla-branded communities, […]
Why Arizona’s Real Estate Market Stands to Gain from New CBRE Leadership.
CBRE Group Inc., the largest commercial real estate brokerage in Arizona, has named Vanessa Williams as the new Arizona Market Leader and Senior Managing Director. A Phoenix native with over 20 years of experience in real estate development and marketing, Williams is prepared to bring growth and renewed stability to CBRE’s Arizona operations. Her leadership […]
The Rise of Tempe Town Lake: A Corporate Haven for Arizona Businesses.
Why Tempe’s Lakefront Remains a Magnet for Office Space Tenants Tempe Town Lake stands out as a premium destination for office users and developers alike, drawing businesses to its shores even in a post-pandemic world where many companies are downsizing their office spaces. Despite the wider trend of reduced leasing activity, Tempe’s office market around […]
How the Affordability Crisis is Shaping Phoenix’s Housing Market.
Phoenix Home Sales Slow Amid Rising Prices and Down Payment Challenges The U.S. housing market is feeling the pinch of an affordability crisis, and Phoenix is no exception. Recent data shows that higher mortgage rates and rising home prices are pushing potential buyers to the sidelines, impacting down payments and cooling off the once-hot market. […]
Why Real Estate is the Future: JPMorgan’s Forecast for Investors.
The Generational Opportunity in Real Estate: Why Investors Should Pay Attention As the stock and bond markets show signs of fatigue, a new opportunity is emerging that investors, especially those in the Phoenix metro area, can’t afford to overlook. JPMorgan Asset Management, a financial giant managing $3.5 trillion in assets, has issued a report projecting […]
Arizona Joins 13 States Facing Major Insurance Hikes in 2024.
Home Insurance Premiums Are Set to Surge in Arizona and 12 Other States as Climate Change Sparks an ‘Insurance Crisis’ The financial toll of climate change is hitting home—especially for homeowners in states like Arizona, where insurance premiums are expected to rise by 7% in 2024. Natural disasters, driven by increasingly unpredictable weather patterns, are […]
Affordable Homes in San Tan Valley’s Skyline Village Master-Planned Community.
Scottsdale-based real estate firm Aread Inc. is moving ahead with its ambitious Skyline Village project in San Tan Valley, south of Phoenix. The master-planned community, spanning 300 acres, is approved for 1,150 single-family homes and is already drawing major attention from homebuilders and prospective buyers alike. Aread’s CEO, Nariman Afkhami, shared that the development, located […]
