Phoenix Housing Market Outlook 2024: Opportunities and Challenges
Phoenix Housing Market Forecast: Struggles to Meet Demand, but What About Water? Once burdened by the collapse following the 2007-08 financial crisis, Phoenix has turned its housing market into one of the nation’s most vibrant economic recoveries. But in 2024, the fast-paced growth of the Valley of the Sun is met with pressing challenges, including […]
The Fight for Land: Homebuilders Compete for Peoria’s Future Homes.
Bidding War Erupts Over 274-Acre Land in West Valley, Sells for $63M. On October 17, 2024, the Arizona State Land Department witnessed a packed house for a high-stakes auction over a prime 274-acre parcel in Peoria, near 83rd Avenue and Happy Valley Road. What started with a modest $46.275 million bid rapidly escalated into a […]
Underwater Mortgages Are Surging in These 10 States—Here’s How Arizona Stacks Up
Falling Home Prices Hit Hard: 10 States Where Homeowners Are Struggling with Underwater Mortgages—and What Arizona Can Learn. Home prices across the U.S. are taking a dip, and while that might sound appealing to prospective buyers, it’s creating challenges for current homeowners. In some states, mortgages now exceed home values, leaving homeowners “underwater.” Let’s explore […]
An Arizona Family Dream Home: Spacious Living in Paradise Valley for $15.895M
A Spacious Paradise Valley Estate with Sports and Family Fun. In the heart of Paradise Valley, Arizona, a newly built estate offers a glimpse into luxury family living with an array of impressive features. Listed at $15.895 million, the property spans 2.4 acres and boasts spectacular views of Mummy Mountain and the Phoenix Mountains Preserve. […]
The Future of Vacant Office Spaces: More Housing for Phoenix.
A major shift is coming to America’s commercial real estate market, and Phoenix may be about to see its impact. With the rise of remote work and aging office buildings sitting vacant, real estate experts predict a wave of office spaces could soon be transformed into much-needed housing. This transition, while challenging, presents an incredible […]
Phoenix Startups Are Growing—Here’s What It Means for Your Home and Wallet
Hope for Venture Capital Market After Fed Rate Cuts: What It Means for Homeowners and Renters? The venture capital (VC) market, which has struggled with slow deal activity over the past year, is showing signs of recovery after the Federal Reserve’s recent interest rate cut. According to a report by PitchBook, the 50-basis-point cut in […]
Elevate Your Lifestyle at Atavia: Scottsdale’s New Premier Luxury Condos.
Atavia: Scottsdale’s New Luxury Condo Community with Private Elevators and Rooftop Decks Atavia, an exciting luxury condominium community, is set to break ground in 2025 in Scottsdale, Arizona. This development will offer 88 exclusive units featuring private elevators and spacious rooftop decks, making it a standout in the city’s luxury real estate market. Atavia is […]
Is the Great Florida Migration Coming to an End? What Phoenix Homeowners Can Learn
Calling all Phoenix homeowners! The once-booming Florida housing market, which saw a huge influx of new residents during the pandemic, is showing signs of decline. A combination of excess housing inventory, waning buyer interest, and skyrocketing insurance costs has slowed home sales in many parts of the state. Phoenix homeowners and prospective buyers should take […]
Canadian Buyers Help Arizona Real Estate Market in 2024, Making Up 60% of Foreign Sales.
Arizona is a top choice for foreign buyers buying residential real estate. Arizona is one of the top 10 places where foreign buyers purchase residential real estate, according to a report by the National Association of Realtors (NAR). Most foreign buyers in Arizona are Canadians at 60%. NAR’s 2024 Profile of International Transaction in U.S. […]
Protecting Your Home Equity: The Fight Against Unfair Tax Lien Sales.
Despite Supreme Court Ruling, Homeowners Are Still Losing Their Properties to Tax Liens An unpaid property tax bill of as little as $1,600 could cost you your $400,000 home. In Arizona, Christine Searle, a 70-year-old horse trainer, is facing this exact situation. Due to an unpaid $1,607 property tax bill, she is on the verge […]
