Zillow’s $500 Million ShowingTime Tool Controversy: Settlement Reached with Phoenix MLS in Antitrust Case
Zillow sued two MLS services and an MLS group for taking away Zillow showingtime tool from their platforms. ShowingTime Vs MLS Zillow Group Inc. has settled its antitrust lawsuit initiated last year against the Phoenix-area Multiple Listing Service and two other plaintiffs for the removal of the Zillow tool from their platforms. The preliminary settlement, […]
94-Year-Old Actress June Squibb Shines in Leading Role for New Comedy Film
June Squibb gets a frantic call from someone pretending to be her grandson, saying he had a car accident and urgently need cash. She ends up losing $10,000 to this scam. This familiar real-life scam is the basis for some fictional justice in the movie “Thelma,” which opened in theaters late last month. It is […]
Discover Arizona Cities Dominating the Luxury Home Rental Market in 2024
Several cities in the Valley are national leaders in luxury rental properties, reflecting Arizona’s embrace of a fast-growing trend in the real estate market. In a report released on June 11 by Point2Homes, which the ranks luxury home rental inventory among the 100 largest U.S. cities, Scottsdale was ranked No. 8 with 34% of single-family houses […]
How AI Saved Thousands in 2023 Home Renovations
Kyle Loucks with his wife, Kristie, and children, Kade, Ben and Elise, explore the construction site of their new home in Vancouver, Wash. PHOTO: AMIE SANTAVICCA Midway through constructing their new five-bedroom, 5,800-square-foot home in Vancouver, Wash., Kyle Loucks’ wife decided to add a sports court. Initially, he freaked out. “One little decision, like ‘let’s […]
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 […]