News
Stalled downtown luxury tower could be sold after court ruling
The second phase of the luxury X Phoenix tower development downtown ground to a halt in 2023, leaving its future uncertain. A recent court ruling offers some insight into what's next for the 25-story tower.
Projects to Watch: Major mixed-use centers sprout in West Valley
Multiple major shopping centers are taking shape in the West Valley amid a huge wave of retail development set for the next few years to support the population and employment growth in the region.
One metric for real estate agents just hit a bleak milestone
The post-pandemic housing market's myriad challenges are major concerns — and it's wearing on real estate agents.
The National Observer: Real Estate: Tariffs likely to have indirect impact on CRE at first
President Trump on Wednesday said there would be a 90-day pause on all reciprocal tariffs except for the ones imposed on China. The announcement marked the latest step in a volatile period of activity that has companies assessing their current and future plans.
Avnet leases Valley facility after $47M sale; plus more deals to know
Avnet, the Valley's largest public company, inked a hefty sale-lease-back deal for its global solutions center in Chandler. Plus, our weekly roundup of real estate deals includes a new Sam Fox restaurant in Scottsdale and more.
Chicago, Utah developers near completion of Goodyear apartments
A pair of developers from Chicago and Salt Lake City have collaborated on their first ground-up project in the Valley, a new apartment complex in Goodyear.
Denver developer to begin construction on historical Phoenix building
Phoenix City Council approved the development agreement to begin renovations on a more than 100-year-old downtown building and the area around it.
How Arizona compares among states with highest home ownership costs
The Grand Canyon State fared much better than Florida in a new ranking of states where home ownership costs are more affordable.
Taylor Morrison buys 156-acre vacant parcel in north Phoenix for new master-planned community
One of the nation's largest homebuilders has scooped up another 156 acres near Taiwan Semiconductor Manufacturing Co.'s $165 billion chip plant in north Phoenix, while other homebuilders open communities across the Valley.
Tariffs could bump up home prices by $10K in metro Phoenix
Tariffs are causing chaos on Wall Street and Main Street. A homebuilding sector expert says the trade wars could push home prices up as much as five figures.
Denver-based Flock Homes steps up Valley rental unit purchases
A 721 exchange is different from the more commonly known 1031 exchange, but still allows investors to defer tax gains. Here's how a Denver company is helping mom and pop landlords retire from the business.
Paradise Valley estate with koi pond, athletic field lists for nearly $26M
After renovating a 2.5-acre estate in Paradise Valley, a couple has decided not to move in after all. Their mansion just listed for nearly $26 million, fueling the fire of the ultra luxury segment.
Stalled Goodyear Celebration Plaza project draws new concerns from City Council
Goodyear City Council members expressed concern about the project during a recent meeting. Here's where it stands now.
The National Observer: Real Estate: Tariffs create murkiness for industrial CRE market
President Donald Trump has laid out a sweeping tariff plan that will be applied to just about every import coming into the United States.
Land purchase marks luxury developer's Phoenix debut; plus 9 more Valley deals to know
A Florida luxury community developer has bought land in Phoenix to get started on its first two Valley projects. Plus our weekly roundup of real estate deals includes new shops and restaurants around the metro.
Share of first-time homebuyers hits record low as affordability challenges persist
Rising home prices, high mortgage rates, limited supply and competition with all-cash buyers continue to challenge people who want to move into homeownership.
Phoenix estate of former US Senator Barry Goldwater listed for $2M
A historic luxury home in Phoenix where former U.S. Sen. Barry Goldwater lived as a newlywed has been listed for sale. Check out photos of the property.
Solar-powered Valley estate with NBA-grade basketball court sold for $15M cash
A fully solar-powered luxury home in Paradise Valley with an NBA basketball court has sold for $15M in cash.
Developer exec named board chair of Arizona Community Foundation
The Arizona market president for a Texas developer overseeing one of the biggest developments in the Valley has been named the board chair of the Arizona Community Foundation.
The Ranch unveiled: Here's the latest on sprawling East Valley project
Master plans for The Ranch, a 311-acre Gilbert industrial and mixed-use development, have been submitted to the city. Here's the latest look at what's in store for the once-controversial project.
