Low housing inventory spurring demand for new homes in metro Phoenix
As inventory for existing home sales remains low in metro Phoenix, homebuilders are building as fast as they can to keep up with insatiable demand for new homes.
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Yearly Archives: 2021
Phoenix, Inland Empire Are the Top Industrial Markets in 2020
In 2020, the US recorded a record number of big-box industrial transactions, and the West Coast was a central region of the activity, according to new research from CBRE. The Inland Empire and Phoenix both made the list as top markets for major industrial deals, defined as deals over 1 million square feet in size.
Read MoreValley powerhouses come together to create the new Arizona Fintech Council
Phoenix-based CCG Catalyst Consulting has partnered with the Arizona Bankers Association to create the Arizona Fintech Council.
Read MoreTempe approves mixed-use project planned for Macayo’s site
The Tempe City Council unanimously gave approval to a plan by Phoenix-based Red Development to redevelop the Tempe Macayo’s Depot Cantina site into a mixed-use development, which also will preserve and restore the train depot on the site.
Read MoreMortgage applications reveal a flood of Californians moving to Arizona
Fulton Homes, Arizona’s largest family-owned and operated homebuilder, has consistently strived to understand the desires of homebuyers and trends in order to best accommodate them while also considering the direction of the larger industry. The homebuilder has always championed the idea that mortgage applications — which show a flood of Californians moving to Arizona and other trends – are a useful data point to learn from as the company develops long-term business plans.
Read MoreAustin Expected to be Nation’s Hottest Housing Market in 2021, Leading a Sunbelt Surge
A panel of economists and real estate experts expect Austin to outperform the national market by the largest margin, followed by Phoenix, Nashville, Tampa and Denver
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