News

01 | 12 | 2020

New home sales maintain momentum, up 45.8% year-over-year

Today, the experts at Zonda, the housing industry’s foremost advisors, released the New Home Pending Sales Index (PSI) for October 2020. The New Home PSI shows pending sales increased month-over-month and year-over-year across the United States. The index is a leading residential real estate indicator based on the number of new home sales contracts signed across the country.

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01 | 12 | 2020

Tempe Streetcar project nears completion

The Tempe Streetcar, a $102 million project that began construction in 2017, is nearing completion and is expected to be operational in mid-2021. The Streetcar will have capacity for 125 passengers and six vehicles will be traveling along the three-mile double track alignment that borders Arizona State University campus and will run in-street from Rio Salado Parkway down Apache Boulevard with a single-track loop around Mill Avenue and the downtown district. In addition, Tempe Streetcar includes two crossing of the existing light rail line and a tie-in to the light rail at the southern terminus.

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