Valley’s August home price increase nearly twice as high as rest of the nation
At a time when existing home inventory is near an all-time low, Phoenix home prices continue to rise — and homebuilders simply can’t keep up with demand.
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Rally’s burger chain looks to expand in Phoenix area
After a transformative year, hamburger drive-thru chain Rally’s has significantly increased sales and is looking for a major expansion in the Valley.
Read MoreSources: Major semiconductor maker zeroing in on Phoenix site for huge factory
An expansive swath of desert in north Phoenix is likely the landing spot for Taiwan Semiconductor Manufacturing Co. Ltd.’s $12 billion plant, multiple sources with knowledge of the deal confirmed.
Read MoreHome prices post another 15% gain
The median home sale price increased 15% year over year to $320,625 — the highest on record, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. In the week ending October 18, home prices were up 16% from the same week a year earlier. Home prices continue to buck their typical seasonal pattern.
Read MoreNew Sprouts store coming to north Phoenix
Phoenix-based grocer Sprouts Farmers Market has picked a shopping center near Arizona State University’s West Campus for its latest location.
Read MoreAldi sets opening date for first Valley stores
An opening date has been set for the first Aldi stores to open in Arizona. The discount grocery chain, which has its U.S. headquarters in Batavia, Illinois, confirmed Monday that it will be opening its first Valley stores in Chandler and Goodyear on Nov. 5.
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