By: AZ Big Media  Phoenix is ground zero for a new multifamily housing product gaining popularity across the nation: single family build-to-rent (BTR) communities. Sometimes referred to as low density multifamily or horizontal apartments, these BTR developments offer another option for renters who d

By: AZ Big Media  Arizona personal income growth beat the nation in second quarter, but lagged behind inflation. Arizona personal income rose by 6.6% at a seasonally-adjusted annual rate before adjustment for inflation in the second quarter of 2022. That beat the national average of 5.8% and ranked

By: AZ Big Media  The housing market is rapidly changing, and it’s scaring off many young people who were planning to buy their first home. In a new study, SmartAsset analyzed the 200 largest cities where more (and fewer) young people are buying homes and our findings show that Surprise ranks No. 1 

By: AZ Big Media  A new study shows Arizona is the No. 6 hottest market for new residential construction despite home affordability in the U.S. falling to the lowest levels ever recorded after plummeting by 29% over the last year. Given the 2008 financial crisis was largely due to a housing bubble,

By: AZ Big Media  The United States is experiencing record-high inflation levels. Arizona continues to be an epicenter for inflation due to the increase in housing prices during the COVID-19 pandemic. Arizona’s economy is experiencing a ripple effect because of the decrease in affordability of homes

By: AZ Big Media  In retirement, many older adults opt to purchase homes in multiple locations. “Sunbirds” purchase homes to get away from the harsh summer in their state and “snowbirds” purchase homes to get away from intense winter weather. Arizona is home to many “snowbirds” who are retiring in A

By: 12 News  All over the Valley, a growing number of "for sale" signs signal a change in the housing market. According to data from the Cromford Report, there is a 156% increase in the number of homes on the market compared to last year. According to RE/MAX, Phoenix saw the largest increase in the

By: AZ Big Media  Phoenix REALTORS, one of the foremost industry experts serving more than 11,000 real estate sales professionals Valley-wide, released the latest market data giving perspective to current real estate trends on the median sales price and number of homes for sale in Metro Phoenix. The

By: AZ Big Media  Digital platform Money, today announced its annual ranking of the Best Places to Live spotlighting 50 cities and towns with strong labor markets, affordable homes, and racial, economic and cultural diversity. Tempe is ranked No. 2 on the Best Places to Live in the U.S. list. This y

By: AZ Big Media  The housing market of the last two years has been unusual in many ways. With constrained supply, intense demand, and record price growth, the market has consistently defied experts’ expectations and typical trends. And one way these aberrations have shown up is in seasonality. So,

By: AZ Big Media  Remember Bachman-Turner Overdrive’s 1983 hit “You Ain’t Seen Nothin’ Yet?” You ain’t seen nothin’ yet. B-b-b-baby, you just ain’t seen n-n-nothin’ yet? It’s one of those catchy, unforgettable lyrics you can’t shake. And, it’s a perfect musical representation of the growth happening

By: Digital Journal  Real estate investment is fast becoming a trend in the world, and it is rightfully so, as real estate is inarguably a safe, secure, and tangible investment for value appreciation. According to a recent survey by Realtor.com, the values of Arizona homes increased by 7%, with home

By: Bull Source  The US is one of the most popular destinations for international investment with a booming market. According to the National Association of Realtors, there was $1.93 trillion invested in real estate in 2016 alone. Real estate investing can be a long-term, lucrative opportunity, but

By: AZ Big Media  Home values slipped for the second consecutive month as mortgage costs continue to sideline buyers, according to Zillow’s latest market report. Affordability is driving market momentum: Low-cost markets remain competitive while prices drop the fastest in both the most expensive mar

By: AZ Big Media  For the past two years, members of Generation Z have found it difficult to find a place to call home due to rising mortgage rates and record home prices. However, the housing market in Arizona is starting to slightly cool, which could open the door for young buyers to invest in sta

By: AZ Big Media  The softening of record high home prices and inflation at its highest level in 40 years have dominated the summer housing market. Homes that were becoming increasingly out of reach just a few months ago are becoming more attainable as the housing market goes through a dramatic reba

By: Queen Creek Independent (NAPSI)—The real estate market is cooling down: Home inventory rose 9.6% between May and June. Interest rates are up and inflation is still a problem. Consequently, potential buyers are delaying their searches and home sellers are facing some daunting challenges. But the

By: Phoenix New Times  Over 12 percent of property listings in the Phoenix area are now held by just three major “iBuyers”— tech companies that specialize in house flipping. Over the last several years, the Phoenix real estate market has become a major hub for iBuyers. These companies, which employ

By: Gilbert Sun News  A national survey found that Gilbert ranks fourth in the nation for the most homes for sale with swimming pools. It is one of seven Arizona cities ranked in the top 20 in the country, though Chandler leads the national list. “The Phoenix metro area is one of the biggest swimmin

By: AZ Big Media  S&P Dow Jones Indices (S&P DJI) today released the latest results for the S&P CoreLogic Case-Shiller Indices, the leading measure of U.S. home prices. Data released today for June 2022 show that home prices continue to increase across the United States. And Phoenix ranks No. 4 in t