Top 5 homebuilding industry trends to watch for in 2024
By: AZ Big Media Growth in New Construction While interest rates have had a big impact on the demand for new construction, we expect to see growth in our industry in the coming year, especially if rates go down by mid-2024 as predicted. In this scenario, we will see the many people who have r
Read MoreBreaking down the average garage makeover cost: What to expect
By: AZ Big Media Transforming your garage from a cluttered storage space into a functional and organized area of your home can be an exciting and rewarding project. However, before you dive into this home improvement journey, it’s important to have a clear understanding of the garage makeover
Read MoreGen Z homeownership? These Arizona cities offer most hope
By: AZ Big Media The number of Generation Z members is estimated at 69.58 million, or about 21% of the U.S. population. Born between 1997 and 2012, they’re already making their mark on American society. And these up-and-comers are looking for a place to call their own where they make a differ
Read MoreA look inside 1920s Phoenix historic home listed for $7.9M
By: AZ Big Media It’s not every day that a Central Phoenix historic home of this caliber and historical significance hits the market, but this month Scott Grigg of The Grigg’s Groups Powered by Altman Brothers has listed an awe-inspiring historical masterpiece that has been 104 years in the m
Read MorePhoenix home sale time on market sees 2nd-biggest decrease in the U.S.
By: AZ Big Media Sellers became more eager this January as new data indicated they’re getting ready to sell, if not already there. The number of homes actively for sale was notably higher compared to last year, growing by 7.9%, according to the Realtor.com January Housing Report released toda
Read MorePhoenix No. 3 among cities with largest rent decline in 2023
By: AZ Big Media A large amount of multifamily housing supply coming online is expected to suppress national average asking rent growth this year, according to a new special report from Yardi Matrix. The report also showed that Phoenix is among the cities that saw the largest rent decline in
Read MoreMetro Phoenix housing data shows more positive than negative trends
By: AZ Big Media For the first time in months, year-over-year Metro Phoenix housing data for January 2024 showed more positive trends than negative movement, according to Phoenix REALTORS®. “Coming into January, we believed that 2024 was going to be better than 2023,” said Sheryl Bowden, pre
Read MoreHow to stand out in a competitive real estate market
By: AZ Big Media In the cutthroat arena of real estate, standing out is key to winning clients. We’ve gathered insights from industry experts, including CEOs and broker associates, to share their most effective strategies. From demystifying the mortgage process to establishing a strong online
Read MoreValley luxury homes saw biggest price increases
By: The Mesa Tribube The average square-foot price of single-family homes in the Valley rose the most over the last two years in cities with the most luxury homes, according to a leading analyst of the Phoenix Metro market. That increase was the highest in Paradise Valley, where the per-squar
Read MoreAffordable housing options coming to Glendale
By: The Glendale Star Greenlight Communities recently broke ground on two of its newest affordable living communities — Cabana Aldea and Streamliner Aldea — in the heart of Glendale. They are within 2 miles of Westgate, State Farm Stadium, VAI Resort and Mattel Amusement Park. “I’m very hap
Read MoreNew construction remains on an upward trend in Phoenix for 2024
By: AZ Big Media Multifamily construction starts declined in 2023, but exceeded expectations considering the turmoil in the financial markets. A new report on multifamily construction starts from Yardi Matrix reports that the number of units that broke ground in 2023 ranks third in recent yea
Read MoreCan you rent an apartment while on another lease?
By: AZ Big Media Caught in the tight grip of a binding apartment lease but itching to embark on a new chapter of your apartment lifestyle? You’re likely wondering, “Can you rent an apartment while on another lease?” Unfortunately, the answer is not black and white. To help you out, we’ll slic
Read More4 factors to consider before you go solar
By: AZ Big Media Given that Phoenix averages over 300 sunny days each year, it is no surprise that Arizona ranks fifth in the nation for installed solar panels. This source of energy has become more prevalent over the years as conversations centering on sustainability and one’s carbon footpri
Read MoreIce Ice, Baby: A Rare Indoor Rink Comes With This $12.5M Arizona Home
By: SFGATE Looking for a place to practice slap shots or spins in Scottsdale, AZ? The contemporary abode of former National Hockey League player John Curry might be just the place. Listed for $12.5 million, the 12,030-square-foot residence offers more than the traditional living spac
Read MoreWhy Is Arizona The Best Airbnb Market?
By: Why is Arizona The Best Airbnb Market? Real Estate News Arizona’s Airbnb Market: A Convergence of Affordability, Demand, and Diverse Attractions Arizona’s Meteor Crater is a tourist attraction.. USGS/D. Roddy – http://www.lpi.usra.edu/publications/slidesets/craters/slide_10.html / In rece
Read MoreHere’s where Arizona ranks for attracting out-of-state movers
By: AZ Big Media Gen Z may prioritize job opportunities and sunshine over affordability when moving out of state. A new Zillow analysis of the U.S. Census Bureau’s 2022 American Community Survey (ACS) finds Gen Z interstate movers flocked to California, even as the state experienced the high
Read MoreArizona is state with the 10th lowest real estate property taxes in 2024
By: AZ Big Media Depending on where you live, property taxes can be a small inconvenience or a major burden. How do Arizona property taxes rank? The average American household spends $2,869 on property tax for their homes each year, according to the U.S. Census Bureau, and residents of the 26
Read MoreWhy renters can stretch their income furthest in Surprise and Scottsdale
By: AZ Big Media RentCafe.com with a fresh report aimed at helping renters stretch their income. A bigger paycheck in a new city? That’s always a good upgrade, but there’s more to consider when it comes to relocating. The balance between income and expenses is what truly helps renters be bette
Read MoreArizona’s Largest Cities: A Homebuyer’s Guide for 2024
By: Redfin Arizona has endless sunshine and landscapes, offering a unique and uplifting experience. Residing in Arizona provides a distinctive lifestyle surrounded by diverse landscapes, ranging from the awe-inspiring red rocks to a rich cultural atmosphere, all under abundant sunshine and a S
Read MoreNew research reveals the most profitable US cities for Airbnb hosts
By: Travel Trade A new study has found Scottsdale, Arizona, to be the most profitable city for Airbnb hosts. The research, carried out by personal finance experts Wealth of Geeks, calculated how much extra homeowners could earn by renting out properties per night, using the average cost of an
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