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News

$120 million Switchyard development to transform Queen Creek's downtown

AZ News - Thu, 05/08/2025 - 09:00
Queen Creek's downtown is about to get a major facelift, with the construction timeline set for a new mixed-use development bringing popular restaurants and much-needed office space to the area.

The National Observer: Real Estate: Housing-affordability challenges aren't limited to home purchases

AZ News - Thu, 05/08/2025 - 07:20
Conversations about the housing-affordability issues plaguing the nation are usually limited to buying a home. But the cost of homeownership is also rising significantly.

IKEA to open third Valley location in Phoenix; plus more real estate deals to know

AZ News - Thu, 05/08/2025 - 05:30
IKEA's new Phoenix location will offer a unique shopping experience, with thousands of items available for immediate purchase. Plus our weekly roundup of seven real estate deals includes a new build-to-rent community, industrial leases and more.

Teravalis development to accelerate as Howard Hughes secures major funding boost

AZ News - Wed, 05/07/2025 - 18:04
Texas developer Howard Hughes Holdings Inc. is poised to boost development of its largest master-planned community in Arizona, thanks to a significant capital injection from a familiar face.

Scottsdale developer sells remaining lots at San Tan Valley master-planned community

AZ News - Wed, 05/07/2025 - 14:31
The last piece of Aread's 300-acre Skyline Village puzzle has fallen into place, as two national builders snap up the remaining lots. There are also ambitious plans for this master-planned community's amenities.

Higher taxes, insurance and HOA fees strain homeowners as affordability worsens

AZ News - Wed, 05/07/2025 - 07:54
Homeowners are grappling with rising property taxes, insurance premiums and HOA fees.

Gen Z's regret grows over generational housing divide

AZ News - Tue, 05/06/2025 - 10:33
Younger Americans are buying houses that need work. That's left many of those buyers with deep regrets.

Small town outpaces major cities as Arizona's hottest housing market last quarter

AZ News - Mon, 05/05/2025 - 06:00
A small Arizona locale along the Colorado River has emerged as one of the nation's hottest housing markets, outpacing major metropolitan areas.

Barrio Queen co-owner scoops up newly built luxury home for $13.5M

AZ News - Sun, 05/04/2025 - 05:30
A newly constructed Paradise Valley mansion set a jaw-dropping price-per-square-foot record, purchased by the co-owner of a popular Valley Mexican eatery brand. See photos inside and outside of the residence.

Gov. Hobbs defends 'Axon bill' at ceremonial signing ceremony in Scottsdale

AZ News - Thu, 05/01/2025 - 17:03
Governor Katie Hobbs joined Axon's CEO at the company's futuristic headquarters, but not everyone is celebrating the recent legislative victory.

Paradise Valley property to be razed for $30M compound with 20-car garage

AZ News - Thu, 05/01/2025 - 14:21
A Paradise Valley residence designed and built by renowned Phoenix architect George Christensen in 1976 will be razed to pave the way for a 15,000-square-foot mansion at a time when wealthy buyers demand modern, contemporary estates.

The National Observer: Real Estate: Why recent office-leasing momentum could stall

AZ News - Thu, 05/01/2025 - 08:28
The U.S. office market in recent months and quarters has finally seen an uptick in leasing activity as companies became more confident about moving forward on real estate decisions. That momentum could be dampened by a combination of forces.

Proposed student housing towers near ASU set for Tempe review

AZ News - Thu, 05/01/2025 - 05:40
A huge student housing and retail project near Arizona State University is poised to take a significant step forward, with developers hoping to secure a crucial approval from Tempe officials.

Property manager named for Amkor's Tempe HQ; plus more Valley deals to know

AZ News - Thu, 05/01/2025 - 05:00
A major semiconductor company's Tempe HQ is under new management. Plus, our weekly roundup of real estate deals includes a local bakery’s expansion, a big apartment sale and more.

East Valley cities among nation's fastest-growing, with one ranking fourth for large cities

AZ News - Wed, 04/30/2025 - 14:30
A new report reveals which East Valley cities lead the pack in population growth, with one suburb's expansion outpacing even its larger neighbors.

Scottsdale's northernmost estate lists at $25 million, offers vast desert views

AZ News - Tue, 04/29/2025 - 19:30
The northernmost estate in Scottsdale just hit the market, and its price tag matches its exclusive location. Find out what amenities justify the asking price and click through photos of the property.

Phoenix housing market softens as spring selling season fails to ignite

AZ News - Tue, 04/29/2025 - 13:40
Real estate experts weigh in on why Phoenix's housing market is experiencing an unexpected slowdown during what's typically a busy season: "Confidence is the oxygen of the housing market and right now, it's in short supply."

A new deal-breaker is derailing some home sales

AZ News - Mon, 04/28/2025 - 11:43
Real estate agents across the country are grappling with a new obstacle in closing deals — and the challenge is likely to get worse.

Paradise Valley spec home fetches $9.4M as developer expands luxury footprint

AZ News - Sun, 04/27/2025 - 07:00
A new luxury developer in Phoenix is making waves with its first multimillion-dollar spec home, selling in less than a month despite market turbulence. Check out a gallery of photos inside and outside the property.

Netflix star's real estate firm launches in Scottsdale amid social media splash

AZ News - Fri, 04/25/2025 - 12:57
Ryan Serhant has launched his luxury residential real estate firm in Arizona. The Business Journal attended the launch party and spoke with the Netflix star.
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