AZ News
Bang for the Buck: Arizona's public companies under the microscope
Arizona public companies show strong growth, with Axon topping the list at 33.4% revenue increase. Dive into all of the data with the Business Journals' Bang for the Buck analysis of CEO pay and more.
The National Observer: Real Estate: Lenders, borrowers face tough decisions on CRE debt
More than five years after the Covid-19 pandemic, billions of commercial real estate debt backed by vacant or obsolete office properties remains distressed or delinquent.
Scottsdale apartment community, medical building change hands; plus more Valley deals to know
A Scottsdale apartment complex has changed hands for a nine-figure sum, with the new owner planning substantial renovations. Plus, our weekly roundup of Valley deals includes a California-based renewable energy firm acquiring a Mesa company, a medical building sale and more.
Valley families need hefty raise to afford median-priced home, Zillow reports
A new Zillow report reveals just how much more Valley families need to earn to afford a typical home, and the dollar amount is higher than the national average.
Canada, Mexico lead foreign buyers of Arizona homes
Phoenix, Mesa, and Chandler are attracting international homebuyers at a brisk rate, propelling Arizona into the top 10 states for foreign real estate interest.
Phoenix among hottest US new-build home markets despite resale market warning signs
Despite warning signs in the resale market, the Valley is experiencing a surge in new home builds. Find out which major builders are leading the charge.
Cullum Homes sells out two Paradise Valley communities amid luxury market boom
Cullum Homes' gamble on luxury spec homes a decade ago is paying off. Check out photo galleries of two of its Paradise Valley communities that have just sold out amid surging demand for high-end residences.
The National Observer: Real Estate: Median earners can't afford to buy in most major housing markets
An analysis by Realtor.com of the top 50 housing markets in the United States found only three are considered affordable for median earners.
West Valley industrial buildings sold, plus more real estate deals to know
A pair of West Valley warehouses have found buyers, while a build-to-rent company is developing townhomes for the first time. Plus, catch up on more Valley real estate deals, including a foreclosure sale.
Only 3 of the top 50 US housing markets meet an industry affordability standard
Very few major U.S. housing markets remain affordable for typical earners.
$25 million Scottsdale home sale highlights luxury boom
A $25 million Scottsdale estate sells in seven days, even as experts debate the broader housing market's health amid conflicting price trends.
88-unit luxury condo project set to begin construction in Scottsdale
A Chicago-based developer is gearing up to start work on its second luxury condo residential development within One Scottsdale.
The National Observer: Real Estate: CRE industry outlook for the rest of 2025
Despite uncertainty around tariffs and the U.S. economy's trajectory, many commercial real estate executives feel bullish about the second half of 2025.
Major homebuilder proposes new development in South Mountain
As Phoenix leads the country in build-to-rent growth, a national homebuilder is proposing a sizable new development in the South Mountain area.
Mountainside Fitness expands with 22nd location in Queen Creek; plus more Valley deals
Mountainside Fitness is expanding its footprint in Queen Creek, with plans for a new location that caters to the area's high demand for group fitness classes. Plus, our weekly roundup of real estate deals includes a new building at the Phoenix Bioscience Core, more build-to-rent options and more.
These areas are seeing the most interest from international homebuyers
Interest in the U.S. housing market is growing among international buyers. These cities are seeing the most interest.
SmartRent taps industry veteran as new CEO amid leadership changes
SmartRent's leadership shuffle continues as the Scottsdale-based company welcomes a familiar face to the CEO role, aiming to steer the firm toward an increased market presence.
Apartment occupancy holds steady but one metric slows across major US markets
Apartment rents had been trending upward after months of stagnation, but that trend is shifting — in some places much more than others.
Phoenix sees surge in millionaire renters as high earners embrace lifestyle
Phoenix's rental market is attracting an unexpected demographic, with a growing number of high-income earners choosing to forgo homeownership in favor of leasing luxury properties.
High-rise apartment boom reshapes Phoenix's urban core
Thousands of new residential units have come to the downtown core in recent years, with more on the way.