U.S. rental prices grew by nearly 20% from March 2020 to 2022 during the pandemic, according to the Realtor.com Monthly Rental Report released today. Phoenix rental prices increased 29% over the last two years, with median rent hitting $1,896 in March 2022. Additionally, two-year rental trends indicate some redistribution of … [Read more...] about Phoenix Rental Prices Soar by 29% in 2 Years
This ICONIC HEART OF NORTHEAST PHOENIX BLOCK-BUILT RANCH HOME located in sought-after Melrose Paradise checks ALL the boxes! Thoroughly and recently renovated offering a wealth of high-design features and charm in a turn-key package for the discerning buyer. Incredible open greatroom floorplan featuring 4 bedrooms, a den, 2 … [Read more...] about New Listing at 3036 E Desert Cove AVE, Phoenix AZ 85028
Greater Phoenix added nearly 90,000 new hires over the past year, according to the latest employment reporter from the Arizona Office of Economic Opportunity. The metropolitan area unemployment rate continued to fall, dipping to 3.1 percent, down 0.1 percent from January and down from 6.7 percent a year ago. Most hires took … [Read more...] about Phoenix has Added Nearly 90,000 Jobs Over the Last Year
Gorgeous GREYSTONE crafted estate on an inviting premium lot backing the Sonoran Desert with majestic views in highly sought-after McDowell Mountain Ranch enjoying designer touches and choice upgrades. RECENTLY UPDATED boasting 3402 spacious square feet with separate living and family rooms featuring 5 expansive bedrooms a loft … [Read more...] about Hot New Listing in McDowell Mountain Ranch at 10350 E Acacia DR, Scottsdale AZ 85255
The Arizona Commerce Authority and the City of Glendale announced today that Williams-Sonoma, Inc., the world’s largest digital-first, design-led and sustainable home furnishings retailer, has leased a 1.25-million-square-foot facility in Glendale. Williams-Sonoma, Inc. plans to use the facility as a fulfillment and … [Read more...] about Williams-Sonoma is Bringing More Than 2,400 Jobs to Glendale
January home sales dropped 31.4% from December’s total – a decrease slightly more than the seasonal norm – as inventory shrank for the sixth consecutive month, according to RE/MAX. Year over year, sales were down 5.3% from January 2021. Most relevant to Metro Phoenix residents: The region led the nation with the biggest increase … [Read more...] about Metro Phoenix Leads U.S. With 28.5% Increase in Median Sales Price
Above: COVID-19 is accelerating suburban growth in places like Sterling Grove, a 780-acre master-planned neighborhood, west of Loop 303 in Surprise, that offers homeowners access to a private country club and 18-hole Jack Nicklaus-designed golf course. The Phoenix metro area performed extremely well for new construction during … [Read more...] about Metro Phoenix Ranks No. 4 Among Most-Active Real Estate Markets in U.S.
Home buyers face another challenging shopping season to navigate, as Zillow’s latest monthly report reveals record-breaking low inventory and unprecedented price growth, including Phoenix, which saw home values skyrocket 30.7% over the past year. In the Phoenix metro: • Typical Phoenix home values are $434,184, up 30.7% … [Read more...] about Phoenix Home Values Jump 30.7% Over Past Year