As demand for industrial space pulls back nationally, Phoenix and the Dallas-Fort Worth region stand out as leaders for change in occupied space over the past year. Both markets report rising change in occupied industrial space at or near 3%, the highest rate among the top 20 markets in the country. Leading demographics and … [Read more...] about Phoenix and Dallas-Fort Worth Lead 20 Largest Industrial Markets in Demand
Metro Phoenix a Top Market to Watch for Growth & Real Estate Investment in 2024
Article originally posted on AZ Central on November 21, 2023 Metro Phoenix is expected to be one of the hottest U.S. real estate markets in 2024, according to a national survey. The Phoenix area ranked No. 2 on a list of the top U.S. areas to watch for growth, commercial real estate development and investment … [Read more...] about Metro Phoenix a Top Market to Watch for Growth & Real Estate Investment in 2024
Phoenix Second-Hottest Market for Real Estate in 2024
Phoenix is once again one of the hottest real estate markets in the U.S. as the region continues to attract new residents by the masses, according to a new Urban Land Institute study released this week. This year, Phoenix was ranked the second top market to watch for overall real estate prospects in 2024 — behind Nashville and … [Read more...] about Phoenix Second-Hottest Market for Real Estate in 2024
Phoenix is one of the most cost-effective cities in the world
With many people around the country still recovering from the financial hardships of the pandemic, affordability has never been more important. In fact, according to a report from Compare the Market, internet searches for cost-effective places to live have risen by over 100% in the past 12 months. The Australian consumer … [Read more...] about Phoenix is one of the most cost-effective cities in the world
Phoenix is No. 1 for new single-family build-to-rent development
Following several years of rapid growth, the single-family build-to-rent sector is expected to record an uneven performance in 2023, according to Northmarq's Single-Family Build-to-Rent Special Report, which highlights the sectors mixed conditions after significant momentum during the past few years. The news is good in Metro … [Read more...] about Phoenix is No. 1 for new single-family build-to-rent development
Metro Phoenix’s Median Home Price Poised to Climb $12,000 in March
Metro Phoenix’s median home price is expected to climb almost $12,000 in March after dropping most of the past six months. Home sales jumped in February and are on track to increase again in March. Both are indicators that the Valley’s housing market isn’t headed anytime soon for a repeat of the crash that rocked the economy … [Read more...] about Metro Phoenix’s Median Home Price Poised to Climb $12,000 in March
Phoenix Ranks No. 2 for Most Industrial Real Estate Under Construction
With a total of over 52 million square feet of industrial space under development, Phoenix ranks 2nd among the largest U.S. markets by industrial real estate currently under construction, according to CommercialSearch’s latest study that analyzes the state of industrial real estate development in 2023. Out of the projects to be … [Read more...] about Phoenix Ranks No. 2 for Most Industrial Real Estate Under Construction
Scottsdale developer rolls out plans for $3.6B master-planned community
These outlined parcels totaling 4,150.3 acres were purchased for $82.7 million at a time when land deals have come to a screeching halt. NATHAN & ASSOCIATES INC. Scottsdale-based El Dorado Holdings Inc. has plopped down $82.7 million for 4,150 acres of vacant land at a time when the economy has caused land deals to come to … [Read more...] about Scottsdale developer rolls out plans for $3.6B master-planned community