With the Metro Phoenix residential real estate market setting new records on a daily basis, it might help prospective buyers and sellers to have an expert’s perspective on residential real estate in the Phoenix market — where it is now and a few predictions for 2022. Here are my Top 5 predictions for Phoenix residential real … [Read more...] about Top 5 Predictions for Phoenix Residential Real Estate
Article originally posted on AZ Big Media on September 30, 2021 JLL has released its H1 2021 Data Center Outlook and in the report, Phoenix ranks No. 3 in the U.S. for new data center construction and No. 3 in the U.S. for data center absorption. Local competition is rising to an institutional level and demand doesn’t seem to … [Read more...] about Phoenix Ranks No. 3 in U.S. Data Center Rankings
The U.S. Census Bureau released franchise statistics from the 2017 Economic Census on August 26. Nearly 300 different types of business are franchises, though the only data available at the state level are for full- and limited-service restaurants. Comparing Arizona to the U.S., 41.6 percent of restaurants (combined total of … [Read more...] about Phoenix No. 1 in Home Price Increases for 25 Consecutive Months
Article originally posted on Phoenix Business Journal on September 13, 2021 The Phoenix area is the third fastest-growing large U.S. metro with a below average cost of living, according to a new report by Roofstock Inc. The cost of living in metro Phoenix is 1.3% below the national average, the report says. Between 2017 … [Read more...] about Phoenix now Among Fastest-Growing Affordable U.S. Metros, Report Says
Article originally posted on AZ Big Media on August 20, 2021 Within the United States, both natural population growth and the number of people moving are on the decline in recent years, according to the U.S. Census Bureau. But that doesn’t mean all the country’s towns and cities are experiencing population slowdowns. The city … [Read more...] about Phoenix is No. 1 in U.S. for Population Growth by Numbers
Above: (Photo courtesy of Visit Phoenix, photo by dspaz.com)REAL ESTATE | 20 hours ago | AZ BUSINESS MAGAZINE ATTOM, curator of the nation’s premier property database, today released its second-quarter 2021 U.S. Home Equity & Underwater Report, which shows that 34.4 percent of mortgaged residential properties in the … [Read more...] about Arizona No. 1 as home equity surges across U.S.
S&P Dow Jones Indices (S&P DJI) today released the latest results for the S&P CoreLogic Case-Shiller Indices, the leading measure of U.S. home prices. Data released today for May 2021 show that home prices continue to increase across the U.S. More than 27 years of history are available for the data series, … [Read more...] about Phoenix Leads Nation With 25.9% Home Price Increase
Demolition of Paradise Valley Mall in north Phoenix began July 7, 2021. The first phase of redevelopment at Paradise Valley Mall got underway on Wednesday. Crews began demolishing the former Sears and Macy’s stores at the site at Cactus Road and Tatum Boulevard. Demolition is expected to last through 2021, according to Red … [Read more...] about Demolition Of Phoenix Paradise Valley Mall Underway