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
Arizona Real Estate
With TSMC, Intel Investing Billions, Chips Could be Arizona’s Sixth C
President Joe Biden tours the building site for a new computer chip plant for Taiwan Semiconductor Manufacturing Company, Tuesday, Dec. 6, 2022, in Phoenix. (AP Photo/Patrick Semansky) PHOENIX — There’s been a C change of sorts in Arizona’s economy, which has long been known for copper, cattle, cotton, citrus and … [Read more...] about With TSMC, Intel Investing Billions, Chips Could be Arizona’s Sixth C
Here’s why Arizona Economy is Forecast to Outperform U.S.
Shifting economic winds are buffeting the Arizona economy. The labor market remains very tight, with low unemployment, high levels of labor market churn, and a mountain of open jobs. Retail sales have slowed but remain surprisingly resilient. At the same time, income gains are more than offset by inflation while rising mortgage … [Read more...] about Here’s why Arizona Economy is Forecast to Outperform U.S.
TWO PHOENIX SUBURBS LAND ON LIST OF BEST CITIES FOR FAMILIES
Scottsdale and Chandler are ranked among the top 20 cities for families with children, according to a recent study by StorageCafe. The company examined the 100 most populous cities in the U.S. and ranked them in several categories, including affordability, schools, safety, recreation opportunities and other socio-economic … [Read more...] about TWO PHOENIX SUBURBS LAND ON LIST OF BEST CITIES FOR FAMILIES
Here’s How Data Shows Phoenix Housing Market Is ‘Normalizing’
The Phoenix housing market is normalizing. That is the message shared by Phoenix REALTORS, one of the foremost industry experts serving more than 11,000 real estate sales professionals Valley-wide, as the organization released the latest market data from Sept. 2022. Based on the most recent ARMLS data, which … [Read more...] about Here’s How Data Shows Phoenix Housing Market Is ‘Normalizing’
Phoenix stands out as one of best markets for real estate investment over the last 10 years
A 10-year analysis of median residential real estate prices shows which cities have been best for home investment, and the Phoenix area is No. 2 in the percentage growth rankings. Point2Homes examined sales data from 2011 to 2021 for the largest 187 metro areas in the U.S. and found median price increases in every market, … [Read more...] about Phoenix stands out as one of best markets for real estate investment over the last 10 years
New North Scottsdale Listing in Gated Community at 7365 E Adele CT, Scottsdale AZ 85255
Located in the gorgeous gated neighborhood of Los Portones, this incredible 2X6 constructed Pulte Home was completely remodeled in 2021 and checks ALL the boxes! Offering a wealth of high-design features and charm in a turn-key package for the discerning buyer. This incredible bright and open floorplan features vaulted ceilings … [Read more...] about New North Scottsdale Listing in Gated Community at 7365 E Adele CT, Scottsdale AZ 85255
Arizona is No. 6 Hottest Market for New Residential Construction
A new study shows Arizona is the No. 6 hottest market for new residential construction despite home affordability in the U.S. falling to the lowest levels ever recorded after plummeting by 29% over the last year. Given the 2008 financial crisis was largely due to a housing bubble, housing metrics are more important than ever as … [Read more...] about Arizona is No. 6 Hottest Market for New Residential Construction