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
Arizona Real Estate
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
Metro Phoenix homebuyers won’t get a reprieve from rising prices anytime soon as competition for houses heats up again. The Valley’s housing market isn’t expected to be as frenzied as it was in 2021, but prices are on track to keep steadily climbing until probably May, according to real estate analysts. The median home price … [Read more...] about Metro Phoenix’s Housing Market is Still Hot. When Will it Cool Down?
Near-record December home sales cemented 2021 as the busiest year for home buying in the 14-year history of the RE/MAX National Housing Report, while also setting records for smallest inventory and highest average home prices. On an annual basis, 2021 finished with nearly 10% more home sales than the previous record year of … [Read more...] about Phoenix Leads Nation to Busiest Year Ever for Home Buying