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As a real estate school committed to excellence, we believe it is our responsibility to provide information on national and Arizona real estate trends and developments. We constantly update our news database with national and Arizona real estate news to help educate and inform both our students and the public.
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Tucson housing market stays flat in June
Arizona / Inside Tucson Business / 07/26/14 12:00:01 AM
GFM Realty 2, LLC purchased the new Dollar General store at 9950 S. Nogales Highway from DCM Development Company, LLC for $1,670,588.00. The property consists of a 9,100 square-foot building on 63,598 square feet of land. Dave Hammack of Volk ...

Health company to move into Rivulon in Gilbert
Arizona / / 07/21/14 12:00:01 AM
One of the most important real estate developments in Gilbert recently agreed to house the office of an Arizona-based health company and, in essence, start construction on the project. Nationwide Realty Investors announced on July 17 that Isagenix ...

Prosper Marketplace plans office in Phoenix
Arizona / / 07/12/14 12:00:04 AM
Broome said Prosper Marketplace offers an online database where individual lenders can choose from people looking for funding for everything from small-business loans to money to cover wedding costs or home improvements. Prosper Marketplace plans to ...

Tucson approves community construction plan
Arizona / Inside Tucson Business / 07/12/14 12:00:02 AM
After working for several months with Tucson's Alliance of Construction Trades, the city council last month approved the addition of the “Community Construction Participation Plan” to the list of qualifications for developers looking to secure one of ...

Maracay Homes acquired by TRI Pointe Homes
Arizona / Inside Tucson Business / 07/08/14 12:00:02 AM
Phoenix-based Maracay Homes has combined with TRI Pointe Homes, Inc. as part of the merger between TRI Pointe and Weyerhaeuser Real Estate Company (WRECO), which counts Maracay Homes in its family of builders. ... “Having built a stellar reputation for ...

Historic Rancho de Las Lomas up for sale
Arizona / / 07/06/14 12:00:02 AM
But what might happen if a buyer decided to raze the existing buildings and put up a high-density housing development? Is there anything to prevent that? The real-estate agent in charge of the sale, Nicole Brulé-Fisher, said a high-density development ...

Arizona has yet to recover pre-recession job level
Arizona / AZFamily / 07/03/14 12:00:02 AM
Professor Lee McPheters of the W.P. Carey School of Business says Arizona is regaining its jobs so slowly because its construction industry was hit hard by the recession. He expects construction to pick up as Arizona's population grows, helping the ...

Police: Gilbert homeowner says body is her dead mother
Arizona / / 07/02/14 12:00:02 AM
The bizarre case unfolded Saturday when a locksmith and a real-estate agent arrived at the house in the 500 block of East Leah Lane and went to the back door to change a lock. After finding the door ajar, they entered the house, which they believed had ...

Median home prices climb slightly, permit volume took expected drop in May
Arizona / Inside Tucson Business / 06/28/14 12:00:02 AM
Tucson's residential resale market saw minor declines in unit sales, total sales volume and new and active listings from April to May, but the median home price climbed slightly. With 1,215 homes selling for a combined $248.5 million last month, versus ...

Prescott homes selling faster, and for more money
Arizona / Prescott Daily Courier / 06/27/14 12:00:04 AM
And, according to Weaver, the days on market figure is 100 days, down 12 percent from last year. It's another good trend, Weaver said. Six or seven years ago, homes were taking nearly a year to sell, "back in the dark days where there was a lot of ...

FAA, developers clash over tall buildings
Arizona / / 06/27/14 12:00:02 AM
WASHINGTON (AP) — The government wants to dramatically reduce the allowable height of potentially thousands of buildings near airports around the country — a proposal that is drawing fire from real estate developers, local officials and members of ...

Chandler-based theater company sends Ahwatukee resident to Broadway
Arizona / / 06/23/14 12:00:03 AM
Just a month and a half earlier, a fire had destroyed Okawa's house. She had been using her home as a base for Copperstar's props and costumes. “Our home was a total loss. We had storage from years and years of theater in our garage and in our home, ...

Harney: Some search firms offer makeup of neighborhoods
Arizona / / 06/21/14 12:00:02 AM
Though the firm is a licensed real estate broker, “we don't practice real estate — you can't buy a house on the site,” he noted. Portions of NeighborhoodScout's data are free but for certain “advanced search” content such as “race and ethnicity,” home ...

Downtown Gilbert humming to a new beat
Arizona / / 06/18/14 12:00:01 AM
Description: An Arizona mini-chain known for its Chicago-style pizza. ... Drawing crowds are new eateries such as Postino East, Joyride Taco House and So Cal Fish Taco Co., which join favorites like Liberty Market, Farmhouse Restaurant, Oregano's Pizza ...

Presidential checklist: jockeying for position
Arizona / / 06/14/14 12:00:05 AM
Ryan: Yes, headlined Manchester fundraiser in February for former House colleague. Canceled October 2013 visit because of government shutdown. Santorum: Yes, March speech to Northeast Republican Leadership Conference marked his return to a state ...

Home equity making a healthy rebound — for most owners
Arizona / / 06/14/14 12:00:05 AM
2014-06-13T00:00:00Z Home equity making a healthy rebound — for most ownersKENNETH R. HARNEY Washington Post Writers Group Arizona Daily Star. 12 hours ago ... It's your home equity — the difference between the market value of your house and whatever ...

Phoenix home-price increases stall as sales fall
Arizona / / 06/14/14 12:00:02 AM
Metro Phoenix home sales prices flattened out in April, one of the prime months for the area's housing market. And the ... Metro Phoenix home-sales prices flattened out in April, when the median sales price of a Valley home was $205,000 in April, the ...

Many seek new homes near cities but are priced out
Arizona / AZFamily / 06/12/14 12:00:02 AM
The Phoenix lawyer moved downtown a few months ago into a new $389,000 home with a warehouse-style floor plan, a Jacuzzi tub and kitchen counters made of Caesarstone quartz. His favorite coffee spot is three blocks away. When the Arizona ...

Condo market returns to downtown Phoenix
Arizona / / 06/10/14 12:00:02 AM
The move to build condos is a continuation of increased interest in living downtown, said Tom Simplot, president and CEO of the Arizona Multihousing Association. The city and private sector often speak of the need for more market-rate housing downtown.

Real estate company expects to tear down Elevation Chandler project by early ...
Arizona / / 06/10/14 12:00:02 AM
However Houston-based international real estate firm, Hines Interests Limited Partnership, is interested in purchasing the land for roughly $20 million and replacing the six-story frame with Chandler Viridian — a $150 million mixed use development ...

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