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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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Tombstone's historic Union High School property for sale
Arizona / / 08/19/14 12:00:02 AM
“We've gotten just a couple of people asking about it, but nothing profound,” said Linda D'Ambrose, realtor for Keller Williams Realty Southern Arizona. The property had gone off the market in 2012 when a potential buyer wanted to turn it into a ...

Arizona's biggest companies faring well
Arizona / / 08/18/14 12:00:02 AM
A couple hundred public corporations call Arizona home. They operate in a range of industries including retailing, technology, homebuilding and power generation. But only about three dozen have critical mass, with a stock-market value above $200 million.

Arizona slow to spend aid for housing
Arizona / / 08/16/14 12:00:01 AM
Arizona was the fastest growing real estate market prior to the crash and Vegas was number two. Arizona has not made an aggressive effort to lure new companies to the state; losing the Tesla plant to Houston. Tech companies from Silicon Valley would be ...

Weeds no more: Local home builders back in action
Arizona / Prescott Daily Courier / 08/14/14 12:00:02 AM
The featured guest at the CAP meeting was Greg Vogel, C.E.O. of Scottsdale-based Land Advisors Organization. The head of the largest undeveloped-land brokerage firm in the country gave a real-estate overview to CAP members, as he did for the last three ...

Tucson man ordered to stop rental, property management
Arizona / / 08/12/14 12:00:02 AM
A Tucson property manager has been ordered to cease and desist after showing negligence and incompetence, an order from the Arizona Department of Real Estate says. The cease-and-desist order says Ronald Dwayne Butler, who did business as Quality ...

Oro Valley land deals lead the way in $34M second quarter
Arizona / Inside Tucson Business / 08/09/14 12:00:02 AM
With 217 permits this June (to June 2013's 211), the annualized total is now at 2,264, according to calculations by Bright Future Real Estate Research's Ginger Kneup in her last Southern Arizona Housing Market Letter. She remained optimistic that the ...

Report: Phoenix housing market in a slump
Arizona / AZFamily / 08/05/14 12:00:02 AM
Then, this June – after three months of almost stagnant prices – the median single-family-home price rose to $211,000. That's up 11 percent from $190,000 in June 2013. However, the report's author says we're not likely to see much more forward movement ...

Street Smarts: Tucson street named for 16th president
Arizona / / 08/05/14 12:00:02 AM
In the Government Heights neighborhood on Tucson's southeast side are President Street and Lincoln Street, both named in 1928 by Evo DeConcini, a real estate developer and one of Tucson's most prominent citizens. DeConcini he went on to serve in the ...

Canadian homebuyers buoy local real estate
Arizona / / 08/04/14 12:00:02 AM
Real estate agent Mark Dziedzic, left, and his client Doug Farley, of Calgary, look over some features of a kitchen in a condominium for sale as Farley hunts for a piece of investment property Friday, Dec. 7, 2007, in Chandler, Ariz. The housing slump ...

Warren: Homebuyer confidence is on the upswing
Arizona / / 07/30/14 12:00:02 AM
He serves on the Board of Directors for the Home Builders Association of Central Arizona and the Greater Phoenix Leadership, as well as the Board of Directors and as an Executive Committee member with the Greater Phoenix Economic Council. ... These ...

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 ...

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