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Latest Posts - Real Estate
Steptoe hosts Construction Industry Tax Seminar
Contractors, developers, construction managers, and homebuilders are invited to attend Steptoe & Johnson’s 10th Annual Construction Industry Tax Seminar co-sponsored by the AzBusiness Magazine. Steptoe’s tax lawyers will bring participants an annual update on the latest developments in Arizona’s sales and property taxation. The seminar will take place June 13, … [Continue Reading]
Rebound for Arizona and U.S. Slows Down
Jobs, home prices and population growth are all slowly rebounding in Arizona. However, experts from the W. P. Carey School of Business at Arizona State University say we still have a long way to go, and the automatic federal budget cuts known as the sequester aren’t helping our momentum. The … [Continue Reading]
Luxury market sees 54% drop in short sales
This summary looks at single family homes over $500,000 in all areas of the Northeast Valley, including Scottsdale, Paradise Valley, Fountain Hills, Rio Verde, Arcadia, Biltmore, Cave Creek and Carefree. SUPPLY The supply of active listings offered for sale as of May 1 is 2,222 down 2% from last month … [Continue Reading]
Maracay Invests $4M in Arizona Living Collection
Maracay Homes unveiled a new generation of home designs comprised of forty-six entirely new plans organized into eight separate series as part of their New Arizona Living Collection. A result of over $4 million in investment and more than two years of research and market observation, the new designs address … [Continue Reading]
Phoenix-area Housing Prices Keep Soaring
Home prices continue their upward climb in the Phoenix area, with more momentum expected until at least June. A new report from the W. P. Carey School of Business at Arizona State University reveals the latest information about the Maricopa and Pinal County housing market, as of March: The median … [Continue Reading]
Shea Homes reports steady sales for Q1
Shea Homes saw its sales hold steady through the first quarter of 2013, with its West Valley communities seeing higher than normal sales. Close to two thirds of the sales for Q1 came from Shea’s West Valley communities in Peoria, Buckeye, and Litchfield Park, which is a turn from the … [Continue Reading]
Scottsdale Brokerage Nearly Doubles in Size in 4 Weeks
After making its debut last month, Engel & Völkers Scottsdale, Sandra Wilken Partners has nearly doubled the size of the firm in a matter of four weeks, attracting an additional 12 sales advisors to join the existing team of 17. Interest from local Realtors and brokers began to flood in … [Continue Reading]
Alliance Residential Promotes 2 Key Leaders
AllianceResidential announced the promotions of Tina Makssour-Mortera to senior vice president of performance and Alexis Vance to vice president of marketing. Based in the Phoenix corporate headquarters, both Mortera and Vance oversee a variety of operational efforts for the Alliance portfolio, which covers 24 major metropolitan markets and approximately 63,000 … [Continue Reading]
HomeSmart International Continues Market Share Growth
Real estate firm HomeSmart International recently opened its newest franchise in Seattle, Washington. The nationwide company based in Phoenix, Arizona began franchising in 2011, offering one of the most attractive business models in the real estate industry. HomeSmart provides their Franchise Partners with specific systems and technology that create efficiency … [Continue Reading]
Texas homebuilder Gehan enters Arizona market
Gehan Homes, a Dallas-based homebuilder, announced the grand opening of its first community in Arizona, Hacienda at Greer Ranch in Surprise. One of the top 30 builders in the U.S., Gehan Homes is introducing a new series of homes targeted to the move-up homebuyer. A model home is now open … [Continue Reading]
Realty Executives Phoenix launches new site
Realty Executives Phoenix, one of the largest and most productive real estate brokerages in the nation, announced the launch of a new consumer-focused website at www.RealtyExecutivesPhoenix.com. The web launch marks a unique presence for the brokerage, unlike any other in the company’s nearly 50 year history. Concurrent to the web … [Continue Reading]
Taylor Morrison debuts as publicly traded company
Shares of Taylor Morrison Home Corp. are rising in its debut as a publicly traded company. The homebuilder’s entry on the New York Stock Exchange comes on the same day that another homebuilder filed for an initial public offering, further proof that companies are riding the continued housing recovery back … [Continue Reading]