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Housing Crisis in the Making? Industry Experts Offer Predictions on Valley Residential Market

The skyrocketing growth in the Valley’s residential real estate market is expected to continue through 2021, as homebuilders furiously buy land to build more homes to keep up with insatiable…

Written by John Sposato

March 17, 2021

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Lumber prices sink below $1,000 for the first time since March, now down 40% since May’s record high

Lumber prices traded below $1,000 per thousand board feet on Monday for the first time since March.Lumber futures are now down roughly 40% from a record high set on May…

Written by John Sposato

June 16, 2021

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Paradise Valley and developer of $2 billion Ritz-Carlton project settle lawsuit

After nearly a year of litigation, the town of Paradise Valley and the developer of a $2 billion real estate project have reached a settlement agreement. The dispute was over…

Written by John Sposato

June 16, 2021

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Microsoft opens new data center hub based in West Valley

Microsoft Corp. has opened a new sustainable data center region, its first in Arizona, the tech giant announced on Tuesday. The region called “West US 3” is a cloud-based data…

Written by John Sposato

June 16, 2021

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Micro ‘estates’ under construction to bring home affordability to Tempe

In an effort to provide affordable housing units, Tempe-based Newtown Community Development Corp. teamed up with Phoenix-based 180 Degrees Design + Build to develop a community of micro homes in…

Written by John Sposato

June 16, 2021

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Should Buyers Wait to Buy?

Should Buyers Wait to Buy?Median Sales Price $390K, up 32% from 2020 For Buyers:There’s a lot of conflicting advice for buyers online these days, and there’s no shortage of headlines…

Written by John Sposato

June 16, 2021

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June Market Video Update: Housing Inventory

Written by John Sposato

June 16, 2021

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Federal technology bill could mean billions for Arizona companies and universities

Earlier this week the U.S. Innovation and Competition Act passed in the Senate and Arizona leaders say that if this bill becomes law, it will have a decades-long impact on…

Written by John Sposato

June 11, 2021

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The new frontier: Loop 303 changes the development game for Glendale

Glendale, along with neighboring Goodyear, is a leader in industrial construction in the Valley, leveraging available land and its West Valley location. But the city’s growth and development also has…

Written by John Sposato

June 11, 2021

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Ramsey vs. eXp: The coaching company takes aim at the brokerage

Ramsey Solutions has given eXp Realty agents a startling choice: Switch brokerages or stop getting leads from the well-known coaching firm Well-known business coach Dave Ramsey and his company appear…

Written by John Sposato

June 11, 2021

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Barry Habib on Hot Housing Market

Barry Habib on Hot Housing Market – National Real Estate Post

Written by John Sposato

June 11, 2021

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