El Mirage
REAL ESTATE
RE/MAX Fine Properties sells most expensive home in Peoria
RE/MAX Fine Properties managing partner Jamie Wong announced the selling of the most expensive home in Peoria to date for more than $5.2 million, located at 8035 W. Expedition Way. This is the third record-selling home for Wong, and also the largest home sold in Peoria. “It’s been an honor...
AZ Briefing: How to afford a home in metro Phoenix; Arizonans reflect on Donald Trump guilty verdict; Weekend I-17 closures
Good morning, Arizona. Here's what our reporters are working on and what you should know before you start your day. Metro Phoenix home prices rose in April. The median home price for the area climbed $5,000 from March to almost $450,000. Higher interest rates and prices are making it hard to buy a...
One of nation’s top lenders launches ‘Zero Down Mortgage’ program to help homebuyers
PHOENIX (AZFamily) — Buying a home these days seems harder than ever, with home prices sky-high and interest rates around 7%. Gregg and Gloriela Dubner want to move to Phoenix from New Jersey to be close to their son, Daren, and their parents, Dave and Judi. But finding an affordable home in the Phoenix metro area has not been easy.
Build-to-rent communities surge in Phoenix amid high home interest rates
High mortgage interest rates are pushing prospective homebuyers to consider build-to-rent communities instead. Build-to-rent (BTR) communities with single-family home rentals fill the space between traditional rental properties and housing developments. They are constructed with the renter, not the buyer, in mind, and the target market includes young individuals and those who want a more home-like feel as opposed to an apartment lifestyle.
Glendale selling former Glen Lakes pro shop to commercial developer for nearly $1M
Real estate developer SimonCRE cleared the first step in acquiring the last vacant portion of Glendale’s shuttered Glen Lakes Golf Course this week. City leaders approved a purchase and sale agreement on Tuesday with the Scottsdale-based development company, which is looking to buy the roughly 1.5-acre property for $965,000. ...
Phoenix ranks No. 3 for increase in number of newly listed homes
April, the gateway to what are traditionally the busiest months for home sales, has set the stage nicely with closings increasing 11.2% over March and 9.0% over last April. Sales have increased month over month since February. And Phoenix is setting the stage for a busy run, ranking No. 3 for increase in number of newly listed homes.
Newmark sells iconic 3200 Central building in Midtown Phoenix
Newmark has arranged the sale of 3200 Central, a landmark high-rise office building in the heart of Midtown Phoenix, for an undisclosed amount. Newmark Executive Managing Directors Barry Gabel, Chris Marchildon and CJ Osbrink represented the seller, DPC. “3200 Central is a fully renovated, centrally located office building with wonderful...
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