Arizona Real Estate & Housing News

Stock photo of a worker hammering at a construction site. A dallas-based homebuilder recently close...
Angela Gonzales/Phoenix Business Journal

Landsea plans 90-home gated community on newly purchased Mesa land

Dallas-based Landsea Homes Corp. just closed on a 14.5-acre parcel in Mesa, with plans to create a gated community with 90 homes.
2 days ago
An aerial view map shows where a homebuilder bought a former golf course site in Glendale at 55th a...
Angela Gonzales/Phoenix Business Journal

Shuttered Glendale golf course site sold to Denver homebuilder for cash

Richmond American Homes of Arizona Inc. paid $28.64 million for land that was once home to a golf course in Glendale.
3 days ago
Affordable housing project in Wickenburg...
Serena O'Sullivan

Construction starts on Maricopa County-funded affordable housing project

Construction officially began for an affordable housing project in Wickenburg last week, officials announced.
7 days ago
The city of El Mirage is increasing its housing availability with the addition of five affordable s...
KTAR.com

5 affordable single-family homes to be developed in El Mirage due to federal grant

A West Valley city is increasing its housing availability with the addition of five affordable single-family homes, officials announced.
7 days ago
Stretching 541 feet skyward, the Astra will be the tallest tower in Arizona. (Aspirant Development ...
Angela Gonzales/Phoenix Business Journal

Arizona’s tallest apartment tower finally on track to start construction

Aspirant Development has unveiled new architectural renderings of what is slated to become Arizona's tallest tower.
8 days ago
Housing program...
Nick Borgia

Gov. Katie Hobbs announces new $13M housing program

Gov. Katie Hobbs and the Arizona Department of Housing (ADOH) announced a new housing program on Friday, called "Arizona is Home."
10 days ago
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KTAR Video

Video: Arizona realtor’s experience with squatters

Squatting nightmares continue for Arizona realtors and one Valley realtor shares his experience on the Chris & Joe Show. Video: Jeremy Schnell and Felisa Cárdenas/KTAR News
10 days ago
Maricopa County District 4 Supervisor Clint Hickman (Maricopa County Photo)...
Damon Allred

Maricopa County to add nearly $800,000 into Avondale affordable housing investment

The Maricopa County Board of Supervisors agreed on Wednesday to provide an additional $796,326 to an affordable housing project in Avondale.
22 days ago
short-term rentals in Scottsdale...
Serena O'Sullivan

Scottsdale leaders ask public to share opinions on short-term rental ordinance

A proposed ordinance may limit short-term rentals in Scottsdale, according to a Tuesday announcement from city officials.
1 month ago
Arizona Gov. Katie Hobbs is seen using a veto stamp on an immigration bill on March 4, 2024. She ve...
Kevin Stone

Gov. Katie Hobbs vetoes Arizona Starter Homes Act, which drew pushback from cities

Arizona Gov. Katie Hobbs on Monday vetoed a housing reform bill that would have prevented local governments from regulating home designs and lot sizes.
1 month ago
(Russ Lyon Sotheby’s International Realty Photo)...
KTAR.com

Picturesque estate in Prescott listed for $5 million price tag

A picturesque home in Prescott was listed on the market for $5 million and features miles of views of the Prescott National Forest.
1 month ago
Construction of the second phase of X Phoenix halted last fall. (Jim Poulin/Phoenix Business Journa...
Angela Gonzales/Phoenix Business Journal

Thousands of new downtown Phoenix apartments are coming to ‘weird market’

About 2,400 apartment units are under construction in downtown Phoenix, putting the submarket in danger of being overbuilt.
1 month ago
The Northpointe subdivision in Vistancia is poised for growth. (Peoria Economic Development photo)...
KTAR.com

Homebuilders purchase 450 acres of land in Peoria’s Vistancia Northpointe

A home development group has purchased 450 acres of land in Peoria's Vistancia Northpointe as the community prepares for further growth.
1 month ago
New data shows home affordability is not what it used to be in metro Phoenix. (Jim Poulin/Phoenix B...
Angela Gonzales/Phoenix Business Journal

Arizona now one of 10 least affordable states for homebuyers, new data shows

Long known for affordable housing, Arizona is now among the top 10 list of least affordable states, according to data compiled by BestBrokers.
2 months ago
Affordable apartment units to go up in Glendale for families, seniors...
Serena O'Sullivan

Developer breaks ground on affordable apartment units for families, seniors in Glendale

Developer Dominium held a groundbreaking for 605 affordable apartment units for families and seniors in Glendale on Tuesday.
2 months ago
A sign reading "for lease" is seen in the foreground with a house behind it...
Kevin Stone

Arizona AG accuses landlords of illegally conspiring to raise rents in Phoenix, Tucson areas

Arizona's attorney general filed a lawsuit Wednesday accusing multiple companies of illegally conspiring to fix rent prices in Phoenix and Tucson.
2 months ago
Will middle-class Americans be able to afford homes in this economy?...
KTAR.com

Valley economist discusses shrinking middle class, housing and inflation

Why is the middle class shrinking? Is the U.S. economy growing? Valley economist Jim Rounds answered these questions on Monday.
2 months ago
Saiya, at First Avenue and McKinley Street in the Roosevelt Row area, had its last beam placed on t...
KTAR.com

Downtown Phoenix apartment tower Saiya reaches construction milestone

A downtown Phoenix high-rise apartment tower that has been under construction for nearly two years recently reached a milestone ahead of its anticipated summer opening.
2 months ago
(AZHF photo)...
Damon Allred

Grant-funded transitional housing project opens at motel in northern Arizona

A Travelodge motel in northern Arizona has become a grant-funded transitional housing project called JoJo's Place.
2 months ago
The Gilbert estate, listed for $20 million, has a go-kart track and a 6,000-square-foot man cave. (...
Danny Shapiro

Gilbert estate with go-kart track, 6,000-square-foot man cave listed for $20 million

Have a spare $20 million lying around? If so, there's a Gilbert estate that has a go-kart track, a 6,000-square-foot man cave and much more that just hit the market.
2 months ago
HopeTech is an affordable housing complex to help provide shelter for foster students who have aged...
Colton Krolak

EVIT to open HopeTech housing complex in Mesa for students aging out of foster system

The East Valley Institute of Technology is opening a housing complex so foster students aging out of the system can continue their studies.
2 months ago
Follow @iamdamonallred...
Damon Allred

Scottsdale mansion with private ice skating rink listed for $12.5 million

A 12,000-square foot home in the Arcadia Silverleaf community in north Scottsdale was listed for $12.5 million, highlighted by an ice rink.
2 months ago
Follow @iamdamonallred...
Damon Allred

Optima partners with MFA for new Scottsdale residential development

Development firm Optima has started construction on its newest residential development in Arizona called Optima McDowell Mountain Village.
3 months ago
Split image with a construction site on the left and rendering of The Residences on Main in Mesa on...
Kevin Stone

Chicanos Por La Causa building mixed-used development in Mesa

A nonprofit community development group held a groundbreaking ceremony last week for a new mixed-use project in Mesa.
3 months ago