Arizona Real Estate & Housing News

Saddleback, a $1 billion community in Peoria, recently revealed its debut collection of model homes ahead of its first residents moving in this summer.

KYLIE WERNER

Saddleback community in Peoria unveils debut model home collection

DMB's sale of 308 lots at its Verrado master-planned community in Buckeye represents the largest lot sale so far in 2026.

ANGELA GONZALES/PHOENIX BUSINESS JOURNAL

Scottsdale developer DMB sells off 308 home lots in Buckeye

The city of Surprise earned second place in a WalletHub study that ranked the best and worst cities in the United States for first-time homebuyers.

KYLIE WERNER

Valley takes 4 of top 10 spots in ranking of best US cities for 1st-time homebuyers

A Paradise Valley estate has shattered the record for the most expensive home sale in Arizona history. (Lux Image by Colton Simon)

DAVID VEENSTRA

Paradise Valley estate with shooting range, go-kart track sells for state record $40M

DAMON ALLRED

Construction begins on Modera City North luxury apartments in Phoenix’s Desert Ridge area

Scottsdale ranked as the best rental market in the nation, driven by top scores for job availability and quality of life. (Carolyn Cole / Los Angeles Times via Getty Images)

DAVID IVERSEN

Arizona cities sweep top spots in national rental market rankings

AZ joins lawsuit against HUD over cap on housing funds

SERENA O'SULLIVAN

Arizona AG: ‘Tens of thousands’ could face eviction if courts don’t block HUD caps on housing funds

The Latest

KTAR.COM | Jun 29, 2026
Firm linked to data centers signs 1.1 million square-foot West Valley lease

An artificial intelligence firm that is backing a slew of data centers being built across the country signed on to lease over a million square feet at an industrial park next to Luke Air Force Base in Glendale.
DAVID IVERSEN | Jun 25, 2026
Sen. Mark Kelly accuses Trump of holding housing bill ‘hostage’ over voting legislation

Sen. Mark Kelly says Trump is holding a bipartisan housing bill hostage by tying it to the SAVE America Act, a voting bill he says would disenfranchise Arizonans.
KEVIN STONE | Jun 24, 2026
3 Arizona Republicans, including 2 running for governor, vote against bipartisan housing bill

Three Arizona Republicans, including two who want to be the state’s next governor, voted against a bipartisan congressional bill that aims to reduce housing costs.
ANGELA GONZALES/PHOENIX BUSINESS JOURNAL | Jun 22, 2026
Denver builder withdraws from Metrocenter redevelopment project

Oakwood Homes has withdrawn from the $850 million Metrocenter redevelopment project, with a replacement builder expected to be named next week.
ANGELA GONZALES/PHOENIX BUSINESS JOURNAL | Jun 20, 2026
Two giant homebuilders close on $63M state land buy in Peoria

Tri Pointe Homes and PulteGroup have closed on the final parcel of land at the 1,200-acre Aloravita master-planned community in Peoria.
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DAVID VEENSTRA | Jun 17, 2026
Arizona’s 1st JdV and Unscripted Hyatt hotels open in East Valley

A Phoenix-based hospitality firm is expanding its Valley footprint with the opening of two new-to-market hotel concepts in Scottsdale and Mesa.
DAMON ALLRED | Jun 11, 2026
Chandler opens 1st public housing units converted through HUD program

Chandler on Tuesday opened its first development converted into public housing through HUD's RAD program.
SERENA O'SULLIVAN | Jun 11, 2026
New build-to-rent community opens in Surprise

A new build-to-rent community in Surprise called Estia at Zanjero Trails is officially welcoming residents, especially those who love dogs.
HELENA WEGNER/PHOENIX BUSINESS JOURNAL | Jun 8, 2026
One Camelback opens for pre-leasing as luxury apartment conversion nears completion

One Camelback has hit another milestone as the 11-story glass tower is now more than 90% completed and available for pre-leasing.
DAVID VEENSTRA | May 31, 2026
Luxury senior living community Mojave Sage coming to Queen Creek area

Mojave Sage, a new luxury senior living community, is slated to break ground in the southeast Valley to help meet the growing demand for elderly care.
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KYLIE WERNER | May 29, 2026
Sedona’s stunning ‘Luna Rossa’ estate sells for $5.7 million

A Sedona home known as "Luna Rossa" or "Red Moon" recently sold for $5.7 million after being put on the market last month for almost $6 million.
SERENA O'SULLIVAN | May 27, 2026
Maricopa County launches program to help renters avoid eviction

Maricopa County officials are launching a new pilot program to help renters who have fallen behind on payments and are at risk of being evicted.
HEIDI HOMMEL | May 27, 2026
Arizona judge sides with homebuilders in dispute over state groundwater supply requirements

Arizona homebuilders recently scored a legal win in their lawsuit over state groundwater requirements, paving the way for new development.
DAVID VEENSTRA | May 24, 2026
New Avondale housing development slated to open by summer 2027

One of North America’s largest homebuilders is expanding its footprint in Avondale with a multi-million-dollar land acquisition.
DAMON ALLRED | May 22, 2026
Luxury residential tower with 24 stories, retail space breaks ground near downtown Phoenix

A 24-story tower in central Phoenix offering luxury residences and retail broke ground on Thursday, project officials announced.
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KYLIE WERNER | May 19, 2026
Hackberry Silver Mine property in Arizona sells for $10M

Hackberry Silver Mine, a property that played a role in Arizona's mining history, recently sold for $10 million after going under contract only seven days after it being put on the market.
HAILEY MENSIK/PHOENIX BUSINESS JOURNAL | May 8, 2026
Mack Real Estate targets massive swath of state land next to Halo Vista

Mack Real Estate wants a 1,473-acre parcel that's directly west of the company's $7 billion Halo Vista master-planned mixed-use project.
SERENA O'SULLIVAN | May 5, 2026
Waitlist for new Chandler affordable housing project to be filled through lottery

A new affordable housing waitlist is now open in Chandler for Villas on McQueen, a development near McQueen Road and East Trails End Place.
ANGELA GONZALES/PHOENIX BUSINESS JOURNAL | May 3, 2026
PulteGroup plans 80 townhomes near TSMC’s $165B Phoenix plant

PulteGroup Inc., an Atlanta-based homebuilder, plans to build a townhome community in north Phoenix near the TSMC's $165 billion plant.
KYLIE WERNER | May 1, 2026
Sprawling Paradise Valley estate with shooting range, go-kart track listed for $40M

A home in Paradise Valley that has a shooting range, go-kart track and theater as just a few of its many features was listed for $40 million last month.
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KYLIE WERNER | Apr 29, 2026
Stunning Sedona home known as ‘Luna Rossa’ listed for nearly $6M

A home in Sedona that is known as "Luna Rossa" or "Red Moon" was recently put on the market for almost $6 million.
MELODY BIRKETT | Apr 29, 2026
Realtors group says Phoenix housing market sees historic shift in buyers’ favor

Valley house hunters are holding the cards as rising supply and flat demand flip the Phoenix-metro housing market in favor of buyers.
DAVID IVERSEN | Apr 29, 2026
Gov. Katie Hobbs joins groundbreaking for 168-unit affordable housing project in south Phoenix

Gov. Katie Hobbs joined partners to break ground on Salt River Flats 2, a 168-unit affordable housing project in south Phoenix.
COLTON KROLAK | Apr 29, 2026
A Valley-led housing trend is at risk of grinding to a halt

A congressional bill on housing affordability could stall the rapid growth of BTR units, a rental housing trend Phoenix has helped lead nationwide.
ANGELA GONZALES/PHOENIX BUSINESS JOURNAL | Apr 27, 2026
Chef Joey Maggiore lists his freshly refurbished Scottsdale home for $4.5M

Joey Maggiore, chef and owner of The Maggiore Group, has listed his newly refurbished Scottsdale home for $4.5 million.