Arizona Real Estate & Housing News

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."
2 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.
14 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.
24 days 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.
27 days 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.
28 days 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.
28 days 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.
28 days 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.
1 month 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.
2 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.
2 months ago
Custom home enclave to open in the town of Paradise Valley...
Serena O'Sullivan

8 custom home lots up for grabs in Paradise Valley

Arizonans can now build their own homes in Paradise Valley thanks to the town council's decision to approve a custom home enclave.
3 months ago
Image shows interior of a tiny home....
SuElen Rivera

Dozens of tiny homes to be built in Glendale for veterans facing challenges

Glendale is moving forward with plans to build a village of over four dozen tiny homes by 2026 for veterans facing challenges.
3 months ago
This 1.05-acre vacant parcel in Phoenix near Camelback Mountain sold for a record price for that pa...
Angela Gonzales/Phoenix Business Journal

Sale of 1-acre lot in Phoenix’s Arcadia neighborhood breaks record — again

After paying a record-breaking $4.75 million for a 1.05-acre vacant lot in the Arcadia neighborhood of Phoenix back in 2022, a California investor turned around and sold it for $5.2 million.
3 months ago
Aerial view of the Estrella master-planned community in Goodyear, Arizona...
Kevin Stone

2 homebuilders buy 30-plus acres of finished lots in West Valley community

Two homebuilders recently purchased more than 30 acres of finished lots in the West Valley in separate deals totaling over $18 million.
3 months ago
Follow @suelenrivera...
SuElen Rivera

About $89M going to affordable housing projects in Arizona and to combat homelessness

Nearly $90 million in funding was awarded to affordable housing projects across the state and to combat homelessness.
3 months ago
Goodyear seniors to get $2 million in affordable housing funding...
Serena O'Sullivan

Goodyear seniors to get $2 million in affordable housing funding

The Maricopa County Board of Supervisors on Wednesday approved an agreement that allocates $2 million for a new affordable housing development for Goodyear seniors.
3 months ago