Some Buyers Prefer Smaller Homes

Over the past year, we’ve had plenty of opportunities to reflect on what we consider most important in our lives. The place we call home is one of the biggest things many of us are reevaluating. George Ratiu, Senior Economist…

4 Major Reasons Households in Forbearance Won’t Lose Their Homes to Foreclosure

There has been a lot of discussion as to what will happen once the 2.3 million households currently in forbearance no longer have the protection of the program. Some assume there could potentially be millions of foreclosures ready to hit…

Multigenerational Housing Is Gaining Momentum [INFOGRAPHIC]

Some Highlights If your house is feeling a little cramped with the addition of adult children or aging parents, it might be time to consider a move-up into a multigenerational home that better suits your changing needs. With benefits that…

New Generation Builder to debut in Mesa for 135-home neighborhood

Construction will break ground on Element at Eastmark for a 135 single-family detached neighborhood. Opening and sales is planned to start this summer.    Spacious two-story homes designed in Mediterranean and Contemporary Farmhouses with an area ranging from 1,559 to 1,965…

Homeownership Is Full of Financial Benefits

A Fannie Mae survey recently revealed some of the most highly-rated benefits of homeownership, which continue to be key drivers in today’s power-packed housing market. Here are the top four financial benefits of owning a home according to consumer respondents:…

Latest Jobs Report: What Does It Mean for You & the Housing Market?

Last Friday, the Bureau of Labor Statistics released a very encouraging jobs report. The economy gained 916,000 jobs in March – well above expert projections of 650,000 to 675,000. The unemployment rate fell again and is now at 6%. What…

Don’t Sell on Your Own Just Because It’s a Sellers’ Market

In a sellers’ market, some homeowners might be tempted to try to sell their house on their own (known as For Sale By Owner, or FSBO) instead of working with a trusted real estate professional. When the inventory of homes…

Why This is Still Not Like the Last Shift

Last May, we shared with you why the current market is not like the last shift. As Covid ramped up last March, many involved in the residential housing industry feared the market would be crushed under the pressure of a…

Town Council approves residential community project – northeast Gilbert

Developer Lennar Arizona proposed a community project for 476 homes covering an area of 94.2 acres near Recker and Warner roads. Town Council already approved Phase 2 of Warner Meadows for 163 townhomes.  Project proposals had been rejected over the…

Fulton Homes begins 550-acre master-planned community for 1,700 homes

Considered as Arizona’s largest homebuilder, Fulton Homes had started building on a 550-acre community to reside 1,700 homes with 114 acres of open spaces. There will be recreational activities such as catch and release fishing, small boat launching and many more due…