Residents of 85209 and 85212 are invited to attend an online Virtual Town Hall with Councilmember Kevin Thompson and Local Real Estate Expert Kenny Klaus on Wednesday, April 27 at 7PM. They will discuss the status of local development, give…
Why This is Not Like the Last Shift
With all of the volatility in the stock market and uncertainty about the Coronavirus (COVID-19), some are concerned we may be headed for another housing crash like the one we experienced from 2006-2008. The feeling is understandable. Ali Wolf, Director…
Why Prices are Unlikely to Fall
Economist and housing expert Michael Orr commented on the impact of the COVID-19 virus by saying, “A number of people seem to assume that we are heading for a recession and that home prices will fall. The first assumption is…
Maracay pays $10.92M for 172 lots in Mesa
Maracay, a wholly owned company of the TRI Pointe Group (NYSE: TPH), has closed on 127 homesites spread out among two parcels in the third and final residential phase of Cadence at Gateway, a vibrant master-planned community of 464 acres…
Low Inventory Brings Great Opportunities for Sellers in 85209
With fewer homes on the market but with demand above normal, the market is hot and unbalanced in favor of sellers. There are far fewer homes on the market in Phoenix metro than what has been historically normal, but sales…
Rent on the Rise
Take advantage of opportunities to fix your housing payments. Arizona rents are on the rise. Over the past fifteen years, rents in 85209 have nearly doubled, but in a more recent spike in rents nationwide, rent increases in Phoenix Metro…
How You Can Take Advantage of Lower Interest Rates
The trade war in China is providing some opportunities for homebuyers and homeowners in 85209. Wall Street showed anxiety this summer over trade tensions and a slowing in growth, and as a result, long term bond yields dropped. Homeowners with…
Aerospace Company bringing 75 workers to The Landing at PMG
CAVU Aerospace is adding to its facilities in Germany, Arkansas, New Mexico, California, and Goodyear Arizona by locating a new $5m facility at The Landing at PMG, just north of Phoenix-Mesa Gateway Airport. CAVU’s Mesa facility will be home to…
State Approves Mesa Annexation for New Development at 202 and Elliot
Governor Doug Ducey, Attorney General Mark Brnovich, and State Treasurer Kimberly Yee have approved the annexation of State Trust Land on either side of the Loop 202 near Elliot Road, allowing the City of Mesa to annex 640 acres. This…
Final Large Parcel Along US-60 Sells for $12.7m
The final large parcel of land along the US-60 in East Mesa has sold for $12.7 million. The 70 acre parcel on the northwest corner of Signal Butte and US-60 extends to the new Grande Vita community to the west…
