How Does the Current Market Compare to the Housing Bubble?

This year has been a year of relative uncertainty for what lies ahead – with COVID-19 we’re in an unprecedented time. In conversations with people, we’re finding that many consumers are drawing comparisons to 2005, but industry professionals aren’t. They’re…

DR Horton Buys First Chunk of Superstition Vistas Parcel for $245.5m

DR Horton cast the winning bid in a state land auction to purchase the first 2,800 chunk of the Superstition Vistas tract just east of the Eastmark area of Southeast Mesa. The planned Superstition Vistas area is larger than Mesa,…

Town Hall Meeting

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…