One of
A gigantic apartment complex portfolio and two downtown office buildings were among the largest commercial real estate deals of 2007, marking a year that sizzled in sharp contrast to the downtrodden residential sector. More…
Crystal balls usually are in high demand at year’s end because of a desire to know what the future will hold. This year leaves the business community — and the real estate industry in particular — with even more questions about what’s in store for 2008 and beyond. More…
As the subprime mortgage mess and credit crunch continue to eat big bank and investment firm profits, reverberations are hitting local community banks reliant on the real estate industry. More…
A 107-unit, urban-style townhouse project will go up cater-cornered to Surprise’s spring training stadium. The Lofts at Parkview Place will be part of a 69-acre urban campus surrounding the stadium that combines retail, restaurants, Class-A suburban office space and residential development. More…
The state Department of Real Estate has begun an audit of the records of Re/Max 2000, the Gilbert-based franchise that abruptly closed 13 offices right before Christmas, leaving 350 agents without a broker. More…
More than $111,000 in commissions is owed to the agents who worked for Re/Max 2000, which closed its offices abruptly over the weekend, according to an affected agent. More…
WASHINGTON - Sales of new homes plunged last month to their lowest level in more than 12 years, a grim testament to the problems plaguing the housing sector. More…
One of Arizona’s largest pool builders has taken to the air waves claiming that home buyers are being duped into spending thousands of extra dollars to put swimming pools in their new homes. More…
As bad news goes, May 2006 initially seemed like a hiccup for the construction industry in
The Feb. 28 auction of 205.6 acres in Desert Ridge spells the beginning of the end. More…
The new
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NEW YORK - Cosmopolitan cities such as New York and
“We are in a down time, and many markets that overheated during 2003-2005, such as
Owners of one of the Valley’s largest real-estate brokerages said Monday that there could be life for the franchise despite the immediate decision to close its 13 offices. More…
WASHINGTON - After a slow and stumbling start,
A year ago,
It’s Arizona’s Super Bowl, but Valley cities are competing for their piece of the action, including where the national news networks will stage broadcasts leading up to the February showcase. More…
WASHINGTON - A trade group for home builders said Thursday that home-price declines won’t stop until early 2009, as a lethargic economy and troubled mortgage market drop the bottom even lower. More…