Arizona Real Estate Informer

How Much Home $1 Million Buys

A million dollars was once a measure of immense wealth in the U.S. It was a sum attainable by only a few and could buy a hilltop mansion, a city penthouse or a waterfront manor.   More...

As the Market Cools, Is Now the Time to Buy?

Sales of existing homes edged up 0.3% in March to an annual rate of 6.92 million units. But the number of homes on the market is climbing: Total housing inventory rose 7% to a record 3.19 million units in late March, a 5.5-month supply.  More...

30-Year Mortgage Rates Rise for 5th Week

Mortgage giant Freddie Mac said rates on 30-year, fixed-rate mortgages averaged 6.58 percent this week, up from 6.53 percent last week.  More...

Home permits drop in March

The Valley housing market took a hit in March, but activity still remains at comparatively high levels, according to housing experts.  More...

New-home sales figures fell significantly in March

Metropolitan Phoenix's new-home market took a slide last month as builders struggled to unload speculative homes, offered incentives to lure buyers and dealt with the effects of rising interest rates.  More...

Residents upset by power-line routes

Marc Sapp isn't too happy with the possibility of high-voltage transmission wires running by his home.

Arizona Public Service Co. proposes a 25-mile, 500-kilovolt overhead power line that starts from a new substation in north Peoria and ends at Pinnacle Peak and Scottsdale roads in Phoenix. The line is needed to provide power for new homes.  More...

Real estate dinosaurs still roam the earth

Do you follow up on your e-mails promptly? Are you advertising using pay-per-click? Do you conduct digital transactions? Do you use transaction-tracking platform? Are your lead generation and lead follow-up systems automated? Do you know about Oodle, Trulia and Zillow? Do you use text messaging? If not, you may be on the verge of becoming a real estate dinosaur.   More...

Today's the last day to appeal notice of property valuation

Midnight today is the deadline for Maricopa County property owners who would like to appeal their latest property valuation.  More...

State Land Department puts off auctions for key pieces of property

The Arizona State Land Department has delayed the auctions for a few key properties in Scottsdale, including a 129-acre parcel zoned for industrial-park development northeast of Bell Road and Loop 101.   More...

Scottsdale Place building is sold

SCOTTSDALE - Principal Life Insurance Co. of Des Moines, Iowa, has sold a 10,975-square-foot building at Scottsdale Place, 5705 N. Scottsdale Road, for $2.1 million.   More...