Arizona Real Estate Informer

Mortgage rates fell for sixth straight week

Long-term mortgage rates fell for the sixth consecutive week this week.  Freddie Mac says the average 30-year fixed-rate mortgage was 6.44 percent, down from 6.48 percent last week. A year ago, 30-year mortgages averaged just 5.71 percent.  More...

Mid-rises to go up near medical center

A groundbreaking is scheduled 4 p.m. Thursday for two five-story retail-office buildings near the Santan Freeway and Val Vista Drive, near Mercy Gilbert Medical Center.  More...

Lien against stalled hotel-condo up another $1.5 mil

The general contractor of the stalled Elevation Chandler project has recorded a mechanic's lien worth $5.8 million, the amount the company is owed from developer Jeff Cline. More...

Valley's priciest home sales

A couple of Valley executives are among the buyers and sellers of this week's priciest home sales. $3,000,000.  More...

New life for Glendale

Condominiums, offices and shops will soon rise from the former site of a decaying central Glendale lumberyard. Just blocks away, new businesses will be built where a senior care center once stood. More...

Builders filling demand for Queen Creek offices

Office developers have big plans for Queen Creek. More than 700,000 square feet of office and industrial space is on the drawing board for the rapidly growing area, catching up on a shortage of space for those seeking to locate businesses there. More...

Home sellers learn to face reality

With about a six-month supply of homes on the market, Realtors need to be "brutally honest" with home sellers today, agents were told at a panel discussion that examined the current real estate market. More...

Dilapidated buildings giving way to new ones in Glendale

Condominiums, offices and shops will soon rise from the former site of a decaying central Glendale lumberyard. Just blocks away, new businesses will be built where a senior care center once stood.
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Cave Creek optimistic about annexation of state trust land

CAVE CREEK - Despite obstacles, Cave Creek officials are confident that a long-awaited annexation that would increase the town's size by one-third will happen in the coming months.   More...

Valley may lose big business to buildout

Higher land and construction costs, a slower city approval process and shrinking vacancy rates for industrial space are causing some East Valley economic development leaders to worry the area may miss out on high-profile industries and the financial spillover they bring.  More...