Arizona Real Estate Informer

New home sales up, but weakness persists

NEW YORK (CNNMoney.com) -- New home sales posted the first gain in five months in August, the government said Wednesday, but the report also indicated further weakness in the housing market in the form of lower prices from a year earlier. More...

Rising land costs wedge homes into smaller lots

As land costs continue to rise, a type of urban housing more common in densely populated cities in the East, California and Europe is showing up more in the Valley, even in suburban communities such as Ahwatukee Foothills, Avondale, Chandler and Gilbert. More...

Valley's priciest home sales

$8,000,000.  Carole Ferris Kroeger, an artist from St. Louis, sold her Paradise Valley home. A foreign limited-liability company paid cash for the home originally built in 1955.  More...

Falling mortgage rates can do only so much

NEW YORK (CNNMoney.com) -- Low mortgage rates were a big factor driving the housing boom of the past few years and their climb was expected to play a big role in the market's undoing. But now rates are sliding again - is it time to breathe a sigh of relief? More...

Existing Home Sales Fall For 5th Month

The National Association of Realtors reported Monday that existing home sales slipped by 0.5 percent to a seasonally adjusted annual rate of 6.30 million units. More...

Median U.S. Home Prices Fall

Sales of previously owned homes in the U.S. fell less than expected in August, as prices fell compared with a year earlier, the National Association of Realtors said Monday. More...

Goodyear OKs rezoning of Wood farmland

The commission on Wednesday voted 7-0 in favor of rezoning the Wood family's land from agricultural to planned area development. Developers plan to create an "urban main street" and "urban campus," weaving together shops, restaurants, housing, offices and entertainment venues. More...

Seller's presence at inspection creates distress

The casting of participants at a home inspection can sometimes be very touchy, depending upon the personalities involved. There are no set rules that determine whether sellers should be absent or present during an inspection, and scenarios vary widely. More...

44th, Camelback redeveloped?

A developer wants to demolish an old office park along Phoenix's Camelback Corridor and turn the site into a high-end residential, retail, hotel and office project called Camelsquare at 44th. More...

Mesa praises Morrison Ranch proposal

A family tradition of farming property in southeast Mesa and Gilbert for 80 years is disappearing quickly as cotton fields turn into houses. More...