Friday, May 20, 2016

Downtown Phoenix condo market ready to rocket

Jeweler Joel Starkman is the first resident at Coronado Commons, a complex of 20 townhouse-style homes under construction in central Phoenix.

About a mile away, the Portland on the Park condo project downtown has sold more than half of 149 units well before its opening, expected by the end of the year.

Read more. ..http://www.azcentral.com/story/news/local/phoenix/2016/05/04/phoenix-sale-market-ready-boom-/83625228/

Shipping containers offer welcome homes in Phoenix

PHOENIX (AP) — A stack of shipping containers sitting in a lot in an industrial section of Phoenix has some developers thinking inside the box.

The structures usually used to transport cargo have been transformed into eight apartments. Scuff marks, old serial numbers and shipping company logos remain, but a look inside each unit reveals a 740-square-foot modern home.

Read more... http://bigstory.ap.org/article/13ca87f00b89401690e08fa7f2bea2ab/shipping-containers-offer-welcome-homes-phoenix

Affordable metro Phoenix areas are beginning to recover as buyers look farther out

Home prices in many metro Phoenix neighborhoods could finally fully recover from the crash this year, or at least get very close.

Last year was much better for rising home values in the Valley than 2014, according to Street Scout Home Values, an annual analysis of metro Phoenix's housing market done with The Information Market.

Read more... http://www.azcentral.com/story/money/real-estate/catherine-reagor/2016/04/29/affordable-metro-phoenix-areas-beginning-recover-buyers-look-farther-out/83606266/

Millennials, Boomers, retirees, boomerang buyers all boosting metro Phoenix's housing market again

Millennials Billy Day and Jessica Simms saw their rent jump in central Scottsdale last year. The couple decided to look for a home in the area near their favorite restaurants and places to hang out that they could afford to buy.

Read more... http://www.azcentral.com/story/money/real-estate/catherine-reagor/2016/04/29/millennials-boomers-retirees-boomerang-buyers-all-boosting-metro-phoenixs-housing-market-again/83401842/

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