3 Things Home Buyers Should Know About the New Lending Reform Law

On Thursday, President Donald Trump signed legislation rolling back some of the lending restrictions enacted in response to the housing boom and bust. While the new law doesn't entirely do away with those financial reforms, it does have some significant implications for home buyers.

Read more... https://www.realtor.com/news/real-estate-news/home-buyers-know-about-new-lending-reform-law/

Priciest of the year: Phoenix mid-rise sells for $100 million

A Phoenix office tower, located at the prime intersection of 24th Street and Camelback Road, has sold for $100 million. It's the priciest Arizona office sale so far in 2018.

Read more https://www.azcentral.com/story/money/real-estate/catherine-reagor/2018/06/15/phoenix-midrise-sells-100-million-priciest-office-sale/703934002/

Bike-sharing companies' Phoenix-area growth leads to abandoned bikes

Managers of dockless bike-share services say they've seen exponential growth since two companies arrived in the city late last year, and they're addressing the main complaint: bikes ditched where they shouldn't be.

Read more... https://www.azcentral.com/story/news/local/scottsdale/2018/06/16/bike-sharing-companies-growth-phoenix-scottsdale-brings-abandoned-bikes/682238002/

FHA loans fall in metro Phoenix, but that may be good for Millennials

Many real-estate agents, lenders and home sellers are seeing more Millennials purchasing their first house in the Phoenix area.

Read more... https://www.azcentral.com/story/money/real-estate/catherine-reagor/2018/06/17/fha-loans-first-time-homebuyers-decline-metro-phoenix-millennials-housing-market-arizona/694498002/

Mesa approves lease to bring ASU to its downtown

Mesa's City Council approved a 99-year lease agreement Monday night that will bring Arizona State University to the city's downtown.

Read more... https://www.azcentral.com/story/news/local/mesa/2018/06/04/mesa-approves-lease-bring-asu-its-downtown/670028002/

Central Phoenix Mercedes dealership property turned into new apartments

The longtime midtown Phoenix home of Arizona's first Mercedes dealership has sprouted new apartments.

Read more... https://www.azcentral.com/story/money/real-estate/catherine-reagor/2018/06/08/parc-midtown-apartments-replace-central-phoenix-mercedes-dealership/675490002/