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Metro Phoenix office market vacancy rate drops

Greater Phoenix office vacancy dropped to 15.2% in Q2 due to nearly 700,000 sq ft converted to industrial use. Tenant demand improved, with 286,309 sq ft net absorption, led by Class A buildings. Rental rates rose slightly, especially in Class A assets, while sublease...
Happy Halloween

Happy Halloween

Halloween falls on October 31 because the ancient Gaelic festival of Samhain, considered the earliest known root of Halloween, occurred on this day. In the eighth century, Pope Gregory III designated November 1 as a time to praise all saints. Soon, All Saints'...
Median Price Hits $500K in Phoenix

Median Price Hits $500K in Phoenix

Phoenix sold 792 single-family homes in September 2025, up ≈ 4.1% year-over-year. Median sold price in Phoenix was $500,000, up ~2% from September 2024. Average sold price in Phoenix was about $637,489, roughly a 4.3% year-over-year gain. Homes in Phoenix took 78 days...

What states have the most new construction in housing?

Texas, Florida, and California lead in total new housing permits, while Idaho, North Carolina, and South Carolina top per capita new construction. The South dominates new housing growth, driven by population influx, job growth, and favorable land and zoning...
Arizona Rentals Stay Hot for Investors in 2025

Arizona Rentals Stay Hot for Investors in 2025

Property values continue rising across Arizona. Investors gain from strong rental yields. Landlord rules support income growth strategies. Efficient lease enforcement reduces investment risks. Fast-moving markets reward proactive...

Tips for First Time Homebuyers

Buying a home can be stressful, especially for first-time buyers. It's essential to prepare by understanding costs like down payments, closing costs, and home inspections. Start saving by reviewing your budget and consider setting aside a mock mortgage payment...