Luxury Homes Selling Quickly at The Phoenician

By Angela Gonzales | Phoenix Business Journal Homes at a new residential community on what formerly was a golf course at The Phoenician are selling like hot cakes. Scottsdale-based Cullum Homes and Canada-based Replay Destinations are seeing success at the new Ascent at The Phoenician community, where they are building luxury condominiums and custom homes. …

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Canadian Developer, Scottsdale Homebuilder Buy Prime Parcel

By Angela Gonzales | Phoenix Business Journal A Canadian developer that builds luxury homes in top resort areas around the world has bought land at The Phoenician to build luxury condominiums, and has sold a portion of that land to Scottsdale-based Cullum Homes, which will build custom homes on the site. In a deal that …

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National Builder Debuts New Home Office Designs in Phoenix

By Angela Gonzales | Phoenix Business Journal Rod Cullum, president of Scottsdale-based custom homebuilder Cullum Homes, said that he is seeing more wealthy buyers ask for multiple home offices in new builds, as well as other upgrades related to the new norm of working from home. Los Angeles-based KB Home is debuting a home office …

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Custom Home Lot Sales Going Strong in Metro Phoenix

By Angela Gonzales | Phoenix Business Journal More than 100 custom home lots priced above $1 million have been sold in metro Phoenix during the past 12 months, and COVID-19 doesn’t seem to be impacting sales so far, according to data compiled exclusively for Phoenix Business Journal. Research by RL Brown Housing Markets shows 101 …

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April Not as Painful as Expected for Valley Homebuilders

By Angela Gonzales | Phoenix Business Journal While homebuilders were expecting a strong selling season this spring before COVID-19 hit, the impact of stay-at-home orders wasn’t as painful as expected as they pivoted to offer virtual and appointment-only tours. From entry-level to luxury properties, homebuilders experienced better April sales than they did in March, when …

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