Scottsdale Sees Single-Family Building Permit Increase

By Angela Gonzales | Phoenix Business Journal Scottsdale was one of only four municipalities that reported an increase in single-family permits issued between January and the end of September. The homebuilding industry is taking a hit as rising mortgage interest rates are causing buyers to hit the pause button. As a result, Phoenix-area homebuilders have …

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Valley Homebuilders Scramble to Secure Water Sources

By Angela Gonzales | Phoenix Business Journal As drought conditions worsen across the Southwest, some Valley homebuilders are running into problems securing a water supply for their projects. That’s because the Arizona Department of Water Resources — the state agency that issues water certificates — is changing certain groundwater models, causing some developments to come …

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Single-Family Homebuilding Permits in Valley Jump in 2021

By Angela Gonzales | Phoenix Business Journal Homebuilders still can’t build homes fast enough to keep up with demand in metro Phoenix. Municipalities across metro Phoenix issued 9% more single-family permits to homebuilders in 2021 than they did in 2020, according to the Home Builders Association of Central Arizona. While one city showed 80% growth …

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Single-Family Homebuilding Permits Dip Again in Metro Phoenix

By Angela Gonzales | Phoenix Business Journal While single-family homebuilding permits in metro Phoenix have been down this summer, they’re still a whopping 27% higher than this time last year. Valley municipalities issued 22,535 homebuilding permits between January and August, up from 17,759 during the same period in 2020, according to the Home Builders Association …

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July Homebuilding Permits Take Dip as Valley Market Cools

By Angela Gonzales | Phoenix Business Journal Single-family homebuilding permits in July dipped a bit compared with July 2020, an indication the Valley’s housing market cooled a bit over the summer. Nonetheless, overall permits are up 32% year to date through July, with some Phoenix metro cities seeing triple-digit percentage increases. Between January and July, …

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Arizona Appeals Court Affirms Implied Homebuyer Warranties

By Howard Fischer | Daily Independent Home builders can’t escape their legal responsibility to create “habitable” houses by instead giving buyers a different kind of warranty, the state Court of Appeals has ruled. In a new ruling, the judges acknowledged Tina Zambrano signed an agreement with Scott Homes Development Co. that provided for a “limited …

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New Permits Surge in July for Valley Homebuilders

By Angela Gonzales | Phoenix Business Journal Homebuilders around the Valley have increased the number of single-family building permits pulled for the third-straight month, shaking off the effects of the coronavirus that stalled growth in the spring. Meritage Homes Corp. pulled the most single-family building permits in July around the Valley, according to RL Brown …

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Valley Homebuilders Commit to More Construction

By Angela Gonzales | Phoenix Business Journal Homebuilders are pulling more single-family building permits than they did this time last year, according to new data released by the Home Builders Association of Central Arizona. From January through April, homebuilders pulled 8,680 permits, an 11% increase over the same period during 2019, according to HBACA. Avondale …

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Valley Single-Family Permits Surge, Hot Spots Emerge

By Angela Gonzales | Phoenix Business Journal Homebuilders pulled 9% more single-family building permits in 2019 than they did during 2018, according to data released by the Home Builders Association of Central Arizona. In 2019, homebuilders pulled 24,476 single-family building permits. That was above the 22,437 permits they pulled in 2018, according to HBACA. Here …

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In October, Valley Homebuilders Pulled Most New Permits Since 2007

By Angela Gonzales | Phoenix Business Journal Homebuilders can’t keep pace with demand for housing in metro Phoenix as more people continue to move to the Valley and unemployment is the lowest it’s been in a decade. The Home Builders Association of Central Arizona released its October 2019 single-family building permits data that shows the …

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