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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More Valley Home Buyers Looking for Multigenerational Living Space

By Angela Gonzales | Phoenix Business Journal A tight housing supply during the coronavirus pandemic is causing home shoppers to look for more affordable ways to get parents, grandparents and grandchildren all together under one roof. Building a casita in the backyard of an existing home is one way to go, but each city has …

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Valley Homebuilders Can’t Build Fast Enough; Sales Up in August

By Angela Gonzales | Phoenix Business Journal Local analysts see a bright future for the Phoenix housing market, as August turned out to be a solid month for new home construction. In August, homebuilders closed 2,107 sales, up 9.11% from the same month a year earlier. They pulled 2,537 permits in August, up 25.28% from …

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