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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SAAR Serves 3 of Top 10 Cities with Highest Escrow Prices

By Angela Gonzales | Phoenix Business Journal It’s no surprise the region’s highest-priced homes are in the East Valley, but a couple of cities in the West Valley are among those with the highest escrow closing prices. RL Brown, founder of HomeBuilders Marketing Inc., identified the top 10 metro Phoenix cities with the highest escrow …

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