Bapchule
REAL ESTATE
Buyers paid $45M cash for metro Phoenix's 5 priciest homes sold in late June
Buyers spent almost $45,000,000 in cash on metro Phoenix’s priciest houses to sell during the final week of June. Doctors, a lawyer and a real estate agent were among the buyers and sellers. $12,500,000 Delaware LLC Sunshine Bay paid cash for a 14,396-square-foot Paradise Valley mansion. The listing did not provide information about the...
Typical metro Phoenix homebuyers need $186,000 down payment, Zillow says
A metro Phoenix household earning the median income needs a 40% down payment to afford a home purchase, according to Zillow. That's because higher home prices and interest rates have outpaced income gains. Zillow's median household income for Phoenix was about $91,300. ...
Phoenix Homebuilding soars amid rising interest rates
In the metro Phoenix area, homebuilding has been on the rise. According to housing research firm RL Brown Reports, permits to build new houses are up almost 57% through May, compared to last year’s numbers. The new house prices in the Phoenix area have remained steady, up less than...
Phoenix Lease Report, July 8-12, 2024
PHOENIX, AZ (July 15, 2024) - NAI Horizon professionals facilitated leases totaling more than 27,000 square feet with the following leases this week in metro Phoenix. Matt Harper, CCIM represented the landlord, BS Gordon Holdings, LLC in a 120-month retail lease for 3,055 SF at 7280 W. Bell Road, Glendale, AZ. The tenant, Winpin 85 Investments, LLC, was represented by Chuck Wells with Kidder Mathews.
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