Goodyear
REAL ESTATE
5 features selling homes fast in 2024
According to recent data from Redfin, homes in Phoenix sold after an average of 45 days on the market during this year compared to the 37-day average of 2023. If you’re looking to quickly sell your property this summer and minimize the time your property takes to close, consider implementing cost-effective upgrades and installations to increase your home’s aesthetic and financial appeal to home buyers. Here are five features that are selling homes fast in 2024.
Trilogy Investment Announces Construction Start at Rêve at Encanto West Build-to-Rent Community in Phoenix Submarket
AVONDALE, AZ - Trilogy Investment Company, a leader in Build-To-Rent (BTR) community development, announces that site development has commenced at Rêve at Encanto West in Avondale, Arizona, with utility construction underway. This 84-townhome BTR community, developed in collaboration with Cimbra Partners, LLC., represents the first strategic joint venture partnership with Cimbra Partners.
Ahwatukee home sale prices soared in June
Prices are still rising, supply is growing and homes are selling at a quicker rate across the Valley generally, but two of Ahwatukee’s three ZIP codes don’t reflect all three trends, according to data released last week by Phoenix Realtors. While the inventory of re-sale homes and both...
New Townhome Development Planned Near Desert Sky
A new 62-unit townhome development from Zen Investing LLC could soon be coming to the NEC of 81st Avenue and McDowell Road in Phoenix. In its July 1 meeting, Phoenix City Council approved a planned unit development rezoning request for the 4.02-acre site. The project is referred to as the Zen at McDowell Planned Unit Development in the rezoning request and City approval documents and as Zen at Desert Sky in a June pre-application submitted to Phoenix permitting.
Positive signs showing in residential real estate’s challenging market
New listings climbed 15.8% for the first half of 2024 compared to last year, based on the latest data from Phoenix REALTORS. The month-over-month median sales price was up just 1.5%. Days on the Greater Phoenix market dropped over 11% for the year's first half. “It’s still a challenging marketplace...
Housing inventory increases as prices grow, home sales decline
As housing inventory increases, June home sales declined 7.2% from May’s strong showing and were down 11.6% year over year – atypical considering June historically has more sales than May. Across the 50 metro areas surveyed, housing inventory rose 6.7% from May and was up 38.1% over June...
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