Real Estate News

Scottsdale fails to grab home buyers' interest

While Valleywide home sales posted their first year-to-year increase since 2005 last month, sales in Scottsdale are still lagging. Experts say that's because available loans are mostly for lower-priced homes, which are more plentiful in the south East Valley than in Scottsdale, where median home values surpass the half-million-dollar mark.

Gilbert homes marketed as vacation rentals

Gilbert, a vacation retreat? Homes in the community, known for its family-friendly, small-town feel, have been going on the market in recent months as vacation rentals.

Mesa buyers camp out for deals on new homes

There are some happy campers in northeast Mesa. A couple of dozen homebuyers are camping out at the Mountain Bridge development at McKellips and Hawes roads to be first in line to buy lots and homes that go on sale Saturday morning.

Skeptics cautious about April home-sale uptick

The Valley’s ailing housing market showed a glimmer of life last month with existing home sales posting the first year-over-year gain since July 2005. Some 5,585 resale homes were sold in April — up from 4,855 a year ago, an Arizona State University report shows.

GRAPHIC: View current East Valley existing home sales

House features shift along with market

Forget the formal living room and dining room or huge backyard.

Builders lock onto new materials to help boost ‘green’ quotient

When a homeowner imagines his new house rising from the ground, he likely pictures walls made of wood, not lightweight, polystyrene foam blocks.

ADOT holding mass auction of property

The Arizona Department of Transportation is holding its first-ever mass auction of property left over following construction of freeways.

More builder auctions coming to Valley

A growing number of Valley builders are trying to entice buyers with a more unconventional sales tactic - the auction - in an ongoing effort to unload excess houses.

Misty Williams on Real Estate

Real estate agents give help in declining market

When Brent Hammonds left the mental health field to become a real estate agent in 2001, he worried about losing the altruism he felt in helping people work through their troubles.

Office developers are thriving in key areas of the E.V.

After years of rampant housing growth, some East Valley communities are playing catch-up when it comes to providing basic business services, such as medical offices.