Commercial Real Estate & Business News – May 30, 2023
Homebuilders Set to Construct 2,700 homes in West Valley Community Three national homebuilders are working their way through planning and zoning to add 2,700 more homes in Surprise. Last summer, they chipped in to pay $111.7 million for an 836-acre parcel of vacant land at the Asante master-planned community near…» Leasing Momentum and Optimism Abound […]
Commercial Real Estate & Business News – May 26, 2023
Arizona is Home to 2 of the 15 Fastest-Growing Cities in U.S. Large cities have populations of 50,000 or more, based on the May 18 U.S. Census Bureau population estimate release for cities and towns. Population increases in Texas dominated the top 15 fastest-growing large cities in the U.S., with six cities taking spots…» Developer […]
Commercial Real Estate & Business News – May 25, 2023
Fed Uncertain About More Rate Hikes, Minutes Show Federal Reserve officials indicated significant uncertainty over the path forward for monetary policy, minutes from their May 2-3 meeting show. Central bank officials acknowledged a need to keep their options open as they debated whether to keep raising interest…» Retail Industry Remains Optimistic, With Low Vacancies and […]
Commercial Real Estate & Business News – May 24, 2023
Arizona, other Southwest States Agree on New Colorado River Water Plan Arizona and six other Southwest states that rely on water from the Colorado River have agreed to a new usage proposal, the Biden administration announced Monday. Arizona, Colorado, California, Nevada, New Mexico, Utah and Wyoming have submitted the plan to the…» Here’s why Data […]
Commercial Real Estate & Business News – May 19, 2023
Phoenix One of just Two Places Nationally where Single-Family Rents have Dipped The Valley was one of only two markets in the nation where monthly rents have declined for single-family homes, according to a new report. The Phoenix and Las Vegas metros both showed a decline in monthly rents of single-family homes, each reporting a […]
Commercial Real Estate & Business News – May 18, 2023
Walker Webcast: The Economy, The Fed and The Real Estate Impact Q1 2023 has had its share of economic-related news, from bank failures to continued increases in the Effective Federal Fund Rates (EFFR). During the May 10, 2023 edition of the Walker Webcast, Walker & Dunlop Chairman and CEO Willy Walker hosted a panel of […]