Commercial Real Estate & Business News – July 22, 2024

The State of Commercial Real Estate in Arizona and What to Expect in the Future

Industrial development in Greater Phoenix has seen an impressive growth streak in recent years, with an unprecedented amount of investment coming to the Valley. Other sectors, such as retail and office, have struggled in the post-pandemic landscape, with some…»

Dream Finders Homes Enters Phoenix Market with Two Giant Land Buys

A Florida homebuilder is making its Arizona debut with the purchase of nearly 300 lots on opposite ends of metro Phoenix. Dream Finders Homes Inc. (NYSE: DFH) secured the last piece of Phase IV at Bella Vista Farms master-planned community in San Tan Valley…»

Largest-Selling US Homebuilder Boosts Use of Incentives To Counter Higher Mortgage Rates

D.R. Horton, the nation’s highest-selling homebuilder, is increasing its use of incentives and cutting prices to ease the concern of buyers in a market reeling from elevated mortgage rates. One of the most common incentives used by the Arlington, Texas-based builder and other…»

What Experts Predict for Metro Phoenix Construction Industry

The Metro Phoenix construction industry has enjoyed an impressive growth streak since the pandemic, with mega-projects underway in the Valley that are changing the economy of the state. AZRE magazine sat down with the following members of the…»

A Plan to End the Housing Shortage in Just Five Years

According to numerous estimates, the US is massively short of housing. Zillow, for instance, says America needs to build 4.5 million new homes to climb out of this deficit. But right now we’re not coming anywhere near to closing that gap. And in fact, the efforts by…»