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Real Estate – Rose Law Group Reporter
Your source for news that matters to Arizona
Housing market seeing potential early COVID rebound, impact not as harsh
by Staff on May 29, 2020 at 5:05 pm
Twitter By Mike Sunnucks | Rose Law Group Reporter Regional real estate expert Jim Belfiore said the housing market saw a 40 percent drop in new homes sales the past 60 days — and that may be the bottom point of the impact of COVID-19. “I think that is the bottom that we hit,” said [...]
National homebuilder goes all in on Phoenix
by Staff on May 29, 2020 at 4:55 pm
By Angela Gonzales | Phoenix Business Journal At a time when Hovnanian Enterprises Inc. (NYSE: HOV) is rightsizing its assets nationwide, the New Jersey-based homebuilder is bullish on metro Phoenix. The company is phasing out of the Chicago market as it sells through its existing communities, according to a May 19 regulatory filing with the [...]
Bigfoot sighting: Creature appears to lurk in listing photos
by Staff on May 29, 2020 at 4:51 pm
Daniel Oster Real Estate Realtor Magazine | National Association of Realtors Daniel Oster, a real estate pro with Coldwell Banker Realty, wants to make consumers browsing pictures of his luxury listing in California’s Santa Cruz Mountains do a double-take. If they do, they’ve probably spotted Bigfoot. Bigfoot appears in the property photos for the $999,000 [...]
Maricopa County reports increase in building permit submissions
by Staff on May 29, 2020 at 4:38 pm
Independent Newsmedia | Yourvalley.net Data from the Maricopa County Planning and Development Department shows some encouraging signs for the nation’s fastest-growing county. Building permit submissions are up substantially year-over-year, with a greater percentage of these being completed online, according to a release. Planning and Development reports 1,371 permit applications were submitted in April 2020 compared to 1,141 in April 2019, a 20% increase, the release states. Permit [...]
Globe St. – Southwest
Commercial Real Estate News (CRE)
COVID-19 Will Drive Changes in Industrial Real Estate
on May 29, 2020 at 12:46 pm
Companies may shift from a lean-inventory strategy and position more safety stock around the country, a move that calls for additional storage space and not necessarily just in the short term.
Expect a Brand New Retail Experience Post-COVID-19
on May 29, 2020 at 12:34 pm
Change, rather than tolling the death knell for the sector, is exactly what will keep retail alive and vibrant.
As Employees Return to the Office Communicate, But Don't Overpromise
on May 29, 2020 at 12:23 pm
As people come back to work, they need to know about your cleaning procedures and air quality.
US Banks Weigh Options About Employees as Economy Reopens
on May 29, 2020 at 12:06 pm
As states prepare to reopen certain businesses in the US, the country's largest banks consider whether to keep employees remote or return to their offices while adhering to safety protocols.