Latest headlines from Southwest commercial real estate news sites we trust to deliver timely and relevant articles.
Real Estate – Rose Law Group Reporter
Your source for news that matters to Arizona
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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 [...]
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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 [...]
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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 [...]
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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)
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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.
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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.
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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.
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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.