September 2024 – Arizona Ascent

Real Estate

Phoenix Leads in New Home Listings but Faces Decline in Sales

As the housing market continues to fluctuate, August has proven to be a big month for the Phoenix area. According to the latest data from the August RE/MAX National Housing Report, Phoenix is topping a few key benchmarks including new home listings growth, declining closed home sales, increased inventory, and an overall balancing of market conditions. To help navigate and understand these shifts, here’s a breakdown of key trends to watch.

Real Estate

Breaking Ground: Arizona’s Affordable Housing Challenge

Since the pandemic, rent in the Valley has skyrocketed, making affordable housing seem like an elusive dream. Even as rents begin to level off from their peak, the struggle to find affordable living spaces remains a significant challenge for many Arizonans.

Business Spotlight

Naim Cheeseboro’s Eco-Friendly, Splash Bin Journey

We had the privilege of interviewing Naim Cheeseboro, CEO of the company Splash Bins. Cheeseboro was formally noted for his success in high school and college football.

Real Estate

Chandler’s Housing Development: A Community Commitment

On September 9, 2024, Chandler’s City Council held an insightful work session focused on the city’s ongoing efforts to boost residential housing development and adapt to new state housing laws.

Real Estate

Decoding Mortgage Rates: What Arizona Homeowners Need to Know

By Jennifer Conrad, Managing Editor Many Arizonans are curious about how the Federal Reserve’s recent actions will impact mortgage rates. The Fed convened on September 18, 2024, and while its…

Real Estate

Why You Need a REALTOR® in Arizona’s Current Housing Market

Buying a home is one of the most important financial transactions you will make, and it can be daunting, especially in Arizona's current housing market. The process can seem overwhelming with fluctuating interest rates, limited inventory, rising inflation, and industry changes.

Business Spotlight

Home is Where the Heart Is: Adela’s Italian Restaurant

When Adela's Italian Restaurant opened its doors in October of 2014, their mission was simple: serve their community with the highest quality of food, service, and care.

Real Estate

Buckeye Takes the Lead: No. 1 in the U.S. for Homeownership

Buckeye, Arizona, is defying this trend by leading the nation in homeownership, establishing itself as the city with the highest percentage of homeowners in the United States.

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