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Real estate expert: Valley housing prices likely to continue increasing in 2024 - Vimarsana News

Real estate expert: Valley housing prices likely to continue increasing in 2024

When it comes to the metro Phoenix housing market, 2023 was a slog of a year. The year before began with a frenzied rise in prices, bidding wars and exhausted realtors — until it was all put to a stop by rising interest rates. 2023 then saw fewer listings and the lowest number of home sales since the Great Recession.

Source: kjzz.org
Here's how much rent prices are rising in Phoenix - Vimarsana News

Here's how much rent prices are rising in Phoenix

The consumer price index for rent prices in the Metro Phoenix area has increased by 10% from August 2022 to August 2023, data show.

Foreign, local dignitaries gather in Santa Rosa to celebrate legacy of Kanaye Nagasawa, who became 'wine king' of Fountaingrove - Vimarsana News

Foreign, local dignitaries gather in Santa Rosa to celebrate legacy of Kanaye Nagasawa, who became 'wine king' of Fountaingrove

It was 148 years ago when Kanaye Nagasawa, the first Japanese national to live permanently in the U.S., arrived in Santa Rosa, unknowingly creating a lasting bond between his hometown of Kagoshima, Japan, and the city of Santa Rosa.

How much are revenues really down for short-term rentals? - Vimarsana News

How much are revenues really down for short-term rentals?

Janaya Goselin did a double take when she saw tweets by an out-of-state real-estate consultant that indicated revenue on Airbnb listings decreased sharply in several cities, including Phoenix.

Source: abc15.com
Expert: Phoenix allowing guesthouses on properties 'a good move' - Vimarsana News

Expert: Phoenix allowing guesthouses on properties 'a good move'

The City of Phoenix has moved forward with a plan that will allow “auxiliary dwelling units,” commonly known as guesthouses, to be added to existing properties with a single-family home.

Source: ktar.com