article thumbnail

Boise, Phoenix Prep for Big Changes Ahead After Years of Record Home Sales

Pro Builder

Boise, Phoenix Prep for Big Changes Ahead After Years of Record Home Sales. Overpriced metros like Boise and Phoenix are seeing prices drop, sales slow, and inventory levels surge amid a major market cooldown. Mon, 07/18/2022 - 10:17. The nation's hottest housing markets aren't so hot anymore.

Phoenix 52
article thumbnail

Home Prices Rise at the Fastest Rate on Record

Pro Builder

After nearly two years of relentless gains, home-price growth gradually decelerated in the fall of 2021, but constrained inventory and uninhibited demand led to sharp price increases at the start of 2022.

Tampa 105
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Is a U.S. Housing Bubble About to Pop?

Pro Builder

Just how drastic those changes are depends on housing inventory and the trajectory of mortgage rates, Realtor.com reports.

Housing 52
article thumbnail

Top Three Metros With the Fastest Rising Home Prices

Pro Builder

There are three metros that outpaced the national and 20-city averages: Phoenix, Seattle, and San Diego. Phoenix home prices increased by 13.8% Phoenix experienced the largest price increase for the 18th consecutive month with a 13.8% Looking at the nation as a whole, home prices were 9.5% compared to November 2019.

Metro 52
article thumbnail

Builder of the Year Ivory Homes' Innovation Agenda

Pro Builder

Those that have reached out include Anchorage, Alaska, which sought help managing a growing local homeless population spurred by the pandemic, and Lava Hot Springs, Idaho, which wants to provide incentives for builders to replenish its housing stock after most of it was bought up by “tech nomads” during the last 20 months.

article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

Inventory is exempt from property tax. Naval Air Facility in Goodyear, now known as Phoenix/Goodyear Airport, was designated as an MRZ. Bond proceeds cannot be used for working capital or inventory. No personal property or inventory taxes. In December 2002, the former U.S. See www.doleta.gov/business/incentives/opptax/.

Income 108