1/17/2022 7:00:00 AM +00:00

If you bought a house in Phoenix a year ago for $500,000, it’d already be worth $661,000 thanks to the area’s 32.35% year-over-year home price increase. The Phoenix metro area has become one of the fastest-growing areas in the U.S., with a 1.62% population growth and 27% rent increase from 2020 to 2021. With thousands of Californians and New Yorkers migrating to the greater Phoenix area, the rental rates have soared. Supply is low while demand is record-high — creating the ideal conditions…

1/17/2022 5:14:03 AM +00:00

The hard, maple benches in the gallery of the UDF trial are as comfortable as concrete church pews. The days are longer than The Godfather trilogy spliced together. The testimony from the witness stand can be excruciatingly boring. Then, suddenly, it isn’t. The charges in this white-collar showdown are serious and the stakes are high.

1/16/2022 9:52:07 PM +00:00

A firm led by J. Christopher Burch, a Bryn Mawr native and co-founder of the Tory Burch fashion label, flipped a waterfront mansion on the Venetian Islands in Miami for $11.5 million. King of Prussia, Pennsylvania-based 9 Kings Capital LLC, managed by Burch, sold the 5,114-square-foot home at 1335 N. Venetian Way to the Venetian Personal Trust with BNY Mellon Trust as trustee. It’s not clear who owns the trust. Fabio Lopes and Felise Eber of Jills Zeder Group of Coldwell Banker listed the home,…

1/16/2022 1:00:00 PM +00:00

A unique Germantown property that includes a custom-built Mediterranean-style home and a 14-stall heated equestrian barn is on the market for $1.75 million. Get a look inside the 4,818-square-foot home, which has three bedrooms, seven bathrooms and 28 pairs of floor-to-ceiling French doors throughout the home, leading to panoramic views of the sprawling property.

1/15/2022 11:53:39 PM +00:00

From inventory to prices, here are several factors to keep an eye on in 2022.

1/15/2022 4:38:52 AM +00:00

Shifting money from one investment fund to another within the same family of funds in order to pay distributions to investors isn’t proper, a former director of embattled United Development Funding testified Friday in the trial of four top company executives charged with securities fraud and conspiracy.

1/15/2022 12:37:33 AM +00:00

The winner will get $50,000 — and the city will get an unsolicited proposal for the site.

1/15/2022 12:05:57 AM +00:00

Bob Moser guided Laird Norton Wealth Management through the Great Recession as well as the early days of the pandemic before retiring in 2020.

1/14/2022 11:37:42 PM +00:00

The 2,315 condominiums sold in 2021 marked a 70.1% increase over the 1,361 condos sold in 2020.

1/14/2022 11:19:21 PM +00:00

Housing affordability, the fate of office work and the demand for industrial space in Phoenix were among the themes covered during an economic forecast event on Jan. 14. Here are the experts' economic predictions.