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Buying your first home can be scary. Here is some information you should know before taking the plunge.
Metro Phoenix is often considered among the more-affordable places to live in the U.S., but a recent flurry of luxury apartment construction in Scottsdale is bucking that trend, with rent in some cases approaching Manhattan prices. Here are five buildings that many would consider pricey.
Single-family homes in metro Phoenix climbed almost 7.2 percent in value in 2017.
Beyond breathtaking, this magnificent estate sizzles with a sensational Sonoran setting deep inside Silverleaf, a distinctive enclave of multi-million-dollar homes cradled in and among the ruggedly gorgeous McDowell Mountains in far North Scottsdale, Arizona.
A shortage of construction workers, like this one working for Meritage Homes Corp., is making it hard for developers to respond to the demand for new homes.
Arizona Diamondbacks pitcher Taijuan Walker buys Paradise Valley house for $2.69 million.
A Phoenix midrise at 24th Street and Camelback Road sold for $100 million on June 14, 2018.
The home has seven bedrooms and 12 bathrooms.
A “scotch and cigar” patio, as the homeowners call it.
The 269-acre parcel, east of 56th Street and north of Deer Valley Drive in Phoenix, was appraised for $54 million.
Paradise Valley house
This Paradise Valley house was sold for $3M by the former U.S. Ambassador to Jamaica
A new national report calls metro Phoenix one of the most overvalued housing markets in the U.S.
Former Arizona Cardinals quarterback Carson Palmer has sold his Paradise Valley house for $2.9 million.
Phoenix-based Camelot Homes won a top industry competition for constructing the best home of the year with a north Scottsdale house in the White Horse community.
Former NFL defensive end Jared Allen and his wife, Amy, sold their north Scottsdale mansion to KB Home CEO Jeffrey Mezger for $10.3 million.
The five-time Pro Bowl player built the 12,500-square-foot stone estate in DC Ranch's posh Silverleaf enclave in 2013. He paid $1.05 million for the land.
The seven-bedroom, 12-bathroom house has a home theater, gym, multiple kitchens and laundry rooms, and a resort-style pool with a lazy river.
The Kansas City Chiefs drafted Allen in 2004. He then played for the Minnesota Vikings from 2008-13 before going to the Chicago Bears and then the Carolina Panthers. He announced his retirement in 2016.
Andrew Bloom of Keller Williams' BVO Luxury Group had the listing and handled the sale.
The Allens moved to to Nashville, Tennessee.
READ MORE: Record home sale: $18.8M mansion in Scottsdale sits on 30 acres
In March, a group called Rimrock Properties paid a record $18.8 million in cash for a 21,000-square-foot mansion situated on 30 acres in Silverleaf, near Allen's former house.
Allen and Mezger also have a connection beyond this house sale.
Allen's Homes for Wounded Warriors foundation raises money to build and remodel houses that are handicap accessible for injured veterans returning home from Iraq and Afghanistan.
Los Angeles-based KB Home is one of the nation's biggest home builders. Last week, Mezger and Bloom co-sponsored Allen's annual charity golf tournament for the Wounded Warrior group at the Arizona Grand Resort.
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