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E M A I L U S AT N E W S T I P S @ A R I Z O N A R E P U B L I C . C O M O R C A L L U S AT 6 0 2 - 4 4 4 - N E W S ( 6 3 9 7 )
New-home sales get a big boost Demand is up 22 percent; rising prices not far behind
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ising interest rates, and the expectation home prices will rise soon, spurred a lot more people to buy new houses in metro Phoenix during the
past month. ¶ It’s a nice boost for the Valley’s homebuild-
REAGOR ON REAL ing market that’s still recovering from the housing ESTATE CATHERINE crash. ¶ New-home sales were up 22 percent in the PhoeREAGOR
nix area, reports Belfiore Real Estate Consulting. ¶ “Demand for new homes is healthy,” housing expert Jim Belfiore told me. “Between mid-April and -May, more new homes sold in the Valley than any other period in the past decade.”
See REAGOR, Page 3R JENNA KENDLE/USA TODAY NETWORK
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BLUE, AZ | 673 Beaver Creek Road | BY APPOINTMENT ONLY
MAGNIFICENT HUNTER’S PARADISE. This stunning cabin MLS# - 5602186 is nestled in the cool, four-season White Mountains high country Bedrooms - 5 near Alpine. Five huge bedrooms, five baths spread across a main house and guest house. Ultra-comfortable retreat in prime hunting Bathrooms - 5 Section 27, an area rich w/wildlife: elk, wolves, foxes, turkeys, Pool - No etc.; also close to lakes, rivers and fishing habitats. Great room Sq. Ft. - 3,994 w/vaulted, wide-planked wood ceiling, soaring split-stone wall. ZIP Code - 85922 Tall glass windows and doors open to expansive stargazing porch overlooking towering pine trees. Gorgeous modern kitchen w/ Online Pics - BaldwinTeam.com chef-quality gas range. Gated private drive. Enormous garage Price - $1,300,000 space. Furnished except for a few personal items. Additional 17 acres available. Visit tourfactory.com/1782807. Inside: details, directions. Logo on pasteboard
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