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With so many of us working and doing schoolwork at home full-time due to COVID-19 social distancing guidelines, we may notice something we never have before – the frequency of drones flying over our property. 

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It’s a stark good news, bad news story. The good: The lowest mortgage rates in recorded history are motivating many would-be home buyers and refinancing homeowners to seek out a loan. The bad: Amid the economic upheaval caused by the novel coronavirus, it’s become significantly more difficul…

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While experts say it’s still too early to tell how the pandemic and resulting economic meltdown are affecting the housing market’s long-term prospects, no one seems to be advising buyers that better days are ahead.

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The Ahwatukee market remained strong in April despite the reports of a downward trend in the national real estate market due to the impact of the Corona Virus.

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Herb is in the market for a new home and his Realtor found the perfect one. It’s priced right on the money, it’s move-in ready, and there’s even an American flag in the front yard, but there is one big problem.  

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The lingering scarcity of Valley homes for sale continues to bedevil homebuyers, keeping home values where they’ve been before the pandemic-fueled economic meltdown, experts say.

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When Nicholas Dahl, 36, called Chase Bank to find out about his options for mortgage forbearance, an automated voice informed him the wait time would be 43 hours and 45 minutes. 

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As a self-described “Ahwatukee boy,” Realtor Scott Graff wanted to find his first house as a married man that he and his then fiancée could turn into a 21st century version of what developer Randall Presley would have envisioned when he founded the community.

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I just recently closed a transaction in Ahwatukee, and it was stressful and uncertain at times, and it took longer than expected to consummate – but was worth the wait.

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It is a pattern that Phoenix homeowners know all too well. Beginning in July, the Arizona monsoon season begins with an increase in thunderstorms and heavy rainfall typically lasting until mid-September.

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The luxury home market in Ahwatukee got another shot in the arm for the second consecutive month as a nearly 6,000-square-foot home in Canyon Reserve closed for $1.47 million.

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Millennials as a whole may have put off home buying longer than those who came before them, but market trends show that the largest generation in history is beginning to warm to the idea of home ownership and that the East Valley is a prime destination for young buyers.

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Kyrene Schools’ governing board is studying the possible sale or other profitable use of two large tracts of land that include the Tempe site of the district headquarters and a much larger tract in Ahwatukee along the I-10 corridor.

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The fourth home to sell for more than $1 million on E. Kachina Drive in the last two months has seven bedrooms, nine baths and boasts “an elegant and timeless design by Mark Fredstrom.”

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Tempe Union officials are selling a 63-acre plot of land in Ahwatukee that could lead to the construction of as many as 178 new homes not far from the South Mountain Freeway and make the school district co-developers of the project.

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The Federal Reserve’s recent increase in the key interest rate – and its promise to raise the rate twice more this year – is bad news for aspiring homeowners counting their pennies.