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The company was founded in 2011 and is based in Scottsdale, Arizona. [3]Backed by Oaktree Capital Management, the company filed for its initial public offering in August 2014 [4] and went public on the New York Stock Exchange later that year. [5]
The houses in this region were generally built during the 1970s. Real estate in the Shea Corridor (Central Scottsdale) has increased during the 1990s, and overall, the Phoenix-Mesa-Scottsdale real estate market saw the largest gain in house prices in the nation during the mid-2000s with a 38.4% increase in value. [56]
A real estate trend is any consistent pattern or change in the general direction of the real estate industry which, over the course of time, causes a statistically noticeable change. This phenomenon can be a result of the economy, a change in mortgage rates, consumer speculations, or other fundamental and non-fundamental reasons.
There have always been long-standing rules about real estate ownership, including the three most important ones: location, location, location. But the one constant about real estate investing is ...
Here are the six most unexpected housing market trends for 2025, according to top real estate agents. Check Out: 5 Types of Homes That Will Plummet in Value in 2024
2022 was a wild year for the real estate market as interest rates climbed and inflation soared. The new year is looking to be rife with challenges for both buyers and sellers, as mortgage rates are...
The development was incorporated in 1972, and according to real estate websites for the area, it has two championship 18-hole golf courses (McCormick Ranch Golf Club's Palm Course and Pine Course), more than 25 miles of bicycle paths, parks, public tennis courts, and 130 acres of man-made lakes (7 lakes total). [4] The largest of the man-made lakes
In 2004, prominent New York real estate developer Donald Trump proposed a $200 million luxury hotel-condominium development at 26th Street and Camelback Road in the highly upscale Camelback Corridor (near the Arizona Biltmore Hotel and the Biltmore Fashion Park shopping center) of Phoenix.