News

Mandalay Homes Featured on the Home Hunter Show on Chanel abc15

Mandalay Homes was featured on the Home Hunter Show on chanel abc 15.  It was such an honor to be given the opportunity to talk about our new communities in Payson, Prescott, Prescott Valley, Phoenix and our partnership with the City of Phoenix Neighborhood Stabilization Progam.  You can find us on [...]

Grand Opening of Chaparral Pines in Payson by Mandalay Homes

Mandalay Homes is announcing the grand opening of Widlflower Ridge at Chaparral Pines in Payson Arizona.  We are having a Realtor Party to unveil our first home on October 25th from 12 noon to 6 pm.  We will be having another party for the public very soon.  For more details, [...]

Phoenix home prices up 20% from a year ago to lead nation

The Phoenix Business Journal 9/4/2012 by Adam Kress  Phoenix-area home prices in July were up 19.9 percent from a year earlier, easily the largest percentage gain among major U.S. cities, according to a CoreLogic report released today. Arizona was also the leader by far among the states in July home price gains, [...]

Homebuilding off to a good start for the new fiscal year

8/16/2012 The Daily Courier By Ken Hedler Homebuilding off to a good start for new fiscal year Homebuilding experienced a healthy start in July, the first month of the 2012-13 fiscal year, according to statistics on building permits from Prescott Valley and three other jurisdictions. Prescott Valley led the jurisdictions by [...]

Phoenix Home Values Up 29% From A Year Ago

08/09/2012 The Phoenix Business Journal By Kristena Hansen  The huge gains in Phoenix-area home values over the past few months have started to mellow this summer, according to the latest housing report released Thursday by Arizona State University’s W.P. Carey School of Business. In June, the median single-family home price in metro [...]

Phoenix Neighborhood Stabilization Program at work in South Mountain Village

City of Phoenix PubVacant foreclosed homes affect communities in many ways: increased opportunity for crime, neighborhood blight and decreased home values. The South Mountain Village was hit hard and accumulated more than 6,100 foreclosures since 2008 and is now benefiting from NSP investment. The Neighborhood Stabilization Program (NSP) was designed [...]

Summer’s Sizzling Real Estate Markets: Where Are They?

Forbes 7/21/2012 When you talk about a hot housing market in the post-bust era, what characteristics come to mind? Fast-rising prices would have to be high on the list. So would fast-moving houses – that is, homes that sell relatively quickly after listing.  In depressed markets, typical listing-to-sale times can [...]

Mandalay Homes “Turning things around in Pronghorn Ranch”

Turning things around: Home sales at Pronghorn Ranch are gaining momentum  by Cathi Posipil It took a while for Deanna Austin to find what she wanted.  Austin got a job as a professor at Embry-Riddle Aeronautical University in Prescott and began searching for a home late this past year. After [...]