People aren’t as concerned with home ownership now,” said Branden Lombardi, president of Scottsdale-based BB Living.

A new luxury townhome development, Bower Willo, is selling homes for nearly $1 million in a central Phoenix historic neighborhood. The development site has a controversial history, with neighbors ...

Nearly half of all active listings in the Phoenix–Mesa–Glendale metro have reduced prices, yet the median list price remains high at $522,000 — about 20% above the national median. The market shows ...