Catherine Reagor

Phoenix

Senior Real Estate Reporter at The Arizona Republic

Real estate journalist for Arizona Republic, azcentral, USA Today. Co-founder https://t.co/3ESrn8p7XF

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Articles

North Scottsdale house on 2.7 acres sells for $7.1M cash

1 week ago | azcentral.com | Catherine Reagor

Catherine ReagorA 5,088-square-foot house in north Scottsdale’s DC Ranch community sold in April 2025 for $7.1 million cash. The house with five bedrooms and six bathrooms is located on 2.7 acres. It also comes with 24-foot ceilings, a boardroom and a two-bedroom guest house. Provided By Frank Aazami And Bill BulagaA 5,088-square-foot house in north Scottsdale’s DC Ranch community sold in April 2025 for $7.1 million cash. The house with five bedrooms and six bathrooms is located on 2.7 acres.
North Scottsdale Desert Mountain mansion with glass walls listed for $25M

2 weeks ago | azcentral.com | Catherine Reagor

A mansion located on almost five acres in north Scottsdale’s Desert Mountain community is on the market for $25 million. The 8,979-square-foot house with five bedrooms and 5 ½ bathrooms also comes with a private driveway, floor-to-ceiling glass walls, a large kitchen island, a primary suite with indoor and outdoor showers, a study and a casita.
Scottsdale mansion with theater, pool with slide sells for $6.35M cash

2 weeks ago | azcentral.com | Catherine Reagor

Cash buyers spent approximately $37 million on luxury homes in metro Phoenix in early April. The highest sale was a $14.995 million off-market deal in north Scottsdale. Other multimillion-dollar cash purchases included properties in Paradise Valley, Desert Mountain, and Silverleaf. Buyers spent about $37 million in cash on metro Phoenix’s priciest houses that sold near the start of April.
What a homebuyer can find for about $450,000 in Mesa, Chandler and Gilbert

2 weeks ago | azcentral.com | Catherine Reagor

East Valley cities Mesa, Chandler and Gilbert are popular with homebuyers. Prices have climbed pretty steadily in the metro Phoenix suburbs for several years. Chandler, Gilbert and Mesa are top cities for real estate in the Valley, said Rebecca Hidalgo, a broker with the Integrity All Stars team. “Increased listings have given buyers more options in those areas than they have had in a long time,” she said.
Homeowners in Arizona's historic districts worry about impact of law allowing fourplexes

2 weeks ago | azcentral.com | Catherine Reagor

A new Arizona law allows for multifamily housing development near central business districts, overriding local zoning and impacting historic neighborhoods. Owners of historic homes fear the law will lead to demolition of unique homes and the construction of unaffordable multifamily units. While the law aims to create more "middle housing," it doesn't require owner-occupancy or specific design standards.
Metro Phoenix home building slowed in March. Here's why

3 weeks ago | azcentral.com | Catherine Reagor

Metro Phoenix homebuilding permits dropped 20% in March 2025 compared to March 2024, amid tariff concerns. New home sales remained relatively stable, with 2,110 sales in March 2025 compared to 2,135 in March 2024. Although tariffs on construction materials were temporarily paused, concerns about their impact on housing costs remain. Home building in metro Phoenix fell in March as tariffs that would boost construction costs loomed. But new home sales stayed pretty steady as mortgage rates dipped.
Phoenix Suns owner Mat Ishbia's firm sued by Ohio attorney general over mortgage 'scheme'

3 weeks ago | azcentral.com | Catherine Reagor

Ohio's attorney general sued United Wholesale Mortgage, led by Phoenix Suns owner Mat Ishbia, claiming deceptive practices involving insurance brokers. The lawsuit claimed UWM colluded with brokers to charge borrowers inflated rates and fees, misleading them about receiving independent advice. The company denied the allegations, calling the lawsuit "frivolous" and "suspicious," and stated it would move to dismiss the claims.
Scottsdale mansion with stone columns and teak floors sells for $6.5M cash

3 weeks ago | azcentral.com | Catherine Reagor

An LLC called T Bone & Pebbles, a Canadian partnership and a doctor were among the buyers and sellers of the priciest metro Phoenix homes sold near the end of March. $6,500,000Grey Collective bought a 4,637-square-foot Santa Barbara-style house in Paradise Valley. The home has four bathrooms, travertine flooring and a guest house. Renew Properties, led by Steven Cox, sold it. $6,500,000The Canadian group DJL US Partnership paid cash for an 11,236-square-foot mansion in Scottsdale’s Cactus Corridor.
Peoria community going up for homebuyers 55 and older, with houses priced in the low $500s

3 weeks ago | azcentral.com | Catherine Reagor

A new 55+ community called Ridgecrest has opened in Peoria's Vistancia development. The community offers 414 homes starting in the low $500,000s, with models now open. Ridgecrest features various amenities, including a wellness club, pool, and pickleball courts. A new resort-style community for buyers 55 and older called Ridgecrest is going up in Peoria. The 414-home community is in the Vistancia development located between the Carefree Highway and the Loop 303. Model homes are open for tours.
55-plus community of over 400 homes going up in Peoria

3 weeks ago | azcentral.com | Catherine Reagor

Catherine ReagorRenderings of the wellness-social club at Ridgecrest, a 55-plus community being built in Peoria by Shea Homes. Homes were priced to start in the low $500,000s, the developer said in April 2025. Provided By Shea HomesRenderings of the wellness-social club at Ridgecrest, a 55-plus community being built in Peoria by Shea Homes. Homes were priced to start in the low $500,000s, the developer said in April 2025.