I’ve noticed a flurry of condo and apartment activity in Gilbert as well. Looks like the economy is truly back. Now we need FHA come around to reality. FHA regulations on condo lending are ridiculous! ~Bill
June 24, 2015 by Mike Sunnucks Phoenix Business Journal
More than 6,000 apartments and condominiums are under construction, in the development pipeline or have recently hit the market in Scottsdale as the multifamily segment continues to be the Valley’s strongest real estate segment.
The activity also is creating work for contractors and jobs for construction workers.
The Scottsdale multifamily activity ranges from new apartments at and near Arizona State University’s SkySong technology center to condos in Old Town, according to construction and development reports from the city of Scottsdale. – read more –