Register | Forgot Your Password? | Close

PHOENIX -- You can see -- and hear -- the signs of the housing market recovery across the Valley.

From the Arcadia neighborhood on the east to Maryvale on the west, builders are turning once-abandoned parcels into new residential projects.

"Infill offers a builder an opportunity for a strong demographic, a lot of drive-by traffic so marketing is inexpensive and the area is already established," said Jim Belfiore, president of Belfiore Real Estate Consulting.

Belfiore said small condominium units are going up, along with projects that range from five to 25 homes.

"Builders are finding feasibility in the city core and there are ample buyers."

Belfiore expects the best infill opportunities in Phoenix to be gone in a year.

Christina Estes, Reporter

share this story:
Attention Comment Users: We have recently changed our comments boards.
We would like you to be part of the conversation and The Voice of Arizona by logging in with your Facebook, Twitter, Google+ or Disqus account. Existing KTAR (Arizona Sports) account members will need to create a Disqus account or use one of the aforementioned social media logins. Thank you.
comments powered by Disqus

World Class Arizona

  • Dignity Health

    World Class People. World Class Company. Excellent care, delivered with compassion, for all in need.
  • Family in Focus

    KTAR spends the week taking a look at the issues a modern Arizona family faces.