Happy Tuesday, friends!

This week brought a little bit of everything across the Valley. Big land deals. Major public investments. And a few projects that signal where growth is clearly headed as we wrap up the year.

From Goodyear to Mesa to Gilbert and Buckeye, the pace of planning has not slowed down heading into the holidays.

The Recap

Momentum stayed strong across metro Phoenix this week. Builders are buying land. Cities are voting on long-term quality of life investments. Infrastructure and employment centers continue to expand west and east simultaneously.

The West Valley saw another significant vote tied to future job opportunities and power needs, while the East Valley focused on addressing housing supply and park development. At the same time, demand signals in housing data continued to firm up as mortgage rates hovered near recent lows.

The overall vibe feels steady and forward-looking. Not overheated. Not stalled. Just moving.

Check current mortgage rates
_{Mortgage rates vary based on individual qualifications, including credit score, loan type, and lender policies. For a personalized rate estimate, it’s best to consult with a lender.}

News & Developments

⚡ Affordable Build to Rent Community Planned in Goodyear

Dominium is seeking annexation and rezoning at Perryville and Yuma roads in Goodyear for a 214-unit build-to-rent community made up of duplex homes. The plan includes three and four-bedroom units with private yards, garages, and a full amenity package including a pool, fitness center, and clubhouse.

The site is currently rural zoning and surrounded by future residential growth, including nearby master planned communities already under construction.

📍 Goodyear
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🏗️ Lennar and KB Home Buy 601 Lots in Mesa

Two of the nation’s largest homebuilders closed on more than 600 lots at Hawes Crossing, a massive master planned community in Mesa. Lennar expanded its footprint while KB Home will debut its first neighborhood within the development.

Infrastructure work is expected to begin in early 2026 with model homes opening in 2027. Home prices are expected to start in the low $400,000s, adding much-needed supply inside the Loop 202.

📍 Mesa
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🌳 Gilbert Council Set to Vote on Major Parks Expansion

Gilbert Town Council is preparing to vote on nearly $50 million in contracts tied to large scale park projects that together total more than $350 million in long term investment. Projects include expansions at Gilbert Regional Park and Desert Sky Park, along with a new pickleball complex and splashpads at Freestone Park.

Town staff noted that delaying the projects could add millions in future costs, while council members weighed road funding needs against quality of life priorities.

📍 Gilbert
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🔥 Buc-ee’s Sets Opening Timeline in Goodyear

Buc-ee’s announced it plans to open its first Arizona location in Goodyear in June 2026. The massive travel center will feature more than 100 fuel pumps, 24 hour operations, and is expected to create about 200 full time jobs.

The store is under construction near I 10 and Bullard Avenue, with additional commercial and business park development already underway nearby.

📍 Goodyear
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📈 Massive Data Center Hub Approved Near Buckeye

Maricopa County approved rezoning for a roughly 2,000 acre site west of the White Tank Mountains, clearing the way for a major data center campus known as Hassayampa Ranch. Investors expect tens of billions in long term investment tied to power generation and technology infrastructure.

The project sits near other large scale developments in the Buckeye area and reflects the Valley’s continued role in supporting future tech and employment growth.

📍 Buckeye
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Real Estate Trends

Local Market Snapshot
Demand across Greater Phoenix continued to strengthen as supply tightened. The Cromford Market Index showed seller conditions improving in many of the Valley’s largest cities, including Phoenix, Scottsdale and Mesa. Roughly half of the top markets now lean toward sellers, with the rest split between balanced and buyer conditions.

Inventory growth that peaked earlier this year has slowed sharply, and pricing is holding up better than expected for the fourth quarter. Entry level homes remain more affordable than they were two years ago, while higher price segments are driving up average price per square foot due to mix rather than broad price spikes.

Investor activity remains steady, not surging or retreating, and there is no sign of a flood of rental properties hitting the resale market.

National Market
National housing demand reached multi-year highs as mortgage rates hovered near 6%. Purchase applications and pending sales both posted strong year-over-year gains, suggesting momentum heading into early 2026 if rates remain stable.

Inventory is following normal seasonal declines, and price growth nationally remains modest. The data continues to point toward gradual normalization rather than boom or bust conditions.

Check current mortgage rates
_{Mortgage rates vary based on individual qualifications, including credit score, loan type, and lender policies. For a personalized rate estimate, it’s best to consult with a lender.}

🌵See You Next Week in the Desert

As the year winds down, it is clear that planning, land investment, and infrastructure decisions are setting the table for the next decade of growth across the Valley.

Thanks for reading, and we will see you next week.

– Brad