Phoenix Real Estate News
Phoenix
U.S. Data Center Boom Tests Power Grid as AI Demand Outpaces Supply
Fueled by a surge in artificial intelligence and cloud computing demand, North America's data center market continued its blistering pace of expansion in the first half of 2025 -- but growth is running headlong into the limits of available power and infrastructure, according to new data from CBRE.
U.S. Home-Flipping Profits Sink to Lowest Level Since 2008 Financial Crisis as Costs Climb
Home flippers in the U.S. are seeing profits evaporate to levels not seen since the financial crisis, as surging acquisition costs squeeze margins even in traditionally hot markets.
Homebuilder Sentiment Holds Steady in U.S. as Rate-Cut Bets Lift Outlook
U.S. homebuilders grew more optimistic about future sales even as overall confidence in the new-home market held flat in September, with easing mortgage rates and expectations of imminent Federal Reserve rate cuts offering a glimmer of relief for a sluggish sector.
U.S. Mortgage Delinquencies Uptick in June Amid Regional Pressures
Mortgage delinquencies in the U.S. edged slightly higher in June, driven by localized pressure points, though national levels remain historically low, according to new data from Cotality, a leading property information and analytics provider.
