The CEO of manufactured home firm Cavco Industries Inc. paid $7.5 million for a Paradise Valley house. It was one of the priciest metro Phoenix home sales to close during the middle of May.

Angela and William Boor bought a 7,040-square-foot PV house. He is CEO of manufactured-home maker Cavco Industries Inc. The home comes with five bedrooms, 6 ½ bathrooms, a portico with Cantera ...