News / Features

NAR settles compensation lawsuits for $418 million and will ban commissions on MLS

NAR will prohibit offers of broker compensation or commission on the MLS.

Home prices have risen twice as fast as inflation for 60 years — but that trend may be reversing

U.S. home prices are 24 times higher than they were in 1963 — while overall inflation is just 10 times higher.

Opendoor: A portrait of first-time homebuyers in 2023

Many buyers entered the housing market for the first time in 2023. But who were these first-timers, and what did their homebuying experience look like?

Mark Willis replaces Marc King as president at Keller Williams

Willis previously served as Keller Williams president from 2002 to 2005 and CEO from 2005 to 2015.

HUD Secretary Fudge announces retirement 

Deputy Secretary Adrianne Todman will take over as acting secretary on Marcia Fudge’s last day, March 22. 

Belgravia Group tops off first building of Portico

Belgravia Group topped off the first building of Portico, a nine-building condominium development located in the Loop 101 and Scottsdale Road corridor.

Toll Brothers opens four new model homes in Phoenix area

Toll Brothers opened four new model homes in the Phoenix area: two in Adero Canyon in Fountain Hills, one in Sonoran Trails in Cave Creek and one in Sereno Canyon in Scottsdale.

NAR praises Biden’s proposals to address housing affordability  

NAR President Kevin Sears also raised concerns about Biden Administration regulations that could create hurdles to affordability. 

The 10 most expensive new listings in Arizona

A $54 million estate tops the most expensive new listings in Arizona.

Today’s buyers prioritize price over location

Location, location, location … at least that’s how the old real estate adage goes, right?

Landsea Homes sells out at Sunset Farms in Tolleson

Sunset Farms, a new-home community from Landsea Homes located in Tolleson, has officially sold out.

Matthew Fenicle and Brian Guzman launch LUXE Realty

Phoenix agents Matthew Fenicle and Brian Guzman recently launched LUXE Realty, a full-service boutique brokerage with the goal of “disrupting” the real estate industry.

What history tells us about today’s interest rates

If your buyer is having a hard time moving on from 2021 and accepting the reality of today’s rates, a history lesson may help.

Arizona among top states for millennial migration

Roughly 2.8 million millennials moved across state lines in 2022 — and a huge chunk of them moved into Arizona, according to a report from StorageCafe.

An ‘Earthship’ landed in New Mexico

The crown jewel of architect Michael Reynolds’ sustainable vision, Vallecitos is a passive solar home within the Greater World Earthship Community, the world’s largest, legal off-grid subdivision.

This is the magic mortgage rate number to reignite the housing market

Lower mortgage rates are the one thing that could draw buyers back into the housing market, according to a new survey from Realtor.com. The magic number? Around 5%.

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