Trends

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Short supply helps drive existing-home sales to 13-year low

The median existing-home price for all housing types in September was $394,300, up 2.8% from $383,500 in September 2022.   

Housing starts rebound in September after August dip

Specifically, single-family homes were built at a seasonally adjusted annual rate of 963,000, up 3.2% from 933,000 in August and up 8.6% from 887,000 a year earlier, according to government figures. 

The hottest home trends of 2024 — according to Zillow

Brutalist style and sensory gardens may seem at odds — but they are both hot home design trends that will rule 2024. At least, according to new predictions from Zillow.

MBA: Mortgage apps rise on increase in ARM activity

A 15% rise in applications for adjustable-rate mortgages drove overall mortgage applications higher in the most recent weekly survey. 

Gilbert, Scottsdale among safest cities in America

Gilbert ranked as the fourth-safest city in America, ranking No. 10 for home and community safety and No. 14 for natural disaster risk.

The 10 most expensive new listings in Arizona

Paradise Valley and Scottsdale top the list of the most expensive new listings in Arizona yet again.

Wages are rising faster than prices in Maricopa County

Housing affordability has worsened in many parts of the country as wages fail to grow at the same pace as home prices — but Maricopa County is one area where wage increases are outpacing price increases.

The most expensive home for sale in Arizona

Point2Homes analyzed listings in every U.S. state and Washington, D.C. to determine the most expensive home for sale in each.

NAR: Pending-home sales fall 7.1% on high interest rates

Regionally, pending sales were down across the board on both a monthly and an annual basis, the National Association of REALTORS® said. 

Homeowners are willing to spend big money for these bathroom trends

Among the top upgrades: large showers.

NAR: Existing-home price rises again as sales continue to slide

Total housing inventory at the end of August was 1.11 million units, up 3.7% from July but down 14.6% on a year-over-year basis, the National Association of REALTORS® said. 

Chandler again ranked among family-friendliest U.S. cities

Chandler is two for two in Opendoor’s second-annual ranking of the most family-friendly U.S. cities.

Scottsdale is one of the top cities for working parents

What makes Scottsdale such a hospitable place for working parents? For starters, the city boasts 128 acres of green space per 1,000 residents, the highest proportion in the nation.

The best week to buy a home this year: Oct. 1-7

Sidelined homebuyers can breathe a sigh of relief. According to Realtor.com, the best week of the year to buy a home is still ahead of us.

New homes are trending smaller

The median area for a new single-family home fell to 2,191 square feet in the second quarter — the lowest recorded size since 2010.

CoreLogic: Home-price growth picks up speed in July

CoreLogic expects prices to continue to grow through next year, albeit at a more traditional pace than in the height of the pandemic. 

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