News / Features

MBA: New-home mortgage applications fall in October 

The pace of new single-family home sales, meanwhile, fell 6.1% from September to 598,000. 

Phoenix ranks among best cities in the world

Phoenix came in at No. 88 in this year’s 2023 World’s Best Cities Report, a comprehensive annual study by Resonance Consultancy.

FHA allows borrowers to obtain private flood insurance

In the wake of this new rule, FHA borrowers will have a choice between federal flood insurance and private flood insurance.

Taylor Morrison launches Yardly build-to-rent brand 

The brand will specialize in cottage-style homes with private backyards. 

Paradise Valley ZIP code 85253 named one of the priciest in the nation for real estate

From January through October of this year, the Maricopa County ZIP code had a median home sale price of $2.9 million. 

NAR: Existing-home sales fall again in October as prices continue to rise 

The median existing-home price rose for the 128th month in a row, extending its record-breaking streak of increases. 

Housing inventory in the Phoenix area more than doubles year over year

Housing inventory in the Phoenix area grew 136.6% in October, compared to the same month last year.

Housing starts slow in October but remain elevated 

The number of homes under construction rose during the month, as homebuilders continued to work through a large backlog of homes. 

MBA: Mortgage applications rebound on lower rates 

The largest single-week decline in conventional mortgage rates since July brought the first increase in home-loan applications since September, the Mortgage Bankers Association said. 

Scottsdale, Chandler ranked among top cities for families with children

The 100 most populous cities in the U.S. were ranked in several categories, including affordability, schools, safety, recreation opportunities and other socio-economic factors. 

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