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Real estate news in Atlanta
Off-market real estate app DropOffer is moving into six new markets, including Phoenix, Atlanta, Houston, Dallas, Charlotte and Tampa.
Phoenix had the lowest rate of homebuyer competition in July.
Scottsdale was No. 68 nationally with an average monthly rent of $2,497.
The new, 2,000-square-foot space at the Safari Drive luxury condo building is expected to be ready by the end of the year.
Fairway Independent Mortgage was named the No. 1 place to work among large companies, and Geneva Financial was No. 1 among midsize companies.
The platform is led in part by Josh Altman of Million Dollar Listing fame and says it will economize time and save agents marketing dollars.
Tammy Auther has joined the Biltmore-Paradise Valley office of Coldwell Banker as an affiliate agent.
Home prices in Phoenix experienced among the highest gains in the nation in May, jumping 29.7% from the previous year and far outpacing the national average, according to the S&P Corelogic Case-Shiller Index.
Opendoor examined MLS data in areas where it has brokerages and ranked ZIP code 85138 in Maricopa No. 17 in the nation.
Three Phoenix-area developments made the list of the 50 top-selling master-planned communities in the country.
Nationwide, sales hit their highest level of the year, rising 4.7% from June but falling 17.6% on a year-over-year basis, RE/MAX said.
Two years of home price growth in the ARMLS ended in June when the median sold price dipped to $500,000 compared to $510,000 in May.
The National Association of Hispanic Real Estate Professionals released its Top 250 Latino Agents Report, and several Arizona agents made the list.
About 14.9% of home-purchase agreements nationwide fell through in June, the highest percentage in more than two years.
The tool takes the guesswork out of the home-shopping process by highlighting condos eligible for Veterans Affairs (VA) financing.
Arizona registered the second-highest year-over-year price growth in the nation, up 27.3%. Phoenix home prices surged 28.7% in May, down from 29.7% month over month.