Local News

Real estate news in Phoenix

99% of local homes are too pricey for typical Scottsdale and Glendale residents

In 28 cities across the nation, the typical local family can afford less than 1% of for-sale properties. Among them: Glendale and Scottsdale.

The 2025 SP 200: Power players in Phoenix real estate

Matt Widdows, founder and CEO of Scottsdale-based HomeSmart, was the highest ranking Phoenix leader on the list at No. 25.

The 10 most expensive new listings in Arizona

Joan Levinson of Realty ONE Group handled three of the most expensive new listings in Arizona last month.

NAR says Phoenix REALTORS® is ‘violating’ bylaws, moves to revoke charter

The National Association of REALTORS® will move to revoke Phoenix REALTORS’® charter following the local association’s refusal to “categorically withdraw” MLS Choice.

Arizona REALTORS® leadership shares 2025 market predictions

The 2025 leadership team for Arizona REALTORS® shared their real estate predictions for the upcoming year, projecting an uptick in market activity as mortgage rates stabilize.

NAR issues cease and desist to Phoenix REALTORS® over MLS Choice

In a Dec. 18 email obtained by Real Estate News, General Counsel Lesley Muchow told NAR personnel that the association was taking “necessary action” to defend its three-way agreement, which maintains that Realtors must join associations at the local, state and national level.

What the Compass acquisition means for @properties and Christie’s International Real Estate

“Things will not change on a day-to-day basis,” says @properties Christie’s International Real Estate CEO Thad Wong.

Camelot Homes named Builder of the Year by Pro Builder

Camelot Homes was named 2024 Builder of the Year by Pro Builder Media, the official media partner of the National Association of Home Builders.

The Valley’s most affordable ZIP codes for renters

According to a report from CashNetUSA, renters in Paradise Valley (specifically, the 95253 ZIP code) only need to spend 15.27% of their annual income on rent.

The 10 most expensive new listings in Arizona

All homes were listed in the past 30 days. Note the tie for the ninth-most expensive listing.

Phoenix ranks among top 100 US cities with highest rents

Phoenix is the 56th-priciest rental market in the country, according to Zumper’s November National Rent Report.

Buyer’s agent commissions remain mostly unchanged under NAR’s new rules

The new findings come from real estate tech strategist Mike DelPrete.

Phoenix REALTORS® offers MLS access to non-members

The program, known as MLS Choice, is offered at $249 annually. That’s less than half the cost of the traditional “three-way” option.

Affordability improved across the Phoenix area last month

While the median sales price rose across the Phoenix area last month, drops in interest rates meant that affordability improved.

Active-adult rental community coming to Surprise

Construction has begun on Album Surprise, an active-adult community for residents aged 55 and up.

Arizona REALTORS names 2025 executive committee

Arizona REALTORS® installed its 2025 executive committee at its annual Leadership Conference in Scottsdale.

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