More than 20,600 homes were on the market in August, compared to 8,700 during the same month in 2021.

Developer Thompson Thrift has acquired 35 acres in Gilbert with plans for luxury apartment homes and more than 200,000 square feet of restaurant and retail space.

Norada cited the relatively lower cost of living and housing in the Phoenix area, attracting people from higher-cost cities such as Los Angeles and Seattle.

Homebuyers nationwide had more time to make decisions in August with the first year-over-year increase in median days on the market since June 2020.

Companies are ranked by percentage revenue growth from 2018 to 2021 and had to have earned at least $100,000 in revenue in 2018 and $2 million in 2021.

Opendoor identified the best cities for families by analyzing and averaging the number of OpenStreetMap “family friendly” tags within 3 miles of all addresses in a city where an Opendoor Brokerage operates. 

The percentage increase in Phoenix was second-highest in the nation, behind only Oakland, California.

Willow, a 14-home gated community in North Central Phoenix, is open for sales, Camelot Homes recently announced.

Courtney Cates is joining the Southwest-Litchfield office of Coldwell Banker Realty Arizona as an affiliate agent.

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.