National News
The median existing-home price for all housing types in December rose 6% from its year-ago level.
Willis initially served as president from 2002 to 2005 and as CEO from 2005 to 2014. He then resumed the post of CEO in November 2023 and took over as president again in March of last year.
Nationally, home sales were up 13.3% year over year and 4.4% month over month, RE/MAX said.
Those regrets may explain why the survey also found that 59% of respondents said they plan to move in 2025.
In 28 cities across the nation, the typical local family can afford less than 1% of for-sale properties. Among them: Glendale and Scottsdale.
Matt Widdows, founder and CEO of Scottsdale-based HomeSmart, was the highest ranking Phoenix leader on the list at No. 25.
In its last reading before the end of the year, the National Association of REALTORS® Pending Home Sales Index posted its fourth consecutive monthly increase in November.
The National Association of REALTORS® will move to revoke Phoenix REALTORS’® charter following the local association’s refusal to “categorically withdraw” MLS Choice.
The median-sales price slid from $425,600 in October to $402,600 last month.
Matthew Gardner shares his predictions for the housing industry in 2025.
The year-over-year increase of 6.1% is the greatest since June 2021, according to the association.
COMPASS has acquired @properties and Christie’s International Real Estate.
Ruling brings an end to the Sitzer-Burnett legal saga.
Realtors say about one-third of their relocation clients moved to be closer to friends and family this year, according to the National Association of REALTORS®.
Despite the new record in September, the rate of increase continues to slow.
Builder confidence in the market for newly built single-family homes increases again.