National News

NAR claims real estate wins as House passes One Big Beautiful Bill Act

The National Association of REALTORS® has claimed that the passage of the One Big Beautiful Bill Act in the House delivers significant victories for homeowners and real estate professionals.

NAR: One in five homebuyers considered their pet when choosing neighborhood

Pets aren’t just companions — they’re family. And according to a recent National Association of REALTORS® report, one in five homebuyers actively considered their pet’s needs when choosing a neighborhood.

US commissions jump to 5.44% amid cooling housing market

According to a report from Clever Real Estate, the average total commission for U.S. real estate agents is now 5.44%, a rise from 5.32% over the past year, despite the recent broker commission reforms from the National Association of REALTORS®.

NAR hails Senate passage of One Big Beautiful Bill Act 

The association said the legislation contains five of its key priorities, including a permanent extension for the mortgage-interest deduction and a temporary quadrupling of the SALT-deduction cap. 

US Conference of Mayors backs Realtor.com’s Let America Build initiative 

The organization issued a statement in support of the pro-development campaign at its annual meeting in Tampa. 

Where does Phoenix rank in America’s Best Cities?

Phoenix’s strong rank was due largely to its population growth, which jumped 14% year over year in 2023 and 2.3% so far in 2025.

Pending-home sales rise in May as market continues ‘slow thaw’ 

May’s 1.8% monthly gain follows a 6.3% drop in April, the National Association of REALTORS® said. 

FHFA directs Fannie Mae, Freddie Mac to accept cryptocurrency in mortgages

Federal Housing Finance Agency (FHFA) Director William J. Pulte posted to X issuing an order that directs Fannie Mae and Freddie Mac to consider cryptocurrency as an “asset for single-family loans.”  

Case-Shiller: Phoenix home-price growth slows in April, tracking ‘healthier, more sustainable’ national trend 

The pace of home-price appreciation slowed to its most modest pace since 2023, according to the S&P CoreLogic Case-Shiller U.S. National Home Price Index. 

NAR: Existing-home sales gain ground in May 

The median-sales price for an existing home rose 1.3% year over year to $422,800. 

Compass files federal antitrust lawsuit against Zillow

The lawsuit also claims that with Zillow, sellers don’t have control over how their properties are marketed, a sentiment that’s been a core tenet of anti-clear cooperation rhetoric over the past year.

New-home construction drops in May 

Homebuilder sentiment recently reached its third-lowest level since 2012. 

US housing market exceeds one million active listings for first time since 2019

The U.S. housing market has exceeded one million active listings for the first time since the winter of 2019, according to Realtor.com’s May Monthly Housing Trends Report.

NAHREP: Phoenix’s top Latino real estate agents by transaction volume

Based on transaction volume in 2024, Matias Rosales, an agent with Realty ONE Group Gateway, was the highest-ranking Latino agent in the Phoenix area and the No. 15 Latino agent in the country.

NAHREP condemns ICE raids, urges protestors to remain peaceful

“NAHREP supports the human rights of all people living in the United States,” the association wrote. “These rights are preserved by the U.S. Constitution and include the right to due process.”

mortgage applications
Mortgage applications surge 12.5% on ‘looser housing inventory’ 

The Mortgage Bankers Association said the post-Memorial Day increase came despite economic uncertainty and largely static interest rates. 

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