Redfin said it will require many of its agents to leave NAR and the association has “forced an all-or-nothing choice on us,” and it would therefore “choose nothing.”

Regionally, pending sales were down across the board on both a monthly and an annual basis, the National Association of REALTORS® said. 

Despite ranking among the most valuable housing markets in the nation, the overall value of Phoenix real estate fell on an annual basis.

Total housing inventory at the end of August was 1.11 million units, up 3.7% from July but down 14.6% on a year-over-year basis, the National Association of REALTORS® said. 

The LGBTQ+ Real Estate Alliance announced the rankings for its third annual LGBTQ+ Real Estate Top Producers list.

CoreLogic expects prices to continue to grow through next year, albeit at a more traditional pace than in the height of the pandemic. 

“I started building this app to give my team a competitive advantage,” McKenna said. But now, she is excited to share the app with the public.

Pending transactions were in negative territory for most of this year, so the recent increases could bode well for future activity. 

A fifth consecutive month of increases in the S&P CoreLogic Case-Shiller U.S. National Home Price Index suggests the housing market recovery that began earlier this year is likely to continue. 

Gilbert ranked as the No. 10 real estate market in the country.

Two weeks after housing inventory turned negative, home prices posted a healthy increase, MarketNsight said. 

High mortgage rates and limited inventory continued to weigh on sales activity, National Association of REALTORS®Chief Economist Lawrence Yun said. 

Chicago-based brokerage Fulton Grace Realty is expanding into Arizona with its first franchise partner.

The Eastmark master-planned community in Mesa was recognized by RCLCO Real Estate Consulting’s Mid-2023 Sales Top 50.

The industry group issued its housing-market forecast along with its monthly Pending Home Sales Index for June. 

National Association of REALTORS® Chief Economist Lawrence Yun took issue with the increase, saying the central bank has created “a rare and very tight monetary policy condition.”