National News

New homes cost less than existing homes in Phoenix

In 17 out of the past 19 months, U.S. homebuilders have sold at a discount compared to existing-home sales.

US real median household income reaches record high

The Census Bureau also measures household income after accounting for taxes and credits.

Shawnee Doherty named NAR Good Neighbor Award finalist

Doherty is one of 10 finalists in NAR’s 27th annual Good Neighbor Awards.

NAR: More Realtors are turning to AI

According to the survey, 67% of respondents said they are using emerging technologies such as AI but are still learning how to use them effectively.

New-home sales post surprise jump in August

New-home inventory fell to its lowest level since December. 

HomeSmart boosts Southeast presence with acquisition of NorthGroup Real Estate

The acquisition adds almost 2,000 agents to the HomeSmart network, bringing it to over 27,000 agents nationwide.  

Fed lifts rates for first time in three years as inflation persists

Longer-term interest rates, such as mortgages, have largely priced in this latest increase and are not expected to have much of a reaction to the news.

Realtor.com, Zillow, NAHB and others team up for ‘Let America Build’ campaign to encourage new-home construction

The campaign, which Realtor.com launched at SXSW in 2025, aims to encourage officials to take advantage of the 21st Century ROAD to Housing Act to streamline the homebuilding process. 

NAR: Existing-home inventory jumps to multi-year high in August as sales pace slows

At the same time, the median-sales price rose again, as months’ supply of homes for sale hit a 10-year high. 

mortgage applications
MBA: Purchase applications boost weekly mortgage activity

The increase in purchase activity offset a decrease in refinancings. 

Alessio Sanfilippo named CEO of Redfin

While at Reality Labs, he led global teams across data science, data engineering and user research.

Report: Majority of Realtors volunteer and donate

The most common causes members supported included food banks, local schools, children’s sports teams, veterans support programs and youth mentoring and education initiatives.

REMAX Co-Founder Gail Liniger dies at 81

Since Gail and Dave Liniger founded the brokerage in 1973, it has expanded to over 145,000 agents operating in more than 120 countries.  

New construction could mean lower insurance costs

Homes built in 2020 or later cost 10% to 15% less to insure per square foot than homes built between 1980 and 2010.

Case-Shiller: Phoenix home-price growth slips in June

The pace of home-price growth rose nationally but with significant regional differences.

Fannie, Freddie condo-lending changes begin rolling out in earnest

The updated underwriting guidelines have caused consternation among many in the housing industry. 

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