Lumber prices, once emblematic of widespread supply-chain woes, are finally beginning to fall. How will this affect the housing market?

It is a fun reminder that location is everything, and every state has amazing ultra-luxury properties for the right price.

Nationally, the index posted its highest annual increase ever.

Most of the single-family homes are in Texas, Georgia, Alabama and Oklahoma. 

Soaring home prices and markedly diminished inventory are suppressing housing affordability for many nationwide.

Nevertheless, home prices are expected to continue rising through the end of the year, according to the National Association of REALTORS®. 

With suburban home value growth surpassing that of urban homes, the most popular areas appear to be outside the city. Which Phoenix suburb is the hottest?

The travel insurance provider reviewed “cities of all sizes and in regions across the nation” to assess the greenest communities in the U.S.

The rate of new single-family home sales fell 16.6% from March’s revised number, while the median sales price jumped to $450,600 from March’s revised median house price of $435,000. 

Compass made its debut on the Fortune 500 today, becoming one of the youngest companies to make the list.

The inventory of unsold homes increased in April, while the median existing-home sales price rose, according to the National Association of REALTORS®.

“Builders are responding to higher mortgage rates and are chasing rising rents, with fewer homebuyers and more renters being forced to renew their leases.” — NAR Chief Economist Lawrence Yun 

Phoenix, which has seen an influx of new residents in recent years, scored highest on net migration and value/affordability. 

The release of the monthly survey from the National Association of Home Builders comes as the Biden Administration unveiled a housing-supply action plan that aims to boost the supply of affordable apartments and new homes. 

The rate of Hispanic homeownership is steadily increasing, new data from The National Association of Hispanic Real Estate Professionals shows. With 8.8 million Hispanic-owned households, more than 48% of Latinos now own homes, reflecting a continual rise since 2014.

Realogy Holdings Corp. is officially rebranding as Anywhere Real Estate Inc. According to a press release, the company expects to implement the rebrand by end of second quarter 2022.