National News

Rocket to acquire Redfin

The acquisition was described as an all-stock transaction.

CoreLogic: Home-price growth slows in January, with further deceleration possible in Arizona

Falling consumer sentiment suggests potential homebuyers are wary of the short-term economic outlook and future inflation, CoreLogic Chief Economist Selma Hepp said. 

The tariffs took effect. Now what?

After a month-long delay, the 25% tariffs on goods from Canada and Mexico have gone into effect. Additionally, President Donald Trump signed an executive order increasing tariffs on imports from China to 20%.

What looming tariffs could mean for homebuilding and the economy

Now that President Donald Trump’s tariffs are beginning to take shape, homebuilders are wary.

NAHB: Tariff worries help send builder confidence to five-month low 

At the same time, builder sales expectations for the next six months posted their second-largest drop since the sentiment index started in 1985. 

NAR’s Lawrence Yun predicts home-sales growth of 9% or more in 2025

Yun expects mortgage rates to drop to 6% by the end of the year.

Who is new HUD secretary, Scott Turner?

Scott Turner, President Donald Trump’s pick to lead the Department of Housing and Urban Development (HUD), was confirmed to the role in a 55-44 vote.

CoreLogic: U.S. home prices rose 3.4% in November 

On a city basis, Chicago posted the highest annual increase among the country’s 20 largest metros, followed by Miami, Las Vegas and Washington, D.C. 

Phoenix will build more BTR units than any other metro

Although Texas has the most BTR units in its pipeline on a statewide level, Arizona ranks second, with 13,972 SFR units coming down the pike.

How much did it cost to build a new home in 2024?

What exactly goes into homebuilding costs, and how do those costs translate to profits for builders — and home prices for buyers?

NAR: Existing-home sales rise for third month in a row in December 

The median existing-home price for all housing types in December rose 6% from its year-ago level.    

73% of owners have regrets about their home purchase, survey finds

Those regrets may explain why the survey also found that 59% of respondents said they plan to move in 2025.

Appeals court rules in favor of agents using floor plans to market homes

The Eighth Circuit Court of Appeals has ruled in favor of defendant brokerages and agents using floor plans when marketing properties.

Trilogy by Shea Homes named America’s Most Trusted Active Adult Resort Builder — again

“Earning trust among those shopping for an active adult resort community is not something we take lightly,” said Jeff McQueen, president of active lifestyle communities at Shea Homes.

Amy Lessinger resigns as RE/MAX president

After less than a year in the role, Amy Lessinger is exiting her position as president at RE/MAX, effective Jan. 17.

NAHB joins 15 states in lawsuit against HUD to prevent new energy standards

The National Association of Home Builders (NAHB) has joined 15 states in a legal complaint to prevent the adoption of new minimum energy-efficiency standards.

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