These are the five most expensive homes sold in Arizona in 2025, as well as the agents responsible for the transactions.

The seller’s agents are Kathryn Johnson and Michelle Bergkamp of William Pitt Sotheby’s International Realty, who call the property “pure Alice in Wonderland magic.”

The publication cited acquisitions of Anywhere Real Estate and @properties Christie’s International Real Estate, as well as Compass’ improved profitability in 2025, as evidence of Reffkin’s power in the industry.

Affordability challenges continue to bedevil homebuyers, despite mortgage rates falling to a three-year low, the National Association of Home Builders reported. 

The priciest Arizona home sold in December was a $16.25 million estate with views of the Camelback Mountains.

Research showed a disproportionately high share of foreign-born workers active in the construction trades nationally in 2024.

Homebuyers purchased 4,006 properties during the month, up from 3,379 during December 2024. Pending sales, however, declined 28.6% year over year.

The longtime executive said he was leaving now that the company has completed its integration with Rocket Companies, which acquired it last year. 

The new entity will be led by four managing partners: Greg Remmers, Melissa Dierks, Jamie Wong and Nate Martinez.

Hear Gardner’s takes — and a few predictions of his own — in this exclusive interview.

Compass, Inc. and Anywhere Real Estate Inc. have officially completed their all-stock merger and will now operate as Compass International Holdings (CIH), led by chairman and CEO Robert Reffkin. 

President Trump’s proposal to ban investment firms from buying single-family homes is unlikely to have a major impact on affordability, observers said.

Expected interest rate cuts in 2026 are likely to draw even hesitant buyers back to the market.

Based on total new-home sales closed last year, the Apache Junction community from D.R. Horton ranked No. 21 in the United States, with 596 sales.

Stockholders of both Compass, Inc. and Anywhere Real Estate Inc. have overwhelmingly approved all proposals tied to the companies’ previously announced merger, signaling strong investor support for the $1.6 billion deal.

Comparing 180 United States cities, WalletHub found Scottsdale to have the best job market in the country, based both on job availability and the city’s overall socioeconomic growth.