The survey also revealed that 22% of builders cut home prices this month, down from 24% in March and 36% in December.

NAR and other housing groups backed the lawsuit and submitted statements to the justices.

Among the top award recipients were the Allan & Murphy Luxury Property Group, which was named the No. 15 small team in the brokerage’s global network.

All 123 homes in Marketside Tercera at Verrado, a neighborhood within the Verrado master-planned community in Buckeye, are sold out.

The priciest new listings in Arizona include a $15,000,000 stone estate with donated beams from the Hopi Nation and repurposed materials from a 15th century Spanish mission.

An appeals panel ruled the DOJ could resume its antitrust investigation into NAR. 

Pareja replaces former CEO Glenn Sanford, who will maintain his roles as founder, chairman and CEO of eXp World Holdings.

Millennials surpassed baby boomers to make up the largest share of homebuyers last year, according to NAR’s latest Home Buyers and Sellers Generational Trends report.

The state where home values have increased the most was Idaho, which saw a 171.03% increase in home values from 2013 to 2023.

Advertised as a monolithic dome home, this rounded dwelling in Central Florida offers energy efficiency and weather resiliency.

In 2020, median renovation spending was $15,000. That amount increased by 60% in three years, with the median home renovation costing $24,000 in 2023.

NAR’s Katie Johnson explains what’s next for Realtors in the wake of the association’s legal settlement.

Prospective sellers should prepare to jump on the market — the week of April 14 through 20 will be the best time to sell this year.

“This is a huge step forward for Landsea Homes, and we are excited about extending our presence in San Tan Valley,” Heather Cammiso, Arizona division president for Landsea Homes, said in a press release.

Sales rose 9.5% from January to a seasonally adjusted annual rate of 4.38 million.

This four-bedroom, three-bathroom house in Emmett, Idaho, is made from two adjoining metal silos and features views of Squaw Butte and Emmett Valley.