News / Features

There aren’t enough affordable homes on the market for middle-income buyers

Homes affordable to middle-income buyers — defined as households earning up to $75,000 — fall in the $256,000-to-$320,000 range. But of the over one million U.S. homes on the market at the end of April, less than a quarter of all listings were within that price range.

Phoenix ranks among the top cities in the country

World’s Best Cities has announced their ranking of the best cities around the country, with Phoenix coming in at No. 23.

A treehouse in paradise

Live out your Hawaiian dream in this massive treehouse, suspended 20 in the lush treetops, five miles from Hawai’i Volcanoes National Park.

A Hollywood mansion — truly

Located in Davenport, Florida, on Fantasy Drive, the street name says it all. A bold mansion designed to offer the true Hollywood experience

Migration between major brokerages in 2023

The first quarter of 2023 shows some serious agent fluctuation at many of the country’s biggest brokerages.

Home price growth slows as inventory fell in May

Phoenix listings grew 28.7% from last year.

Most adults support housing densification in their neighborhood

These new homes are envisioned as “missing middle housing,” such as medium and large apartment buildings.

Case-Shiller: Home-price declines ‘may have come to an end’; Phoenix sees 0.5% gain

A second consecutive month of increases in the S&P CoreLogic Case-Shiller U.S. National Home Price Index could indicate a reversal of the negative trend that began last year. 

Sellers making concessions to buyers has doubled since 2022

The number of Phoenix sellers making concessions to buyers is up from last year.

PulteGroup appoints Kevin Henry chief people officer 

The incoming executive has held similar roles at BlueLinx Corp. and Extended Stay America. 

NAR: Limited supply keeps pending-home sales flat in April 

Despite solid demand, a dearth of homes for sale kept transaction numbers muted in the association’s most recent report on pending sales. 

Phoenix among country’s most active real estate markets

Ample residential, industrial and commercial construction makes the Southwest city a hub for real estate development, beat out by only Texas cities.

New-home sales rise for fifth month in a row 

A shortage of existing inventory continues to drive buyers to new construction. 

NAR: Existing-home sales and days on market slide in April 

Multiple-offer situations have returned with the spring buying season while distressed and forced sales are “virtually nonexistent,” the National Association of REALTORS® said.

PulteGroup hires COO 

The hire follows the December 2022 firing of the homebuilder’s senior vice president for field operations, who had been tapped to become COO on Jan. 1. 

Single-family starts rise in April 

Single-family permits also posted a gain, indicating even more new homes are headed to today’s supply-constrained housing market. 

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