News / Features

Nearly one-third of homes for sale are new construction

New single-family home sales increased by 12.3% during September, the fastest pace since early 2022.

Likely increase in first-time Hispanic homebuyers

Around 70% of new homebuyers will be Hispanic by 2040, according to projections from the Urban Institute. Based on the 2020 Census data, Hispanics are the quickest growing demographic in the U.S. However, with rising interest rates and escalating home prices, affordability issues are appearing for young Hispanic homebuyers.

New-home sales jump in September despite interest rates 

The median price of a new home sold during the month fell to $418,800 from $433,100 in August, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported. 

An 1800s castle, restored to modern glory

This Midwest castle, built in the late 1800s, stands as an authentic reproduction of a Richardsonian Romanesque Scottish castle.

Dominium opens Phoenix affordable community, with plans for two more

All three of Dominium’s Phoenix-area affordable housing projects benefited from Section 42 of the Low-Income Housing Tax Credit (LIHTC) program, which provides funding to increase the supply of affordable rental housing.

Camelot Homes wins big at 2024 National Housing Quality Awards

Camelot Homes took home the highest honor at the 2024 National Housing Quality Awards, sponsored by Pro Builder Media — the Gold award.

A storybook castle nestled in private woods

The castle is listed by Richard Bassford, leader of The Bassford Team at RE/MAX Concepts Bettendorf, for $700,000.

Short supply helps drive existing-home sales to 13-year low 

The median existing-home price for all housing types in September was $394,300, up 2.8% from $383,500 in September 2022.   

Build-to-rent townhomes coming to Arcadia neighborhood

Plans for 56 at Arcadia include 40 rental townhomes of five varying layouts, ranging from two- to three-bedrooms.

Housing starts rebound in September after August dip 

Specifically, single-family homes were built at a seasonally adjusted annual rate of 963,000, up 3.2% from 933,000 in August and up 8.6% from 887,000 a year earlier, according to government figures. 

The hottest home trends of 2024 — according to Zillow

Brutalist style and sensory gardens may seem at odds — but they are both hot home design trends that will rule 2024. At least, according to new predictions from Zillow.

Buyer agent commissions hang in the balance during federal case beginning this week

No matter what the jury decides, it could take years for the appeals process to work itself out, delaying any potential changes to agent commissions.

This Phoenix ZIP code boasts the most new rental construction

The Pheonix ZIP code of 85281 ranked among the top 10 in the country in terms of new apartment construction, according to RentCafe.

Homebuyers from all demographics are waiting for the same thing: lower prices and mortgage rates

Two recent reports from the National Association of REALTORS® examine the challenges faced by today’s homebuyers from both the consumer’s and the Realtor’s perspective.

Realty Executives Phoenix collaborates with Bubble Insurance

Bubble’s system also includes Bubble HomePal, which matches clients with policies and coverages based on the most common environmental risks and hazards for a given home or area.

Buyers can now search by school on Zillow

Prospective buyers can access the search-by-school feature via the search bar on Zillow’s iOS mobile app.

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