News / Features

Off-MLS listing leads to lower selling prices, especially in communities of color

By choosing to list their homes privately, homesellers in 2023 and 2024 forwent a collective $1 billion, according to new research from Zillow.

Once again, baby boomers make up the largest share of homebuyers

“In a plot twist, baby boomers have overtaken millennials — the largest U.S. population — to become the top generation of homebuyers,” said Jessica Lautz, NAR’s deputy chief economist and vice president of research.

Rocket to acquire Mr. Cooper for $9.4 billion

The acquisition of the mortgage servicer comes on the heels of Rocket’s $1.75 billion deal for Redfin. 

NAR announces 61 job cuts, additions to senior leadership team

NAR recently announced major staffing changes. These include the elimination of 41 current positions and 20 open roles as well as multiple additions to the senior leadership team.

Bona fide modern art by the beach

Designed by architect Eric Owen Moss in 1977, the multifamily home is located just minutes from the Pacific Ocean in Playa Del Rey, California.

Pending home sales post surprise gain in February but remain sluggish

The National Association of REALTORS’® Pending Home Sales Index rose 2% month over month in February, topping an expected 0.9% gain. 

2024 saw record-high Hispanic homeownership — despite a declining annual rate

Hispanic homeownership reached a record high of 9.8 million in 2024, marking the largest annual increase among any racial or ethnic group for the second year in a row, according to new data from NAHREP.

WeSERV 40 Under 40: Young professionals earn industry recognition

WeSERV recently awarded its annual 40 Under 40 distinction to young agents who are emerging as local real estate leaders and giving back to their communities.

Arizona Realtors appointed to national leadership roles

“Craig, Patrick and Eric embody the excellence that defines Arizona,” Scott Drucker, CEO of Arizona REALTORS®, said in a press release.

NAR keeps Clear Cooperation but adds delayed-marketing option

The new policy allows sellers to put off marketing their properties for a period of time to be determined by their local MLSs. 

Land ho! A ‘boathouse’ on solid ground in Sarasota

This property is actually two properties: a landlocked “boathouse,” plus its own personal lighthouse.

Realty Executives partners with Lofty

Realty Executives International is now partnered with Lofty, a tech company that uses AI to power its CRM platform.

Phoenix home sales rise year over year in February

Nationally, home sales were down 2.6% year over year and up 8.4% month over month, RE/MAX said. 

Homebuyers motivated nationwide

Indicators of homebuying demand and activity are on the rise nationwide, according to a new report from Redfin.

The 10 most expensive new listings in Arizona

The priciest new listing in the Grand Canyon State is a $25 million property in Paradise Valley that features koi ponds, streams, gardens and an antique greenhouse.

NAR: Existing-home sales rise in February; market ‘flashing encouraging signs’

The median existing-home price was also on the upswing last month, providing homeowners a bit of refuge as the stock market undergoes a correction, Chief Economist Lawrence Yun said in the monthly report. 

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