News / Features

FHA allows borrowers to obtain private flood insurance

In the wake of this new rule, FHA borrowers will have a choice between federal flood insurance and private flood insurance.

Taylor Morrison launches Yardly build-to-rent brand 

The brand will specialize in cottage-style homes with private backyards. 

Paradise Valley ZIP code 85253 named one of the priciest in the nation for real estate

From January through October of this year, the Maricopa County ZIP code had a median home sale price of $2.9 million. 

NAR: Existing-home sales fall again in October as prices continue to rise 

The median existing-home price rose for the 128th month in a row, extending its record-breaking streak of increases. 

Housing inventory in the Phoenix area more than doubles year over year

Housing inventory in the Phoenix area grew 136.6% in October, compared to the same month last year.

Housing starts slow in October but remain elevated 

The number of homes under construction rose during the month, as homebuilders continued to work through a large backlog of homes. 

MBA: Mortgage applications rebound on lower rates 

The largest single-week decline in conventional mortgage rates since July brought the first increase in home-loan applications since September, the Mortgage Bankers Association said. 

Scottsdale, Chandler ranked among top cities for families with children

The 100 most populous cities in the U.S. were ranked in several categories, including affordability, schools, safety, recreation opportunities and other socio-economic factors. 

NAR names Utah Realtor as 2023 president 

The appointment was one of many leadership announcements the National Association of REALTORS® made at its annual convention in Orlando, Florida. 

Redfin cuts 13% of its workforce, eliminates RedfinNow

The company will let go of 862 employees and eliminate the roles of another 218 people, Redfin CEO Glenn Kelman said.

Residential Real Estate Council hires new CEO 

The new chief executive previously served as CEO of the Women’s Council of Realtors®. 

Homebuyer demand stabilizes as mortgage rates dip

Homebuyer demand is starting to stabilize as October home sales posted the largest decline since 2015, according to a new report.

A whale of a good time — in British Columbia

Vancouver Island is great for whale watching. But at this home, you won’t even need to leave the front porch!

A literal treehouse in Pismo Beach

Within the city of Pismo Beach, an authentic treehouse stands tall — and it’s currently listed for $3.8 million.

Phoenix named one of the cities with the best real estate prospects in 2023

The 44th edition of the in-depth forecast report examined 80 cities to determine trends in the real estate industry for 2023.

Arizona REALTORS® names 2023 executive committee

The Arizona REALTORS® installed its 2023 state and regional association officers during its annual leadership conference in Tucson last week. 

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