News / Features

CoreLogic: Home prices rise again in May, but pace falls to 11-year low 

Despite the declining rate of increase, home prices have risen for the last 136 months, CoreLogic said. 

Phoenix’s share of luxury listings ranks in the top 15

Point2 compared the share of luxury listings across the 30 largest U.S. cities — and Phoenix is among the top 15.

NAR launches podcast highlighting Realtor safety

Set to debut on July 17, “Drive with NAR: The Safety Series” will be hosted by former real estate agent and expert, Tracey Hawkins.

Arizona more expensive than most states for price per square foot

Arizona had an average price per square foot of $252. 

A close encounter in Kansas City

In Kansas City, Missouri, is a home that’s truly out of this world. Newly remodeled, the building resembles a spaceship, sending buyers to infinity and beyond!

Get your kicks on Route 66!

Located off the original Route 66 in Carlinville, Illinois, this former church is a gateway to history — but full of future opportunity.

As construction surges, builders are confident once again

It’s been a groundbreaking time for new home construction — literally. The annual rate of new construction surged to 1.631 million units in May: the biggest leap in 33 years.

Former employee sues NAR, alleges discrimination by President Kenny Parcell

The National Association of REALTORS® has been named in a new lawsuit by Janelle Brevard, the organization’s former chief storyteller. NAR President Kenny Parcell is named multiple times in the complaint.

NAR: Pending-home sales dip in May as demand remains strong 

Transactions that do go through are typically seeing multiple offers, NAR Chief Economist Lawrence Yun said. 

Case-Shiller: Home-price index just 2.4% off 2022 peak; Phoenix sees 6.1% decline 

A third consecutive month of increases in the S&P CoreLogic Case-Shiller U.S. National Home Price Index lends new evidence to claims that previous declines could be behind the market. 

New-home sales surge in May 

Demand for newly built homes has remained strong as high interest rates keep many would-be sellers of existing homes off the market. 

Lisa Paffrath appointed treasurer of Arizona REALTORS®

Paffrath is replacing Mandy Neat, who stepped down from the position after accepting a position with the Deputy Commissioner of the Arizona Department of Real Estate.

NAR: Existing-home sales tick higher in May 

At the same time, the median existing-home price for all housing types slid 3.1% year over year to $396,100. 

NAR CEO Bob Goldberg to retire at end of 2024

Goldberg’s retirement comes after 30 years of service with NAR and four decades of real estate experience.

Camelot Homes partners with The Brokery

Phoenix-area firm The Brokery will exclusively handle the sales for two Phoenix-area communities from Camelot Homes.

Single-family home starts jump in May 

The larger-than-expected increase comes as homebuilder sentiment rose for the sixth month in a row. 

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