News / Features

Housing inventory faces largest decline since 2022

There are nearly 40% fewer homes for sale now than before the pandemic began

Arizona REALTORS® launches real estate scholarship program

Scholarship recipients will receive up to $1,500 and can use the money for pre-licensing school, exam expenses or initial state and national association dues.

Fed pauses interest rate hikes

The Federal Reserve on Wednesday halted its streak of 10 consecutive rate hikes since March 2022.

Phoenix is one of the most cost-effective cities in the world

Phoenix ranked as the fourth-most cost-effective city in the world, rising over every international city on the list other than No. 2-ranked Bucharest.

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.

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