What exactly goes into homebuilding costs, and how do those costs translate to profits for builders — and home prices for buyers?

For the first time in two years, home prices are on the rise in every major metro and Phoenix is one of them, according to a new Redfin report. 

The median existing-home price for all housing types in December rose 6% from its year-ago level.    

Willis initially served as president from 2002 to 2005 and as CEO from 2005 to 2014. He then resumed the post of CEO in November 2023 and took over as president again in March of last year.

Nationally, home sales were up 13.3% year over year and 4.4% month over month, RE/MAX said. 

Those regrets may explain why the survey also found that 59% of respondents said they plan to move in 2025.

The Eighth Circuit Court of Appeals has ruled in favor of defendant brokerages and agents using floor plans when marketing properties.

“Earning trust among those shopping for an active adult resort community is not something we take lightly,” said Jeff McQueen, president of active lifestyle communities at Shea Homes.

Zillow has released its list of the hottest real estate markets predicted in 2025 and Phoenix has made the rankings.

In 28 cities across the nation, the typical local family can afford less than 1% of for-sale properties. Among them: Glendale and Scottsdale.

After less than a year in the role, Amy Lessinger is exiting her position as president at RE/MAX, effective Jan. 17.

Matt Widdows, founder and CEO of Scottsdale-based HomeSmart, was the highest ranking Phoenix leader on the list at No. 25.

Joan Levinson of Realty ONE Group handled three of the most expensive new listings in Arizona last month.

The National Association of Home Builders (NAHB) has joined 15 states in a legal complaint to prevent the adoption of new minimum energy-efficiency standards.

Radiance at Superstition Vistas was the top-selling master-planned community in Arizona last year, according to RCLCO Real Estate Consulting’s ranking of the top 50 master-planned communities of 2024.

NAR signaled its intent to continue its Clear Cooperation policy, but the debate over the issue has not subsided. Brokerage leaders weigh in.