“Real estate technology continues to undergo a significant transformation, and the startups selected for the REACH program will play a critical role in helping to drive that change,” said Bob Goldberg, CEO of NAR and president of SCV.

Homes are lingering on the market longer, up 15% from last year during the four weeks ended Dec. 4, marking the largest uptick in home supply since 2015.

Sue Yannaccone, CEO of Anywhere Brands, will lead the brokerage as M. Ryan Gorman moves to a strategic-advisor role. 

In our annual questionnaire, we hear from managing brokers, mortgage lenders, developers and more to get their 2023 real estate predictions.

Real estate professionals and lenders offer their predictions for the Phoenix real estate market in 2023.

Life finds a way at this adventurous getaway in Washougal, Washington. The Jurassic Retreat is currently listed for $1.29 million.

Homebuyer demand is rising as mortgage rates continue to decline, according to a new Redfin report.

The projected year-over-year change in home sale transactions in the Phoenix-Mesa-Scottsdale region is -18.4%.

October’s 4.6% monthly drop follows a 10.2% decline in September, the National Association of REALTORS® reported. 

Housing prices were down in all 20 cities tracked by the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index.

New-home sales rose 7.5% month over month, while the median price of a new house surged to $493,000 from $455,700 in September and $427,300 a year ago, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported.   

The pace of new single-family home sales, meanwhile, fell 6.1% from September to 598,000. 

Phoenix came in at No. 88 in this year’s 2023 World’s Best Cities Report, a comprehensive annual study by Resonance Consultancy.

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

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

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