News / Features

Mortgage applications slide with rate hike and more Ukraine uncertainty ahead

“Investors are weighing the impacts of rapidly increasing inflation in the U.S. and many other parts of the world against the potential for a slowdown in economic growth due to a renewed bout of supply-chain constraints.” — MBA associate vice president of economic and industry forecasting Joel Kan

Scottsdale named No. 21 best city to live in America

Rankings were calculated in several areas, including crime rates, public schools, housing trends, cost of living and nightlife.

First American Financial names Hurst its first chief innovation officer

The company has named Paul Hurst its chief innovation officer, a new role that reports directly to CEO Ken DeGiorgio.

Ahead of Fed hike, homes selling at a record pace

Of the homes that went under contract during the four weeks ended March 6, 58% had an accepted offer within the first two weeks of going on the market, and 45% had an accepted offer within just one week, Redfin reported.

Opinion: Now’s the time to help the people of Ukraine

Paul Ratha Yem is a Massachusetts real estate broker and former Cambodian refugee who sees parallels between his story and the women and children escaping war-torn Ukraine.

NAR: Russia-Ukraine tensions unlikely to impact U.S. housing market 

Foreign buyers accounted for less than 2% of U.S. residential real estate transactions last year, and Russian buyers accounted for less than 1% of those, the National Association of REALTORS® reported. 

Mortgage applications rise, interest rates fall as Ukraine uncertainty roils markets 

“Looking ahead, the potential for higher inflation amidst disruptions in oil and other commodity flows will likely lead to a period of volatility in rates.” — MBA associate vice president of economic and industry forecasting Joel Kan 

Take this Illinois ‘dome home’ for a whirl

Just an hour from outer Chicago, sits a spaceship-like structure: Illinois’ famous rotating house.

RE/MAX celebrates 2 million transaction sides at annual convention in Las Vegas 

The real estate franchisor’s 140,000 agents closed more than two million transaction sides in 2021 to become the first real estate brand to do so in a single calendar year, according to the company.

MoxiWorks acquires lead nurturing platform ActivePipe

Real estate technology platform MoxiWorks recently announced the acquisition of ActivePipe, a lead nurturing platform for real estate professionals.

NAR issues statement on Russia-Ukraine crisis

The National Association of REALTORS® released an official statement this week regarding Russia’s invasion of Ukraine.

Phoenix among top 5 metros for real estate development

StorageCafe conducted a study on construction in the 50 largest metros — and among them, Phoenix-Mesa-Chandler ranks fourth for growth.

Pending-home sales slide for third month in a row 

“Given the situation in the market — mortgages, home costs and inventory — it would not be surprising to see a retreat in housing demand.” — NAR chief economist Lawrence Yun 

What do agents want from brokerage technology? @properties Christie’s International Real Estate investigates

@properties Christie’s International Real Estate has released the findings of a new survey focused on brokerage technology.

High prices, construction bottlenecks crimp new-home sales in January

“Builders are entering 2022 with backlogs that they are having a hard time completing due to material and labor shortages, and new-home prices are sitting near a historic high.” — First American Deputy Chief Economist Odeta Kushi

Rising interest rates could bring balance to the housing market

While rising interest rates may lead to more reductions in the housing supply, it may also bring some much-needed balance to the market.

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