At World Properties LLC, the Chicago-based company that owns @properties and Christie’s International Real Estate, has agreed to settle all claims brought by sellers relating to broker commissions.

CoStar Group Inc., a global real estate information marketplace, will acquire Matterport, which pioneered the development of “digital twins”: the 3D capture method which can deliver photorealistic, virtual home tours.

“As a luxury developer new to Arizona and eager to take a prudent approach, sales for Portico outpaced all our expectations,” said Elizabeth Brooks, executive vice president of sales and marketing for Belgravia Group.

Trilogy Investment Company broke ground on Rêve at Avondale Station, a 107-home build-to-rent community in the Maricopa County city of Avondale.

Among the big winners were Camelot Homes, which won Builder of the Year, up to 250 closings, and Shea Homes, which won Builder of the Year, over 250 closings.

The survey also revealed that 22% of builders cut home prices this month, down from 24% in March and 36% in December.

NAR and other housing groups backed the lawsuit and submitted statements to the justices.

Among the top award recipients were the Allan & Murphy Luxury Property Group, which was named the No. 15 small team in the brokerage’s global network.

All 123 homes in Marketside Tercera at Verrado, a neighborhood within the Verrado master-planned community in Buckeye, are sold out.

The priciest new listings in Arizona include a $15,000,000 stone estate with donated beams from the Hopi Nation and repurposed materials from a 15th century Spanish mission.

An appeals panel ruled the DOJ could resume its antitrust investigation into NAR. 

Pareja replaces former CEO Glenn Sanford, who will maintain his roles as founder, chairman and CEO of eXp World Holdings.

Millennials surpassed baby boomers to make up the largest share of homebuyers last year, according to NAR’s latest Home Buyers and Sellers Generational Trends report.

The state where home values have increased the most was Idaho, which saw a 171.03% increase in home values from 2013 to 2023.

Advertised as a monolithic dome home, this rounded dwelling in Central Florida offers energy efficiency and weather resiliency.

In 2020, median renovation spending was $15,000. That amount increased by 60% in three years, with the median home renovation costing $24,000 in 2023.