News / Features

Phoenix one of the top cities for office-to-apartment conversions

Former office spaces in Phoenix are slated to be turned into over 1,300 apartment units in 2024 — that’s a 114% increase year over year.

December pending home sales surge past expectations

Pending home sales rose 8.3% month over month, the National Association of REALTORS® said, marking the largest monthly jump since 2020. 

Arizona Housing Fund expands fundraising efforts to notaries

The Arizona Housing Fund is expanding its Escrow Donation Program to include notaries at AZ48 Notary Services thanks to the company’s owner and principal Amita Sall.

December new-home sales jump 8%

Declining interest rates spurred the increase. 

Own the home — and garage — where Jeff Bezos founded Amazon

Formerly rented by Jeff Bezos in the 1990s, this Bellevue abode is the true birthplace of Amazon.

NAR: Existing-home sales slid 1% in December but are expected to rise

At the same time, the median sales price rose 4.4% to $382,600. 

Builder confidence jumps in January on falling mortgage rates

The NAHB/Wells Fargo Housing Market Index (HMI) rose seven points to 44, its second monthly increase in a row. 

Power players in Phoenix real estate named to SP 200

Matt Widdows, founder and CEO of Scottsdale-based brokerage HomeSmart, was the highest-ranking Phoenix professional on the list at No. 16.

Home listings grow as prices stabilize

Home listings grew in December as housing prices stabilized, closing out an interesting 2023 for the real estate market.

Arizona REALTORS® EDI Committee to put on Homebuyers Workshop this month

The Arizona REALTORS® Equity, Diversity & Inclusion Committee will put on a Homebuyers Workshop on Jan. 20, in partnership with Chase Bank.

NAR President Tracy Kasper resigns after receiving threat to reveal ‘personal’ matter

NAR President-elect Kevin Sears will move into the role of president, effective immediately.

The 10 most expensive new listings in Arizona

Nine of the 10 most expensive new listings in Arizona are located in Paradise Valley — including a luxury listing with a $50 million price tag.

Radiance at Superstition Vistas makes RCLCO’s Top 50 Master-Planned Communities of 2023

Radiance at Superstition Vistas, a master-planned community in Apache Junction, was recognized by RCLCO Real Estate Consulting’s ranking of the top 50 MPCs in the country.

What the recent surge in single-family construction means for 2024

The growth in November housing starts was seen across all United States regions, including a notable jump of 16.3% in the South; starts were up 1.4% in the Midwest.

2024 market outlook: What needs to happen for a robust year

Three real estate CEOs — Victor Ciardelli, Erik Doersching and Thad Wong — explain what needs to happen in real estate for a robust year.

Revealing the top home shopper search terms of 2023

A Zillow analysis of more than 250 billion online searches shows storage and outdoor amenities to be among the top preferences for American home shoppers in 2023.

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