News / Features

Arizona REALTORS®’ Step Up 2023 Conference coming up soon

Arizona Realtors from all over the state are invited to learn, connect and strategize at the event, which is themed “stepping up” to help create a better business for all.

Builder confidence rises again in March

Homebuilders expressed “cautious optimism” that the lack of existing inventory would drive demand for new homes despite high construction costs and interest rates, the National Association of Home Builders reported.    

Andrea Crouch named Phoenix REALTOR® of The Year

Phoenix REALTORS® named Andrea Crouch their 2022 REALTOR® of The Year. Crouch served as the president of the board of directors last year.

Multigenerational homebuying and mortgage-readiness fueling Latino homeownership rates

“Latinos are more mortgage ready. Latinos have made strides in income and are more educated in the homebuying process,” said Nidia Fromenta Peguero of Century 21 North East in Danvers, Massachusetts. “They don’t want to rent anymore.”

Hamilton Zanze rebrands Ironwood at Happy Valley apartments

“We believe Ironwood at Happy Valley will be an asset to the local community for years to come,” said Hamilton Zanze Chief Investment Officer, David Nelson.

MBA: Mortgage applications rise 7.4% despite increased rates

The Mortgage Bankers Association noted the increase in borrowing activity came despite the 30-year fixed mortgage rate climbing to its highest level since November 2022. 

Evictions surpass pre-pandemic levels in Phoenix

More Phoenix renters were evicted from their homes in 2022 than in any year in the past decade.

Jennifer Wauhob named NAR’s 2023 vice president of association affairs

Vice President of Association Affairs Jennifer Wauhob brings over a decade of experience to her new role with NAR.

High mortgage rates make million-dollar homes less common

As rising mortgage rates cool the market, the share of U.S. homes worth at least $1 million has fallen from an all-time high last year.

CoreLogic: Home-price growth slides to June 2020 pace

In January, home prices were up 5.5% annually and down 0.2% monthly, CoreLogic reported, citing its monthly Home Price Insights report. 

What history tells us about today’s interest rates

Keeping things in historical perspective can be tough when mortgage rates have roughly doubled in the last year. Mike Del Preto, a senior mortgage advisor at Fairway Independent Mortgage Corporation, helps provide a closer look at the numbers.

The racial gap in homeownership rates endures 55 years after the Fair Housing Act

Nearly 55 years after the Fair Housing Act was signed into law, Black homeownership still lags behind white homeownership.

A Vegas home transports you to Rome

This massive Las Vegas home is all about luxury: six bedrooms, nine bathrooms, expansive views … and a secret portal to Italy.

Report: Average home changes hands every 12 years

People staying in their homes longer is contributing to the lack of inventory that continues to impact buyers.

Scottsdale named one of the top coworking suburbs in America

Thirty-seven communities across the country made CoworkingCafe’s list of top coworking suburbs, including one in Arizona.

Zillow: Regrets from first-time sellers

Many feel they could have made a higher profit if they’d made better decisions. But are those regrets valid?

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