News / Features

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?

Home appreciation drives significant wealth gains in Phoenix

Homeowners in Phoenix have seen huge increases in home values over the past five years, leading to metro-wide gains in wealth.

Pace of annual home-price gains slows in latest Case-Shiller; Phoenix sees 2.9% increase

The S&P CoreLogic Case-Shiller U.S. National Home Price Index rose 5.8% year-over-year in December, compared to a 7.6% gain in November.

NAR: Pending-home sales jump in January

The 8.1% month-over-month increase in the National Association of REALTORS® Pending Home Sales Index was the largest gain since June 2020. 

New-home sales jump 7.2% in January

The median sales price of a new home declined on both a monthly and yearly basis, however, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported.        

FHA cuts mortgage insurance premium, touts expected savings for homebuyers

Mortgage insurance premiums on loans backed by the Federal Housing Administration will drop from 0.85% to 0.55% beginning March 20. 

Mutual of Omaha Mortgage acquires Keller Mortgage

The former Keller Williams lending unit will operate alongside Mutual of Omaha Mortgage’s existing mortgage divisions. 

Susan Nicolson appointed Arizona Real Estate Commissioner

Phoenix real estate veteran Susan Nicolson was appointed commissioner of the Arizona Department of Real Estate.

NAR: Existing-home sales post 12th monthly decline in January, as prices rise again

The 30-year fixed-rate mortgage averaged 6.32% as of Feb. 16, up from 6.12% a week before and 3.92% a year earlier. 

Mortgage applications decline after rate increase

The pace of mortgage applications fell 7.7% in the week ended Feb. 10, the Mortgage Bankers Association reported. 

As spring market approaches, Phoenix buyers are getting more for their money

With the spring housing market just around the corner, homebuyers are getting more for their money as their mortgage payments are stretching further than they have in recent months.

Builder confidence jumps in February

Builder confidence rose for the second consecutive month in February with a seven-point increase that brought it to its highest level since last September, the National Association of Home Builders said. 

NAR Relief Foundation seeks to raise $5 million in 2023 campaign

The REALTORS® Relief Foundation works to provide housing relief to victims of natural disasters. 

Phoenix rents up 7% as half of country sees double-digit increases

Rents continue to be an attractive option for potential homebuyers holding off until mortgage rates fall and for those not quite ready to buy.

New Subscribe(3)

  • This field is for validation purposes and should be left unchanged.