New home construction missed analyst estimates in September, falling 8.1% month over month to an annual rate 1,439,000 homes, according to government statistics. 

Mortgage rates rose to 6.9%, the highest they’ve been since April 2002.

Phoenix led the way among large metros with 167.3% growth in active listings, followed by Raleigh, N.C., (166.1%) and Nashville (125.3%). 

First-time homebuyers now make up 45% of current homebuyers, according to Zillow. The numbers represent a rebound from the lows of the pandemic.

The new franchise will be the brokerage’s 16th in Europe as it pursues other expansion opportunities around the world. 

Single-family homes had a median sale price of $470,000 in September, down from $475,000 the previous month and from its peak of $510,000 in May.

The former chairman and CEO of the homebuilder died of Parkinson’s disease at 81. 

The Atlanta-based multifamily firm is expanding into Denver, Phoenix and Salt Lake City. 

Communities on the list were ranked based on economic opportunities, quality of life, diversity and where the best futures lie.

The markets cooling fastest are many of the same places that saw the biggest spikes in home prices during the last three years. 

RE/MAX Holdings, Inc. has named Grady Ligon as its new chief information officer. Ligon brings 20-plus years of experience to the position, as well as his proven track record for integrating technology to enhance business growth.

Looking ahead, CoreLogic expects the year-over-year pace of home-price appreciation to slow to 3.5% by August 2023. 

Market volatility is causing more and more homebuyers to delay or cancel plans to make a purchase.

As if a lakeside property were not fun enough, this home in Madison, Wisconsin. includes a large spiraling slide in the foyer.

The National Association of Realtors® has named Revive as the winner of the 2022 Innovation, Opportunity & Investment (iOi) Summit “Pitch Battle.”

The average retirement income in Arizona is $30,168 (20th among all states).