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).

The price index dropped in Phoenix, too, declining 0.12% from June to July. Year over year, the Phoenix home price index is up 13.51%.

While 23% of residential Realtors claim they have feared for their safety while on the job, 98% reported that they have never been the victim of a crime while at work.

In Phoenix, 26.4% of Redfin offers faced competition in August

Sales of new homes in the U.S. jumped 28.8% between July and August, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.  

NAR and the National Forest Foundation (NFF) plan to plant 1.575 million new trees by the end of 2025, thanks to a $1.575 million donation from NAR. That many trees will reduce 750,000 metric tons of carbon in the atmosphere — the equivalent of 145,931 homes’ yearly electricity use.

The mortgage lending and digital finance company Guaranteed Rate has launched an extensive Language Access Program to expand services to Spanish-speaking clients. The program uses language and cultural information to create an inclusive and informative experience for all clients, regardless of their English proficiency.

Two economists expressed concerns about the real estate industry in the wake of the Fed’s decision to raise interest rates by three-quarters of a percent. 

The median single-family home price in the Phoenix metro area in 2011 was $115,500. Ten years later, it was $415,400, nearly a 260% increase.

Enter the Upside Down… in Fayetteville, Ga! The famous Byers home from “Stranger Things” is officially on the market.

The median existing-home price for all housing types in August was $389,500, a 7.7% rise from the year before. 

The NAR’s Community Aid and Real Estate (CARE) Report shows that REALTOR® associations donated a median of $12,070 this past year, a 20% increase over 2020.

New-home construction posted a 12.2% month-over-month increase in August, thanks in large part to a significant jump in multifamily building.  

More than 20,600 homes were on the market in August, compared to 8,700 during the same month in 2021.

Developer Thompson Thrift has acquired 35 acres in Gilbert with plans for luxury apartment homes and more than 200,000 square feet of restaurant and retail space.