Can a mega-mansion in Paradise Valley bring in a record $75M?

The state’s priciest-ever deal sold for $28.1 million in Scottsdale in June 2022, but with the lure of features like a metaverse room, a spa that generates snow and a lazy river, developers in Paradise Valley think they can get $75 million for an estat… Continue reading

Construction platform Welcome Homes secures $29M Series A round

Era Ventures led the funding round for New York-based Welcome Homes, an online home construction platform that elevates the design and buy process of new property construction. Continue reading

6 real estate agent tips for partnering with new-home builders

To work with builders, your skill level has to be at your next level. From communication to presentation to organization to marketing — it’s time to raise the stakes to develop these relationships. Continue reading

New-home sales reverse course, climb 7.5% in October

Sales of newly built homes climbed 7.5 percent between September and October to a seasonally adjusted rate of 632,000, according to data released Wednesday from the United States Census Bureau. Continue reading

Ownly builds partner network to Shopify new construction sales

Ownly, a company that provides home builders a solution for online retail functionality, has established a couple of partnerships to further its goal of making buying new construction homes as easy as “couch to contract.” Continue reading

Homebuilder sentiment drops another 5 points in November

Confidence dropped to its lowest level among homebuilders seen since June 2012, according to the latest National Home Builders Association/Wells Fargo Housing Market Index on Wednesday. Continue reading

3 in 10 homes on market are newly built, the highest share in decades

A home for sale today is nearly twice as likely to be newly built than in 2019 as a glut of unsold projects reaches the market, according to a new report from Redfin. Continue reading

Selling new construction: 5 tips for working with property developers and buyers

For first-time homebuyers and empty nesters, construction projects such as subdivisions, townhouse complexes and condominiums are often the perfect mix of convenience and ease. Continue reading