Build-to-rent homes hit record high in 2024 with no signs of slowing

In 2024, a record 39,000 single-family rental homes were completed, marking a 15.5 percent jump from the previous year, according to a Point2Homes analysis of Yardi Matrix data released Wednesday. Continue reading

US home prices rose modestly in January, led by NYC and Chicago

The FHFA Housing Price Index posted a 4.8 percent annual growth rate while the S&P CoreLogic Case-Shiller Indices showed a slightly lower increase of 4.1 percent, according to new data released Tuesday. Continue reading

Arizona marks 1st move beyond East Coast for SERHANT.

The new market is launching with over 50 agents who represent more than $500 million in sales volume over the past 12 months and who will offer more than 100 listings to start. Continue reading

Zillow CFO shares $5B revenue goal at Morgan Stanley conference

The portal is on track to reach co-founder Rich Barton’s $5 billion revenue goal, Zillow CFO Jeremy Hofmann said Wednesday at Morgan Stanley’s Technology, Media & Telecom Conference. Continue reading

Want to get more for your sellers? List in late May

Despite a slow start to the year, Zillow’s latest report said May might be a potential goldmine for homesellers. Listings that go live during the last two weeks of May receive a premium of $5,600. Continue reading

Non-member MLS option may boost Phoenix Realtors’ revenue

By offering an option to skip state and national Realtor membership, the local association stands to earn 84 percent more per agent while brokers and agents pay hundreds less, according to an analyis. Continue reading

NAR, Phoenix Realtors settle fight over MLS Choice

The Arizona association will withdraw MLS Choice, but will still offer some resources to people holding real estate licenses who are not members of NAR. Continue reading

Homebuyers gain leverage as sellers cut prices: Zillow

Prospective homebuyers have a better shot at securing a dream home as sellers continue to lower listing prices, according to a recent analysis by Zillow. Despite persistently high mortgage rates, buyers are capitalizing on these price reductions to neg… Continue reading

Homebuyers remain sidelined despite more listing options

Even with an uptick in new listings, homebuyers aren’t rushing into the market. Instead, demand has dipped, leaving a growing supply of homes sitting as buyers remain hesitant about their next move, according to Redfin’s latest data analysis. Over the … Continue reading

Texas-based mega MLS will no longer require Realtor membership

The Austin Board of Realtors’ Unlock MLS will offer non-Realtor subscriptions starting June 1. Continue reading