Real Estate News and Auction

On today’s episode, Editor in Chief Sarah Wheeler talks with Lead Analyst Logan Mohtashami about inflation numbers and how that data is impacting mortgage rates. The two also discuss a possible trade war and housing inventory.

Related to this episode:

Housing demand positive, but at risk from higher mortgage rates | HousingWire
https://www.housingwire.com/articles/housing-demand-positive-but-at-risk-from-higher-mortgage-rates/

Enjoy the episode!

The HousingWire Daily podcast brings the full picture of the most compelling stories in the housing market reported across HousingWire. Each morning, listen to editor in chief Sarah Wheeler talk to leading industry voices and get a deeper look behind the scenes of the top mortgage and real estate stories. Hosted and produced by the HousingWire Content Studio.

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What's in your Wallet

Pace Morby sits down with Jarrod Ochsenbein, a co-living investor in Arizona, to break down how he built $6,000 a month in cash flow with just three single-family homes. Jared shares how he turned a year of real estate into a thriving business, why he chose the co-living model, and how he keeps costs low while providing exceptional value to residents. Learn how Jared screens tenants, avoids common pitfalls, and maximizes profits while offering affordable housing solutions.

Follow Jarrod:
https://www.instagram.com/reijarrod/
https://www.youtube.com/@ReiJarrod

NAR sent the cease-and-desist letter to Phoenix Realtors over its MLS Choice option, which gives brokers access to state-compliant forms and legal aid but may also violate its three-way agreement.

There's a lot of demand for new homes in the Phoenix, AZ market, but some home builders are putting these houses in locations that are.....not great.

Let Me Help You Find The Perfect Home 👉https://bit.ly/love_your_new_home

Homebuyer demand hits near 8-month high with 8% YoY growth as mortgage rates drop to 6.69%. New listings surge 7.9% while pending sales climb 4.1% YoY, signaling market momentum.

Expired Listings

Arizona here we come

Expired Listings

Zillow Showcase Listings by Mountain Lake Realty

just sold

Youir Agent is throwing a Hail Mary

Economists and real estate agents believe activity will remain strong amid lower borrowing costs and favourable rules for buyers. Read more.

“The growing older demographic is more knowledgeable about renovations and planning for their future needs, especially as they prepare to age in place,” says a luxury bidet company exec.

The National Association of Realtors (NAR) has recently intensified its stance on Multiple Listing Service (MLS) access by issuing a cease-and-desist letter to Phoenix Realtors. This action challenges the association's new "MLS Choice" option, which allows brokers to access the MLS without adhering to the traditional three-tier membership system that includes NAR and the Arizona Association of Realtors. NAR contends that this model undermines the standards of the Realtor brand.
REAL ESTATE NEWS

This development is part of a broader national debate concerning MLS access and NAR's policies. For instance, the Park City Board of Realtors in Utah has chosen not to enforce NAR's Clear Cooperation Policy, citing concerns about potential litigation and the policy's impact on agents and consumers.
NOWBAM

These disputes highlight the ongoing tension between local real estate associations seeking flexibility in MLS access and NAR's efforts to maintain uniform standards across the industry. The outcomes of these conflicts could significantly influence how real estate professionals access MLS services and the overall structure of real estate associations nationwide.

With housing demand surging, Gilbert has made significant strides in expanding its inventory—but challenges like affordability still loom.