Real Estate News and Auction

Mortgage applications are down and home sales have slumped as rising mortgage rates scare away some potential buyers.

Stacker compiled a list of cities with the fastest-growing home prices in Phoenix-Mesa-Scottsdale, AZ metro using data from Zillow.

Signed contracts dropped by nearly double what analysts expected in April.

Phoenix, Mesa, and Glendale all ranked among the top 25 rising housing markets in America, according to SmartAsset research.

Instead of locking in a fixed rate for 15 or 30 years, the needle moves with the market.

MORE: https://www.wthr.com/article/money/whats-the-deal/homebuyers-turning-to-adjustable-mortgage-rates-to-save-real-estate-lending/531-ed67ff9e-39fd-4d9a-97d2-e763baba3ef6

Sales of new homes in the US slowed to an annual pace of 591,000 units in April, falling well below the 750,000-unit forecast to a two-year low.

The companies all debuted within a few slots of established player Realogy, and highlight both the role of tech in real estate and the rise of bitter rivalries.

If you’re stretching to buy a home, here are some tips and tactics to help you navigate a challenging market.

Compass' latest financial results reveal a company that burned $142 million in cash during the first three months of 2022, with $476 million left in the bank. Why it matters : Manufactured profitability metrics aside, cash is the fuel that powers all businesses. Compass has a track record of si

It might seem at first glance like the US housing market is in a bubble ready to burst. Most experts say that's not the case.

Over the past month, the odds of a home price correction spiked. That's according to an analysis CoreLogic ran for Fortune this week.

If you are among real estate investors or real estate wholesalers, there are new laws that will affect you. Here's a look.

As credit availability tightens thanks to rising interest rates, loan approvals become more elusive. But seller financing presents a back-door to homeownership.

Metro Phoenix rent price exceeded the national numbers, with a median rental price of $1,915, a 20.1% year-over-year increase.

Housing demand is pulling back—fast—and the chief economist for Moody's Analytics has seen enough: "The housing market has peaked."

Most of the homes seeing the biggest price cuts are in the $800,000 to $1.5 million range.

"Killing the economy through raising interest rates is not going solve inflation any timeframe," Stiglitz told Bloomberg in an interview in Davos.

Home values in the Sun Belt boomtowns spiked, but now rising mortgage rates, inflation, and recession fears are starting to pinch.

Zillow and realtor.com's Q1 results shine a light on two key factors: overall revenue growth is slowing in a cooling market, and Zillow's next gen lead gen business, Zillow Flex, is building momentum. Why it matters : Zillow is going all in on next gen lead gen ; it's an important evolution of

2021 was a record year for Opendoor, and 2022 may be even bigger. To date, Opendoor has exponentially increased its advertising spend and homes purchased. Why it matters : The latest data reveals a company doubling down on growth, despite rising market uncertainty and the risks illustrated by Zi

April sales were slowest since the beginning of the pandemic boom; the median price for existing homes grew to $391,200.

With Arizona's real estate market continuing to set records for sale prices and swiftness of sales, there is another increasing element: The number of legal cases that revolve around misrepresentation in real estate. Patrick MacQueen and Ben Gottlieb from MacQueen & Gottlieb, the No. 1 real estate law firm in Ranking Arizona, talk about how buyers and sellers can protect themselves from the legal ramifications of misrepresentation in real estate.