Phoenix

Build-to-rent explodes in Atlanta — and agents are taking notice

No major U.S. metro area has more single-family rental (SFR) homes owned by institutional investors than Atlanta, with current totals sitting at roughly 72,000 houses — nearly doubling No. 2 Phoenix. That concentration represents about 30% of Atlanta’s single-family rental market, a share 10 times the national average, according to a new report from the […]

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Inventory rises as pricing lags in the spring housing market

The spring housing market is doing what it typically does this time of year: inventory is rising and new listings are coming online at a faster pace. But pricing has not moved with it. That timing gap is becoming one of the most important signals for housing professionals right now. This builds on last week’s

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Sun Belt leads sales volume but posts nation’s lowest absorption rate

The Sun Belt region continues to dominate the U.S. housing market in raw transaction volume, recording 25,857 weekly home sales across its metropolitan areas, nearly six times the Northeast’s 4,452 sales and more than double the West’s 11,061 transactions. However, this sales advantage masks a market efficiency gap. The Sun Belt’s inventory of 353,916 properties

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Bonus Homes lands in Phoenix, unveils home equity release option

Bonus Homes, a real estate technology and investment firm, announced on Tuesday plans to open its headquarters in the Greater Phoenix area after raising $65.5 million in seed funding. A press release from the company said that the seed funding is from Solyco Capital, Redwood Trust, Nextview Ventures, Operate Ventures and Alpaca VC. With the

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Realty Executives International unifies Arizona operations

Realty Executives International will consolidate its Arizona operations under a single ownership structure, effective Aug. 1. The consolidation combines the company’s Phoenix and Yuma brokerages with existing offices in Tucson, northern Arizona and the White Mountains under the Realty Executives Arizona Territory name. The realignment brings together nearly 1,000 agents across 24 statewide offices, with

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