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Builders are reporting offering smaller homes, buying land farther from urban centers, and paring back features to help lower costs and sales prices.

The National Association of Realtors’ (NAR) antitrust verdict will have a profound effect on how homes are bought, sold, and commissions are paid. The trial, formally known as the Sitzer/Burnett Commission lawsuit, saw the NAR and major real estate companies unsuccessfully defend themselves in an antitrust case. The judge ruled they conspired to drive real estate commissions higher and levied a fine just north of $1.7 billion, which could be tripled under antitrust legislation.

Sales of new single‐family houses in September were at a seasonally adjusted annual rate of 759,000, according to estimates released by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 12.3% above the revised August rate of 676,000 and is 33.9% above the September 2022 estimate of 567,000.

However, forward-looking permit data reflects market uncertainty and the challenges of persistently high mortgage rates.

Are you looking for a home in Phoenix? Get ready for a challenge. RE/MAX released its National Housing Report for August, and the news out of Arizona may shock potential buyers.

To get the most out of design center appointments, homeowners should bring a list of upgrade priorities, the budget and plenty of inspiration

he Fannie Mae Home Purchase Sentiment Index remained effectively unchanged in August, with 82% still saying it’s a bad time to buy.

The 30-year fixed-rate mortgage (FRM) surpassed 7% for the week ending Aug. 17, reaching its highest level in over 20 years, according to the Primary Mortgage Market Survey from Freddie Mac. The 30-year FRM averaged 7.09%, up from 6.96% the prior week and from 5.13% during the same week a year ago.

Livabl has all the information about Taylor Morrison — a well-established and reputable builder who knows Arizona well. Based in Scottsdale, Taylor Morrison builds in 67 communities throughout the Phoenix metro.

New-home sales remained strong through June despite the persistence of high mortgage rates in the economy, according to Zonda’s New Home Market Update report.

The 2024 Virtual Concept Home by Livabl is full of innovations to help homebuyers live their best lives — in a home designed to be flexible and attainable.

The controversial rule the NAHB and NMHC say will negatively affect housing affordability remains in effect in 24 states.

When moving into a brand-new home, having appropriate furniture for the new space’s scale, size, and style is essential. New furniture will make a new construction home look and feel finished and enhance usability.

According to the NAHB and the NMHC, the rule will add regulatory burdens, negatively impacting affordability.

Take advantage of builder incentives. Look for discounts, financial incentives and upgrade allowances to negotiate the price of your new home

Should I buy a new home in 2023? With mortgage rates stabilizing and the market cooling, buyers can negotiate and weigh their options.