Page 7 - Mark Stapp News Today

Build-to-rent communities are a cross between an apartment and a house.

Arizona State University's independent student-run news organization covering Tempe, Phoenix, Mesa and Glendale.

A recent report released by Zillow shows the average million-dollar home in Phoenix has shrunk in size.The median size of million-dollar homes fell by more than 1,000 square feet from 2019 to 2022.Mark Stapp is director of ASU’s Center for Real Estate Theory and Practice.“What you’re doing is you’re trying to combat rising costs by decreasing the overall size of the unit

The Arizona Association of Realtors, the largest trade association in Arizona representing more than 57,000 of the state's Realtors, has teamed up with Arizona State University's W. P. Carey School of Business and its Division of Real Estate to launch the ASU/Arizona Association of REALTORS Professional Salesperson Mentoring Program.

There has been inequity in access to housing for people of color for generations.From redlining to discriminatory lending practices, the effects are still being felt today for many Black and Latino families who never were able to accumulate or pass on wealth in this common way.And it turns out the inequities go beyond who can buy or rent a home. There is also a serious lack of

The Arizona housing market it showing signs of cooling down after a long period of skyrocketing real estate.

The Show's Out of Reach series is tackling the current housing crisis in our community.

Phillip Spears/Getty Images(NEW YORK) -- A difficult year for many homebuyers became even tougher when the Federal Reserve dramatically raised borrowing costs this week in an effort to tame sky-high inflation, experts told ABC News. For months, homebuyers have faced the dual challenges of skyrocketing mortgage rates and continued growth in home prices. Since mid-March, when the Federal Reserve instituted its first rate hike of the year, the average 30-year, fixed-rate mortgage has jumped from 4....

It’s no secret that the Valley is in the middle of a competitive real estate market.
But, a real estate expert says there’s a little bit of a shift happening.

Twenty-six of 32 experts canvassed by Insider's reporters said the housing market would not crash as it did in 2008. They outlined several reasons.