McKinney ranked as the No. 1 real estate market in the country.

High mortgage rates and limited inventory continued to weigh on sales activity, National Association of REALTORS®Chief Economist Lawrence Yun said. 

MLS freeze strikes agents in Florida, Massachusetts, Indiana, New York, California and elsewhere.

Single-family home permits and completions, meanwhile, also rose, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. 

Homes where the loan-to-value ratio is 50% or lower — equity-rich homes — are on the rise, which is good news for homeowners.

Meanwhile, July’s home sale prices had their highest increase since November.

Chicago-based brokerage Fulton Grace Realty is expanding into Arizona with its first franchise partner.

This real-life Barbie dream house in Phoenix has everything a Barbie girl could want — life-size Ken not included.

The industry group issued its housing-market forecast along with its monthly Pending Home Sales Index for June. 

National Association of REALTORS® Chief Economist Lawrence Yun took issue with the increase, saying the central bank has created “a rare and very tight monetary policy condition.” 

The property even includes some original church features, like stained glass windows and an actual pipe organ.

The median existing-home price for all housing types in June rose to $410,200, 0.9% less than the all-time high of $413,800 reached in June 2022, the National Association of REALTORS® said. 

Low inventory and high demand are buoying builder sentiment in the face of several headwinds. 

The drop in the pace of new-home construction follows a significant surge the month before, according to government statistics. 

Despite the declining rate of increase, home prices have risen for the last 136 months, CoreLogic said. 

For the first time in almost 12 months, the average U.S. home is selling above its asking price, as the average sale-to-list price ratio hit 100.1% earlier this month