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AZ MLS Housing Supply Up 113% Over Last Year
For Buyers: Market conditions continue to get better for buyers undeterred by rising mortgage rates. Over the last 10 weeks, there has...
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AZ Housing Market in Downward Trend
A downward trend in the housing market was anticipated, but it wasn’t anticipated to be so dramatic and quick. The softening trend is now...
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Signs the AZ Housing Market is Slowing Down Quickly
We are seeing signs our housing market is pointing towards a "softening". We aren't talking a crash...just a housing market that is...
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MLS Supply Up 45% in 6 Weeks: Rising Interest Rates Dropping Demand Quickly
For Buyers: It’s the moment you’ve been waiting for, less competition and more supply in Greater Phoenix! Active supply is up 40% from...
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57% of Sales are Over Asking Price: Median Sale Price Up 27% to $457,000
For Buyers: Supply is still the top concern for buyers these days and we continue to look to new construction to add new homes and ease...
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Greater Phoenix Housing Market Far from Weak...Prices to Appreciate in the Foreseeable Future
For Buyers: Don’t be fooled by the small increase in supply and decrease in demand compared to last year. The Greater Phoenix housing...
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Greater Phoenix is Not Close to Peaking in Price for Residential Resale
For Buyers: Don’t be fooled by the small increase in supply and decrease in demand compared to last year. The Greater Phoenix housing...
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Housing Market Fact OR Fiction...Test Your Knowledge
When it comes to the current housing market, there are multiple misconceptions – from what the current supply of available homes looks...
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Homes Under Contract Between $400K-$800K Up Almost 20%
For Buyers: Buyer demand has rallied sharply over the past 4 weeks, which is unusual for this time of year. The rally is exclusively...
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Supply Up 42% Since May, Price Reductions Up 131% Affordability Dips Below Normal to 56%
For Buyers: There is a little relief ahead for buyers in Greater Phoenix. Supply continues to rise in price points between $300K-$1.5M...