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...
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...
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...
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...
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...
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...
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...
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...
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...
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...