Our markets have taken a downturn, and I expect downward pressure to persist at least through the 4th quarter. This, however, presents a great opportunity for homebuyers who have been waiting for more favorable terms and better pricing. As the economy slows, interest rates should ease, providing further benefits for homebuyers. Now is the time […]

Our markets have taken a downturn, and I expect downward pressure to persist at least through the 4th quarter. This, however, presents a great opportunity for homebuyers who have been waiting for more favorable terms and better pricing. As the economy slows, interest rates should ease, providing further benefits for homebuyers. Now is the time […]

Here are the basics – the ARMLS numbers for April 1, 2025 compared with April 1, 2024 for all areas & types: Active Listings: 24,990 versus 17,025 last year – up 47% – and up 4.4% from 23,934 last month Pending Listings: 5,278 versus 5,185 last year – up 1.8% – and up 5% from 5,028 […]

It’s a Buyer’s Market. Why aren’t prices crashing? Could Economic Uncertainty Help the Housing Market? For Buyers Phoenix has been in a buyer’s market for 3 out of the last 4 months, and it’s continuing into March as of this writing. Some buyers may be surprised to see price measures aren’t showing a decline yet, […]