Markets

Markets Overall Housing Market Summary (Beginning of August 2026) The Numbers: Active Listings: 24,049 versus 24,091 last year – down 0.2% – and down 2.1% from 24,566 last month   Under Contract: 7,146 versus 7,369 last year – down 3.0% – but down 12.3% from 8,144 last month   Closed Monthly Sales: 6,417 versus 6,214 last year – up 3.3% – but down 11.7% […]
Buying The Housing Market Is Stronger Than You Think July 2026 You’ve probably heard plenty of doom and gloom about the housing market lately. High rates. Stretched budgets. Headlines that make buying or selling sound like a terrible idea. But the data tells a very different story. This isn’t 2020 or 2021. It was never going to be. Those were the “unicorn years” – historic low […]
Markets Market Summary for the Beginning of April 2026 Here are the basics – the ARMLS numbers for April 1, 2026 compared with April 1, 2025 for all areas & types: Active Listings: 25,571 versus 24,990 last year – up 2.3% – and up 0.3% from 25,502 last month Under Contract Listings: 9,799 versus 9,113 last year – up 7.5% – and up 12% from […]
Buying February Mid Market update 2026 Contracts in Escrow up 7% Over Last Year The Market is Better, but It’s Not Easy for Sellers For Buyers The home buying season is entering its busiest time in Arizona, and so far contracts in escrow are 7% higher than this time last year and they’re expected to peak over the next 2-3 months. […]
Markets Market Summary for the Beginning of February 2026 Here are the basics – the ARMLS numbers for February 1, 2026 compared with February 1, 2025 for all areas & types: Active Listings: 22,593 versus 22,432 last year – up 9.6% – and up 9.7% from 22,428 last month Under Contract Listings (including Pending): 7,564 versus 7,403 last year – up 2.2% – and up […]
Markets Phoenix Housing Market For 2026 Outlook What is Phoenix Metro Housing looking like for 2026?  Up or Down? The Phoenix Metro Outlook for 2026 calls for moderate, sustainable home price growth shaped by continued demand, easy rates, and balanced inventory dynamics.  Affordable and mid-range homes are expected to outperform luxury segments in price gains.  The market is shifting toward balanced growth […]
Buying My last Mid-Market update for 2025 from Shawn As the year comes to a close, I want to extend my deepest gratitude to every client I’ve had the privilege to serve— past present, and future. Your trust in me is the greatest gift. Merry Christmas and Happy New Year!  May your home be filled with love, laughter, and unforgettable moments this holiday season. Optimism Emerges […]
Markets Market Summary for the Beginning of December 2025ut first…….. As the year comes to a close, I want to extend my deepest gratitude to every client I’ve had the privilege to serve— past, present, and future. Your trust in me is the greatest gift.  Merry Christmas and Happy New Year!  May your home be filled with love, laughter, and unforgettable moments this holiday season. […]
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Buying Most Experts Are Not Worried About a Recession Homebuyers are watching the economy closely, and for good reason. Buying a home is one of the biggest purchases most people ever make. And some recession talk in the media has made a lot of would-be buyers second guess their plans. In the latest LendingTree survey, almost 2 in 3 Americans said they think a […]
Buying The Housing Market Is Turning a Corner Going into 2026 After several years of high mortgage rates and hesitation from buyers, momentum is quietly building beneath the surface of the housing market. Sellers are reappearing. Buyers are re-engaging. And for the first time in what feels like forever, there’s movement happening again. No, it’s not a surge. But it is a shift – and it’s […]
Markets Phoenix Mid Nov Market Update from Shawn 2025 As we approach the holiday season, I want to take a moment to express my gratitude to all of my clients—past, present, and future. Your trust and support mean the world to me, and it’s truly a privilege to assist you in making one of the most important decisions of your life. Wishing you and […]
Markets Market Summary for the Beginning of November 2025 Hello to all my fans!  Here we are well into the 4th quarter —where are things going? Here are the basics – the ARMLS numbers for November 1, 2025 compared with November 1, 2024 for all areas & types: Active Listings: 29,052 versus 24,127 last year – up 20% – and up 5.4% compared with 27,567 […]
Markets Market Summary for the Beginning of October 2025 “Downward pricing pressure is likely to persist through the end of the year unless interest rates experience a significant decline. There was a 2-week uptick in buyer traffic and sales in September, as rates came down to the 6% range for conventional loans and 5.5% for VA & FHA loans. Since then, the rates have […]
Buying History Shows the Housing Market Always Recovers Sept 2025 History Shows the Housing Market Always Recovers Now that the market is slowing down, homeowners who haven’t sold at the price they were hoping for are increasingly pulling their homes off the market. According to the latest data from Realtor.com, the number of homeowners taking their homes off the market is up 38% since the […]
Buying Market Summary for the Beginning of August 2025 Hello to all my fans….. Here are the basics – the ARMLS numbers for September 1, 2025 compared with September 1, 2024 for all areas & types: Active Listings: 23,238 versus 18,430 last year – up 28% – but down 2.2% from 24,091 last month Under Contract Listings (including Pending): 7,260 versus 6,658 last year – […]
Buying Think No One’s Buying Homes Right Now? Think Again. 2025 July   If you’ve seen headlines saying home sales are down compared to last year, you might be thinking – is it even a good time to sell?   Continue Reading
Markets Phoenix Housing Market Report for May 1, 2025 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 […]
Markets Phoenix Housing Market Update May 1, 2025 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 […]
Buying It’s a Buyer’s Market. Why aren’t prices crashing? 3-17-2025 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, […]
Markets Feb mid-month market update 2-2025 Fact Check February – Don’t Fall In Love With These 7 Narratives on Housing   There is no online shortage of armchair quarterbacks when it comes to prognostications on the future of home values and affordability. However, there are narratives that some people, and journalists, stubbornly hold to that are simply outdated or incorrect. Many […]