Phoenix Housing Market Turns Favorable for Buyers as Inventory Soars and Prices Dip

After years of soaring prices and intense competition, Phoenix homebuyers are finally gaining leverage in the housing market. Inventory has surged, with nearly 20,000 active listings—double what was available in early 2023. This increase has cooled the market, giving buyers more options, reducing bidding wars, and leading to more price cuts. While mortgage rates remain…

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Former Coyotes Owner Steve Ellman Lists $20M Paradise Valley Mansion with Luxury Amenities

Former Arizona Coyotes owner Steve Ellman has put his 13,500-square-foot Paradise Valley home up for sale, listing it at $20 million. The opulent estate boasts six bedrooms, nine bathrooms, two guest houses, a state-of-the-art home theater, and a resort-style backyard complete with a pool, tennis court, and expansive views of Camelback Mountain. The Mediterranean-style property…

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Daisy Expands National Reach with First Franchises in Michigan and Arizona, Marking a Major Growth Milestone

Daisy, a growing real estate franchise network, has expanded its presence by opening its first franchises in both Michigan and Arizona. These new locations mark a significant milestone for the company, as it extends its footprint into these key states and continues its national growth strategy. The addition of the Michigan and Arizona franchises reflects…

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Arizona Real Estate Professional Marcus McBeth and RIPL Property Management LLC Lose Licenses Following Department of Real Estate Action

Real estate professional Marcus McBeth and RIPL Property Management LLC had their licenses revoked by the Department of Real Estate, preventing their legal operation in the state. [wpts_spin]{Read|See} the {entire|full} article {on|about} real estate tech innovations, or, read more news about {Arizona real estate investing|real estate investing in Arizona|real estate investing in Arizona}. We {warmly…

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Phoenix Housing Market Turnaround: Buyers Gaining the Upper Hand as Prices Stabilize and Inventory Swells

After years of soaring prices and tight competition, the Phoenix housing market is finally shifting in favor of homebuyers. According to recent data, inventory in the region has increased significantly, giving buyers more options and room to negotiate. Real estate experts note that the cooling market is largely due to rising interest rates and economic…

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