Arizona has emerged as a leading state for home price cuts, as sellers face a shifting real estate market with increasing inventory and slowing demand. According to recent data, Phoenix and other Arizona cities have seen a significant percentage of home sellers reducing listing prices in an effort to attract buyers amid higher mortgage rates…
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By: April personal consumption expenditure inflation was up just 0.1% for an annual rate of 2.1%, according to a Friday Bureau of Economic Analysis report. See the full article on Personal Consumption Expenditures, or, read more Arizona real estate investing news. It’s your call!
Phoenix home prices have begun to rise modestly as the real estate market continues to stabilize following the volatility of the past few years. According to the latest data from the Cromford Report, the median sales price in the Phoenix metro area has increased by 2% year-over-year, signaling a slow yet steady recovery. Experts say…
Arizona home sellers are leading the nation in making price cuts as the housing market cools and affordability concerns increase. According to recent data from Zillow, over 45% of Phoenix-area home listings saw price reductions in August—the highest among the 50 largest U.S. metro areas. Elevated mortgage rates and rising home prices have created challenging…
By: The Personal Consumption Expenditures (PCE) index rose just 2.1% in … Overall consumer spending — which includes spending on services … See the full article on Personal Consumption Expenditures, or, read more Arizona real estate investing news. It’s your call!
Prices rose 14 percent year-over-year in the metropolitan area, according to a recent Redfin report. See the full Housing Inventory article, or, read more Arizona real estate investing news. Up to you! Either way, you’re on your game!
Phoenix home prices are seeing gradual growth as the real estate market shifts back toward more typical conditions. According to the Cromford Report, the median sales price for a Phoenix-area home rose modestly in April, signaling a cooling trend compared to the frenzied pandemic-era housing market. Industry experts say the market is becoming more balanced,…
A recent slowdown in international travel is raising concerns among real estate experts about its potential effect on the U.S. housing market, particularly in luxury destinations that have long relied on wealthy overseas buyers. With fewer international visitors touring properties, demand for high-end homes in cities such as New York, Miami, and Los Angeles may…
Phoenix home prices are experiencing modest growth, signaling a return to more balanced conditions in the housing market. According to recent data, the median home price in the Phoenix metro area has risen to approximately $439,900, a 6.4% increase compared to the same period last year. Industry experts say the current trend reflects a stabilization…