Home sales in Phoenix have experienced a notable slowdown in recent months, with the market seeing a decline in both the number of homes sold and overall buyer activity. High interest rates, coupled with increased home prices, have created affordability challenges for many prospective buyers, which has contributed to a decrease in closed transactions. Despite…
Home prices have begun to cool in several U.S. cities, especially in regions that saw major surges during the pandemic-era housing boom. New data reveals that places like Austin, Texas; Boise, Idaho; and Phoenix, Arizona are experiencing some of the steepest year-over-year declines in median home sale prices. These markets had previously faced rapid price…
Arizona’s real estate faces new zoning, short-term rental rules, and tax changes, demanding investors adapt to evolving regulations.
Arizona’s real estate market thrives amid booming growth, major projects, transit upgrades, and evolving risks shaping investor opportunities.
Arizona’s rental market shows steady demand with rising vacancies in luxury units and strong growth in affordable and suburban rentals.
Recent economic trends suggest cautious optimism for Arizona real estate amid cooling inflation, steady jobs, and potential future rate cuts.
Investors are closely watching shifting inflation expectations and their effects on different market sectors. Recent data suggests that as inflation expectations rise, the financial sector, particularly banking, has started to outperform, while the automotive sector faces headwinds. This divergence stems partly from banks benefiting from higher interest rates, while automakers contend with increased production costs…
Metro Phoenix home prices have seen a notable decline, marking the first significant drop in several years as the area’s housing market cools. Recent data shows that the region’s median home price has fallen due to a combination of higher mortgage rates, increased housing inventory, and a general slowdown in buyer demand. This downward trend…
Mortgage application payments dropped in June 2025, offering a glimmer of relief to homebuyers as affordability saw modest improvement. According to the Mortgage Bankers Association (MBA), the national median monthly payment applied for by applicants fell to $2,217, down from $2,243 in May. This decline coincides with lower mortgage rates in June, which helped to…
Arizona’s real estate shows stable prices, low inventory, steady sales, and shifting renter trends, signaling cautious but steady market growth.