Arizona Home Sales

Arizona’s Real Estate Industry Under Scrutiny: Calls Mount to Modernize Licensing Standards Amid Booming Market

Arizona’s real estate industry is under scrutiny as experts point out that the state’s requirements for becoming a licensed real estate agent haven’t changed since 1962. Currently, applicants need only a high school diploma or equivalent, pass a background check, and complete a 90-hour pre-licensing course. Critics argue that these minimum standards may be outdated…

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Arizona Housing Prices

2024’s Hottest Housing Markets Revealed: Midwest and South Lead the Way with Toledo, Ohio, Tops the List

Realtor.com has released its annual forecast for the hottest housing markets in the U.S. for 2024, blending projected price growth and sales activity to pinpoint metro areas expected to outperform. Among them, the Midwest and South dominate the list due to their affordability and appeal to younger buyers. Toledo, Ohio, topped the rankings, with average…

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Arizona Housing Prices

resilient U.S. Housing Market Defies Affordability Woes, with Prices Stabilizing and Demand Growing

The U.S. housing market continues to show resilience even as affordability challenges persist. According to recent data from real estate brokerage Redfin, the number of major metro areas with year-over-year home price declines dropped slightly from 110 in April 2023 to 105 this year. This shift highlights a subtle cooling of the widespread post-pandemic price…

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Arizona Home Sales

Arizona Real Estate Bears Resilience in 2024: Steady Demand and New Opportunities Amid Higher Mortgage Rates

Arizona’s real estate market has shown resilience in 2024, even with higher mortgage rates impacting affordability for many buyers. While prices have moderated in some areas, demand remains steady due to continued population growth and limited housing supply. Market experts note that buyers now have more negotiating power than during the peak frenzy, and some…

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Arizona Housing Prices

Zillow Boosts U.S. Home Price Forecast Through 2026, Predicting Rapid Growth in 400 Markets Nationwide

Zillow has updated its home price forecast, predicting a stronger U.S. housing market through 2026. The upgrade affects 400 markets across the country, with expectations that home values will rise at a faster pace than previously anticipated. Factors such as limited housing supply and steady demand are contributing to the more optimistic outlook. Some regional…

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Arizona Home Sales

Arizona Home Prices Climb Amid Fierce Competition: Explore Affordable Neighborhoods and Market Insights

Arizona homebuyers are experiencing a challenging market this year, with median home prices rising to new highs and competition remaining fierce. While the cost of entry into the state’s real estate market is steep, certain areas offer a bit more affordability, making them hotspots for prospective buyers. Factors such as job growth, population influx, and…

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Arizona Housing Prices

San Antonio Housing Market Rebounds in Early 2024: Sales Rise for Fourth Consecutive Month Amid Growing Inventory

San Antonio’s housing market showed signs of recovery in early 2024, with home sales increasing for the fourth straight month in March. According to the San Antonio Board of Realtors, sales rose 7% year-over-year, and the median home price climbed slightly to $290,000. Despite this modest rise, prices remain below the peak levels seen during…

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