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 Critics argue that these minimum standards may be outdated…
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…
Wanting to know the true value of a home, a Yahoo Finance reporter turned to ChatGPT for advice on how much to pay for a house in Phoenix, Arizona. By inputting data like average prices, mortgage rates, and local market trends, ChatGPT produced a step-by-step plan for making an informed offer, including important factors such…
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…
Arizona’s real estate shows stable prices, tight inventory, and a slight sales rebound, offering cautious opportunities for investors.
Arizona real estate investors gain from AI, blockchain, and smart analytics speeding searches, transactions, and market insights amid rapid growth.
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…
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…
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…
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…