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 Critics argue that these minimum standards may be outdated…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 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 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 Home Sales

Scottsdale Real Estate Brokers Break $1 Billion Milestone in 2025 Amid Surging Market and Wealth Migration

A team of Scottsdale real estate brokers has surpassed $1 billion in sales for 2025, an impressive milestone reflecting the still-surging Arizona housing market. The group credits their achievement to the region’s ongoing population growth, increased corporate relocations, and continued interest in luxury homes. Despite concerns about higher interest rates, affluent buyers remain active, drawn…

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Arizona Home Sales

Missed the Inspection Window? Learn Your Rights and Seller Responsibilities in Arizona Home Sales

After a homebuyer in Arizona missed the inspection window specified in their purchase contract, questions arose about whether the seller is still obligated to pay for repairs identified later. Generally, real estate agreements include an inspection period during which buyers can inspect the property and request repairs or negotiate credits for any issues found. If…

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