Several luxury properties in metro Phoenix recently changed hands, highlighting the area’s strong real estate market. Among the top sales was a $14.5 million mansion in Paradise Valley, which features modern amenities and expansive mountain views. Other high-value transactions include a $9.8 million Scottsdale home with resort-style outdoor spaces and a North Central Phoenix estate…
Real estate experts predict a sharp rise in U.S. home prices this summer, driven by ongoing inventory shortages and persistent buyer demand. According to new analyses from leading realtors, limited housing stock is fueling competition among buyers, with many homes receiving multiple offers just days after being listed. Mortgage rates, while still relatively high compared…
A 1936 Spanish Colonial Revival-style home in Phoenix’s historic Willo district has sold for $1.17 million, highlighting continued demand for unique, historic properties in the city. The three-bedroom house, known for its vintage charm and modern updates, attracted attention due to its preserved architectural features, hardwood floors, and arched doorways. Situated in one of Phoenix’s…
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 Critics argue that these minimum standards may be outdated…
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…
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…
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…
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…
Rumors are circulating on social media that former President Donald Trump is planning to send out stimulus checks if he returns to office in 2025. However, there is currently no official plan or policy in place that promises new stimulus payments tied to Trump’s potential re-election. As of now, neither Trump nor President Joe Biden…
Metro Phoenix’s housing market has experienced notable shifts over the past year, with home prices rising in some neighborhoods while dropping in others. According to recent data, east Valley areas like Ahwatukee, Tempe, and Chandler have seen some of the biggest price increases, fueled by heightened demand and tight inventory. On the other hand, parts…