June is off to an active and record-breaking start, with widespread showers and thunderstorms drenching much of the state! Some areas in the West Valley picked up more than an inch of rain overnight. A slow-moving low-pressure system is driving this wet and unseasonably cool start to June, drawing in deep moisture to fuel rounds…
Homebuyers in Phoenix are starting to gain leverage in the housing market after years of tight inventory and rising prices. With more homes available and sellers showing greater willingness to negotiate, price cuts are becoming increasingly common. Rising mortgage rates have also contributed to a slowdown in demand, giving buyers time and bargaining power in…
After several years of a hot seller’s market, the Phoenix housing landscape is finally shifting to favor buyers. Rising mortgage interest rates combined with a noticeable increase in the number of homes listed for sale have contributed to a less competitive environment. Prospective buyers are now encountering more choices, less competition, and even seeing homes…
After years of soaring prices and fierce competition, the Phoenix housing market is finally beginning to favor buyers. Inventory has steadily grown, giving home shoppers more options and increased negotiating power. Real estate experts attribute the shift to higher mortgage rates and a cooling post-pandemic demand, which have slowed the once red-hot market. Sellers are…
Buyers are finally regaining the upper hand in the Phoenix housing market after years of soaring prices and stiff competition. Inventory has significantly increased, giving house hunters more choices and negotiating power, while homes are spending more time on the market than in previous years. As a result, sellers are more willing to offer concessions…
The Texas city, which last year was the fastest-growing millionaire hub in the nation, has slipped out of the top five. See the full Housing Inventory article, or, read more Arizona real estate investing news. Up to you! Either way, you’re on your game!
After years of soaring prices and limited inventory, homebuyers in Phoenix are finally gaining the upper hand in the housing market. A combination of rising mortgage rates, expanded inventory, and cooling demand has shifted the balance of power, giving buyers more options and the leverage to negotiate. Sellers, facing longer listing times and fewer bidding…
Buyers are finally gaining the upper hand in the Phoenix housing market, after years of soaring prices and fierce competition. According to recent data, home inventory in the area has significantly increased, giving buyers more choices and the ability to negotiate on price and terms. This marks a significant shift from the pandemic-era boom, when…
Homebuyers are regaining leverage in the Phoenix housing market as high mortgage rates and elevated home prices deter potential buyers, leading to a notable slowdown in sales. According to real estate analysts, the number of home listings in the metro Phoenix area has increased significantly while the rate of home sales has decreased, putting pressure…
Buyers are finally gaining the upper hand in the Phoenix housing market after years of skyrocketing prices and intense competition. Home prices in metro Phoenix remain steady, but more sellers are now cutting prices or offering concessions to attract buyers. Real estate agents note that buyers are able to take their time, negotiate for repairs,…