Phoenix Homebuyers Gain the Upper Hand as Market Shifts: More Listings, Fewer Bidding Wars, and Greater Bargaining Power
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…