The Phoenix metro area is seeing signs of a shift toward a buyer’s market, with more homes available and a slower pace of sales. According to real estate experts, inventory has increased significantly compared to recent years, giving potential buyers more options and greater negotiating power. This trend marks a contrast to the frenzied seller’s…
Toll Brothers, a leading luxury home builder, has announced the final opportunity for homebuyers to purchase in its popular Flora at Morrison Ranch community, located in Gilbert, Arizona. With only a handful of homes remaining, prospective buyers have a limited chance to become part of this well-established neighborhood, known for its tree-lined streets, green spaces,…
Phoenix has officially entered a buyer’s market for homes, according to The Cromford Report, which tracks housing trends in the Valley. The change means that buyers now have more leverage when negotiating price and terms, with an increase in for-sale listings and a dip in overall demand pushing the market balance away from sellers. This…
Home Prices Are Falling. Are You Still Waiting?For the first time in over 2 years, home prices in the top 20 U.S. markets are declining. See the full Housing Inventory article, or, read more Arizona real estate investing news. Up to you! Either way, you’re on your game!
Phoenix’s housing market has recently shifted in favor of homebuyers, marking the first buyers’ market the area has seen in over a decade. According to Redfin data, the metro Phoenix area is now more advantageous for buyers because there are more homes available and sellers are more willing to negotiate on price and concessions. This…
Phoenix home prices are experiencing modest growth as the real estate market begins to stabilize after years of dramatic fluctuations. According to the S&P CoreLogic Case-Shiller Home Price Index, prices in the Phoenix area rose by just under 1% from February 2023 to February 2024. Experts suggest this is a sign the market is returning…
The housing market in Phoenix is showing signs of shifting, providing a potential opportunity for homebuyers. According to Tina Tamboer of the Cromford Report, metrics indicate the Valley is leaning toward a buyer’s market, especially in certain submarkets. Inventory has been steadily climbing while demand remains relatively soft, giving buyers more leverage in negotiations. Although…
Homebuyers in the Phoenix metro area may finally have the upper hand, as recent data suggests a shift toward a buyer’s market. According to a study by ResiClub and Zillow, Phoenix is among ten U.S. metro areas most favorable for buyers due to a combination of increasing inventory and longer market times for homes. Notably,…
ZIP codes 78734 and 78746, respectively representing Lakeway and Westlake, experienced the largest year-over-year increase in median home prices, the … See the full Housing Inventory article, or, read more Arizona real estate investing news. Up to you! Either way, you’re on your game!
Arizona remains one of the few places in the U.S. where middle-class Americans can still afford an average-priced home, offering rare relief in a tough housing market. See the full Housing Inventory article, or, read more Arizona real estate investing news. Up to you! Either way, you’re on your game!