The Spring Housing Season is Upon Us
What’s Hot and What’s Not in Greater Phoenix
For Buyers:
“That is one good thing about this world… there are always sure to be more Springs.” ~Lucy Maude Montgomery. Spring is peak home …
How Presidential Elections Affect Housing
Starter Homes are a Hot Market in Greater Phoenix
For Buyers:
With many existing home owners comfortably staying put these days, more attention is placed on first-time home buyers, affordability, and supply of homes. The …
Greater Phoenix Balanced Market May Not Last Long
These Two Factors Could Further Drop Mortgage Rates in 2024
For Buyers:
Greater Phoenix has moved out of a seller’s market and into a balanced market, but it’s unclear how long this …
It’s a Buyer’s Market Once Again In These 8 Cities
Median Seller Incentive Hits a New High
For Buyers:
Buyers who felt they lost out on the buyer’s market last year will be getting another chance this year. The Greater …
Back to the 80’s? Loan Assumptions, Rate Buy Downs, and Incentives
More Choice for Buyers: Supply Up 22% in 10 Weeks
For Buyers:
The 4th quarter is here, and this is the best time of year to be a buyer …
Why Buyers Should Stay in the Game in 2023
Sellers: Prepare for Longer Days on Market in Q4 For Buyers:
When first-time home buyers talk to their parents or grandparents about today’s mortgage rates, they may get a response similar …
For Buyers: Not a lot of changes are happening in the housing market right now. It’s as if both buyers and sellers are in a holding pattern awaiting a sign before making a move. Conventional mortgage rates have held steady …
Mortgage Interest Deduction Saves Money for New Homeowners
Home Values Appreciated 5-7% Since December
For Buyers:While many professionals tout appreciation as the main benefit of homeownership, higher mortgage rates bring another tool into the equation that hasn’t been promoted …
Median Hits $440K, Annual Appreciation Expected to be Positive Again Soon
Traditional Buyers Rebound After Investors Retreat For Buyers:
Last month we reported that the year-over-year supply change will be negative within 6 weeks, and at that time supply was …
Greater Phoenix Losing 246 Listings per Week in 2023
Prices Recovering, Median Up to $425K in May For Buyers:
The sharp decline in supply for Greater Phoenix is a good reason for buyers to have a sense of urgency about …
Supply Down 36% Since October, Dropping 54 Listings per Day in April
Two More Cities in Seller’s Markets This Month, Prices Up 4 Months in a Row For Buyers:
It’s been an eventful 4 weeks, again. Conventional rates …
Accepted Contracts Up 86% in 5 Weeks
Phoenix Back to a Seller’s Market! But It’s Not 2020–2022 Again. For Buyers:
The Spring season is upon Greater Phoenix. February hosts the Waste Management Open and …
