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Blog Market UpdateMarket Update
Market Update- February 26′

Contracts in Escrow up 7% Over Last Year

The Market is Better, but It’s Not Easy for Sellers

For Buyers

The home buying season is entering it’s busiest time in Arizona, and so far contracts in escrow are 7% higher …

Blog Market Update
Market Update- January 2026

These Cities Had the Most Sales Growth in 2025
Affordability Strains Show Signs of Easing

For Buyers
Happy New Year! Buying season has begun in Greater Phoenix, and it’s kicking off with a wave of fresh new listings. In a …

Blog Market Update
Market Update – November 25

Best Q4 for Contract Activity in 3 Years for Greater Phoenix
First-Time Homebuyer Payments are Down 13%-15%
For Buyers
It’s been an exciting month of November since President Trump floated the idea of a 50-year mortgage to help some buyers …

Blog Market Update
Market Update- September 25′

Payments Drop 12%, Monthly Sales Up 9.4%

As the Market Turns: Could a Recession be Good for Housing?

For Buyers
Be aware, the market is turning. Reading the Cromford Market Index (CMI) for Greater Phoenix, a measure under 90 is …

Blog Market Update
Market Update- August 25′

New Contract Activity Bounces after July 4th

Active Supply has Been Reduced 14% since April

For Buyers

Since April, active supply levels have now declined 13.6% due to a large increase in cancelled and expired listings from May through July …

Blog Market Update
Market Update- July 25′

Guess Which City Bounced into a Seller’s Market this Month

Where Have Home Prices Dropped the Most?

For Buyers

Welcome to July in Phoenix where it’s so hot we saw a bird pull a worm out of the ground with …

Blog Market Update
Market Update- January 2025

Home Prices Rose 4.7% … Or Did They?
What was Hot in December, and What Was Not…

For Buyers:
Buyer’s season has begun and new listings for January are the strongest Greater Phoenix has seen since 2020. New listings waned …

Blog Market Update
Market Update- December 24

Predictions for 2025, What to Expect in Q1
It’s a Buyer’s Market, Will Prices Drop?
For Buyers:
The buyer’s market in Greater Phoenix is still young at just over 5 weeks old, but isn’t getting worse thanks to supply stabilizing …

Blog Market Update
Market Update- November 24

You May Be a First-Time Homebuyer and Not Know It
Greater Phoenix is a Buyer’s Market Again, For Now

For Buyers:
Newsweek released an article on November 6th announcing that the average age of a first-time homebuyer is now 38 …

Blog Market Update
Market Update- October 24

Federal Reserve Drops their Rate, Buyer Contracts Increase in September
Mixed Emotions for Housing on Positive Jobs Reports

For Buyers:
For the first time all year, listings under contract are higher than they were last year at this time. Over …

Blog Market Update
Market Update- September 24

Sellers Get Off the Fence as Mortgage Rates Continue to Drop
Why Recessions are Good for Most Home Buyers, but Not All

For Buyers:
It may be hard to believe, but recessions are historically the beginning of a turnaround for …

Blog Market UpdateMarket Update
Market Update- August 24′

Mortgage Rates Drop Again – Homes are 10% Off

Record Share of Sellers Paying Buyers’ Fees

For Buyers:

On August 5th, everything went on sale in the housing industry. As discussed in last month’s edition, multiple factors are pointing towards …

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