June 2024 Housing Trends: Shifting Dynamics as Buyers Gain Upper Hand
Sluggish demand combined with supply that’s 54% higher than last year is creating an environment for buyers...
Why You May Want to Start Your Home Search Today
If you’re thinking about buying a home, you likely have a lot of factors on your mind. You’re weighing your own needs against higher...
Seller Market is Officially Over! How Some Sellers Are Winning Against Interest Rates
For Buyers: Welcome to a balanced market*, how quickly the tables have turned! While seller markets are ideal for the not-so-perfect...
Last 2 Months Dismal for Greater Phoenix Housing Market
The last 2 months have been dismal for the Greater Phoenix housing market, with demand fading sharply and supply growing at one of the...
Home Price Deceleration Doesn’t Mean Home Price Depreciation
Experts in the real estate industry use a number of terms when they talk about what’s happening with home prices. And some of those words...
BREAKING NEWS...Federal Reserve Raised Interest Rates 0.75%!
The Federal Reserve just raised interest rates by the most since 1994, pushing its benchmark rate higher by 0.75% in a bid to slow...
AZ MLS Housing Supply Up 113% Over Last Year
For Buyers: Market conditions continue to get better for buyers undeterred by rising mortgage rates. Over the last 10 weeks, there has...
AZ Housing Market in Downward Trend
A downward trend in the housing market was anticipated, but it wasn’t anticipated to be so dramatic and quick. The softening trend is now...
Signs the AZ Housing Market is Slowing Down Quickly
We are seeing signs our housing market is pointing towards a "softening". We aren't talking a crash...just a housing market that is...
MLS Supply Up 45% in 6 Weeks: Rising Interest Rates Dropping Demand Quickly
For Buyers: It’s the moment you’ve been waiting for, less competition and more supply in Greater Phoenix! Active supply is up 40% from...