Homes Under Contract Between $400K-$800K Up Almost 20%
For Buyers: Buyer demand has rallied sharply over the past 4 weeks, which is unusual for this time of year. The rally is exclusively...
Supply Up 42% Since May, Price Reductions Up 131% Affordability Dips Below Normal to 56%
For Buyers: There is a little relief ahead for buyers in Greater Phoenix. Supply continues to rise in price points between $300K-$1.5M...
Waiting To Buy a Home Could Cost You
Some Highlights If you’re thinking of buying a home but wondering if waiting a few years will save you in the long run, think again. The...
Housing Demand Weakens...What is to Come?
The weakening in demand that we have been seeing for several months is now showing up in the monthly sales numbers: The monthly sales...
Home Price Appreciation Is as Simple as Supply and Demand
Home price appreciation continues to accelerate. Today, prices are driven by the simple concept of supply and demand. Pricing of any item...
44% of Sales Closed Over Asking Price: New Listing Counts Lowest in Over 20 Years
For Buyers: 44% of sales through the Arizona Regional MLS have closed over asking price in the last 30 days. The median amount over...