by admin | Sep 27, 2025 | News
Phoenix's residential real estate showed mixed results in July 2025. Closed sales rose 1.8% year-to-date, while pending sales dropped sharply, hitting the lowest level since 2007. Median home prices slightly declined to $470,000 but rose 0.4% year-to-date....
by admin | Sep 25, 2025 | News
Mortgage rates increased after five weeks of declines, driven by stronger-than-expected economic indicators. Experts forecast minimal rate relief through late 2025 despite Federal Reserve predictions of future cuts. Waiting for rate drops may backfire as housing...
by admin | Sep 24, 2025 | News
Phoenix affordability improved as buyer-required income declined in 2025. Affordability gains followed housing price reductions and inventory increases. Market shifted into buyer’s territory over eight months. Sellers now offer concessions up to $15,000 for buyers....
by admin | Sep 22, 2025 | News
Slide 1 Arizona now requires big cities to allow ADUs—giving homeowners new housing options. Slide 2 ADUs max out at 1,000 sq ft or 75% of your main home. Slide 3 Setbacks can be as little as 5 feet, opening doors for smaller lots. Slide 4 HOAs can’t fully ban ADUs,...
by admin | Sep 20, 2025 | News
The price-to-rent ratio helps determine if buying or renting is more affordable in a city by dividing median home price by annual rent. Ratios below 18 favor buying; above 18 favor renting. In 52 U.S. cities, ratios vary widely, with places like San Jose at 45 and...
