Blog
Phoenix housing market outpaces national trends again in 2025
Single-family home sales in Greater Phoenix rose 3.8% year-to-date, outperforming national trends with nearly 52,000 homes sold. New listings increased 8%, pending sales slightly up, and median home price rose 0.4% to $480,000. Housing affordability improved, with 71%...
Investors Focus on Phoenix’s Long-Term Multifamily Potential
Oversupply from past deliveries limits near-term rent growth. Multifamily remains attractive for investors due to population and job gains. Market expected to reach equilibrium over long term. Short-term headwinds temper immediate returns. Long-term prospects stable,...
Population Influx Drives Arizona’s Housing Boom
Arizona’s housing construction is booming, supported by population influx, job growth, and ample land for development. Cities like Phoenix and Tucson are seeing particularly high activity to accommodate new residents.
Metro Phoenix sees surge in adaptive reuse apartments
Phoenix is rapidly converting vacant hotels and underused offices into rentals, with 2,463 adaptive reuse apartments planned, mostly from office spaces. Nationally, 181,000 adaptive reuse apartments are in development, a 19% increase from last year. In 2024, nearly...
Will Arizona’s 2026 Housing Surge Accelerate?
Arizona is expected to benefit from increasing home sales driven by strong in-migration trends. Expanding housing construction across the state is helping ease price pressures for buyers. Falling mortgage rates in 2026 may accelerate demand throughout Arizona’s...
3 Thrifty Ways to Pay off Your Mortgage Early
About 34% of U.S. homeowners have paid off their mortgages, driven by a desire for stability in a changing economy. Here are three ways to pay off your mortgage early: 1. Switch to bi-weekly payments to make an extra full payment each year. 2. Consider creative...