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...
by admin | Sep 19, 2025 | News
The income needed to afford a typical U.S. home is $112,131, slightly up from last year, but has fallen in 11 major metros, mostly Sun Belt cities, due to declining home prices and increased inventory. Meanwhile, affordable Midwest metros like Detroit and Cleveland...
by admin | Sep 18, 2025 | News
Phoenix home prices cooling slowly, but a major crash is highly unlikely anytime soon. Population boom keeps demand steady: over 4.7 million residents, fueled by jobs and remote work. Many newcomers initially opt for rental housing, creating a robust demand for rental...
by admin | Sep 17, 2025 | News
Phoenix’s housing prices largely track construction costs, showing a predictable relationship. Unlike many coastal markets, Phoenix does not exhibit the same long-term gap between costs and prices.
by admin | Sep 15, 2025 | News
Home Sales Forecast: 4M Units Sales activity will remain stable near 4 million, slightly below 2024, with modest fluctuations expected through late 2025. Price Growth Slows to 2.5% National home prices will continue to rise, but at a slower pace, as inventory builds...
by admin | Sep 13, 2025 | News
Buying a first home in Arizona presents both opportunities and challenges. Understanding the local real estate market, including trends and economic factors, is crucial. Financial preparedness involves checking credit scores, saving for a down payment, and creating a...
