by admin | Jun 5, 2026 | News
In April, 35.4% of U.S. home sellers cut their asking prices, slightly down from 35.6% in March and below the August peak of 36.6%. The average price cut was 4%. However, 21 metros saw increases in price reductions, with Phoenix rising to 50.8%, Seattle to 29.5%, and...
by admin | Jun 4, 2026 | News
Purchase mortgage applications ↑4% from the prior period and ↑7% yearly, showing buyers re-engaging despite higher borrowing costs across major loan types. Total mortgage application volume ↑~2% for the May 8 period, while 30-yr fixed rates reached the mid-6% range,...
by admin | Jun 3, 2026 | News
Slide 1 Everyone blames short-term rentals for Arizona's housing crisis… but the real story? Way deeper, way messier. Slide 2 Since 2010, Arizona added 57K short-term listings but lost 55K vacation homes—basically a swap, not a takeover. Slide 3 The real culprit:...
by admin | Jun 1, 2026 | News
In Phoenix, HOA dues can shape long-term affordability alongside purchase price and mortgage rates, especially because they are less predictable than fixed payments. HOA boards can usually raise dues without every resident voting, so buyers should understand...
by admin | May 31, 2026 | News
Luxury real estate in 2026 prioritizes adaptable living spaces over traditional markers like size or finishes. Hybrid work and dynamic lifestyles drive demand for multifunctional interiors that evolve with owners' needs, enhancing long-term value and...
by admin | May 30, 2026 | News
Phoenix's real estate market has stabilized after post-pandemic volatility, with 8,008 active listings and a median price of $475,000. Homes take about 73 days to sell, reflecting a shift toward a balanced market favoring patient buyers and realistic sellers....
