{"id":9525,"date":"2026-05-08T10:00:00","date_gmt":"2026-05-08T17:00:00","guid":{"rendered":"https:\/\/lisamillerpllc.com\/staging\/?p=9525"},"modified":"2026-05-08T10:00:00","modified_gmt":"2026-05-08T17:00:00","slug":"spring-fever-hits-housing-as-buyers-brush-off-rate-hikes","status":"publish","type":"post","link":"https:\/\/lisamillerpllc.com\/staging\/spring-fever-hits-housing-as-buyers-brush-off-rate-hikes\/","title":{"rendered":"Spring Fever Hits Housing As Buyers Brush Off Rate Hikes"},"content":{"rendered":"
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Contract signings for existing homes rose 1.5% in March despite higher mortgage rates, showing strong buyer demand. Pending sales are down 1.1% year-over-year, with the Northeast and South seeing gains while the Midwest and West declined. The South led growth with a 2.3% annual increase due to price cuts and job growth. Some metro areas like Kansas City, Milwaukee, and Austin experienced significant annual jumps in pending sales.<\/p>\n

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Contract signings for existing homes rose 1.5% in March despite higher mortgage rates, showing strong buyer demand. Pending sales are down 1.1% year-over-year, with the Northeast and South seeing gains while the Midwest and West declined. The South led growth with a 2.3% annual increase due to price cuts and job growth. Some metro areas […]<\/p>\n","protected":false},"author":1,"featured_media":9526,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","content-type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[3],"tags":[],"class_list":["post-9525","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"jetpack_publicize_connections":[],"jetpack_shortlink":"https:\/\/wp.me\/paOTA9-2tD","jetpack-related-posts":[{"id":8467,"url":"https:\/\/lisamillerpllc.com\/staging\/metro-phoenix-housing-market-gains-momentum-as-sales-increase\/","url_meta":{"origin":9525,"position":0},"title":"Metro Phoenix housing market gains momentum as sales increase","author":"admin","date":"June 10, 2025","format":false,"excerpt":"Metro Phoenix housing sales rose 4.1% year-over-year, with new listings up 15.4%, though pending sales fell 7%, indicating buyer caution. Median home prices increased 2.1% to $485,000, with affordability steady at an index of 67. Phoenix saw similar trends; Scottsdale's median price jumped 8.6% to $1.23M despite a 10.5% drop\u2026","rel":"","context":"In "News"","block_context":{"text":"News","link":"https:\/\/lisamillerpllc.com\/staging\/category\/news\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":9511,"url":"https:\/\/lisamillerpllc.com\/staging\/inventory-growth-lifts-affordability-across-phoenix-area-housing-market\/","url_meta":{"origin":9525,"position":1},"title":"Inventory growth lifts affordability across Phoenix\u2011area housing market","author":"admin","date":"May 3, 2026","format":false,"excerpt":"The Greater Phoenix housing affordability index rose from 71 to 77, with inventory up 8.3%, allowing 77% of median-income households to afford median-priced homes. Median home prices declined 2% to $480,000, with closed sales steady but pending sales down 17.6%. Inventory increased 20.8% year-over-year. Regional trends vary: Scottsdale prices rose\u2026","rel":"","context":"In "News"","block_context":{"text":"News","link":"https:\/\/lisamillerpllc.com\/staging\/category\/news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/lisamillerpllc.com\/staging\/wp-content\/uploads\/2026\/05\/1-1.jpg?fit=1080%2C1080&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/lisamillerpllc.com\/staging\/wp-content\/uploads\/2026\/05\/1-1.jpg?fit=1080%2C1080&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/lisamillerpllc.com\/staging\/wp-content\/uploads\/2026\/05\/1-1.jpg?fit=1080%2C1080&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/lisamillerpllc.com\/staging\/wp-content\/uploads\/2026\/05\/1-1.jpg?fit=1080%2C1080&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/lisamillerpllc.com\/staging\/wp-content\/uploads\/2026\/05\/1-1.jpg?fit=1080%2C1080&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":9721,"url":"https:\/\/lisamillerpllc.com\/staging\/2026-housing-demand-growth-shows-diverse-market-opportunities\/","url_meta":{"origin":9525,"position":2},"title":"2026 Housing Demand Growth Shows Diverse Market Opportunities","author":"admin","date":"June 26, 2026","format":false,"excerpt":"Housing demand remains resilient despite high mortgage rates, with weekly pending sales and purchase applications up year over year. However, demand growth varies by market: some pandemic boom areas show growth driven by price cuts, higher inventory, and seller concessions, indicating market correction. In contrast, other markets with tighter inventory,\u2026","rel":"","context":"In "News"","block_context":{"text":"News","link":"https:\/\/lisamillerpllc.com\/staging\/category\/news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/lisamillerpllc.com\/staging\/wp-content\/uploads\/2026\/06\/1-9.jpg?fit=1080%2C1080&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/lisamillerpllc.com\/staging\/wp-content\/uploads\/2026\/06\/1-9.jpg?fit=1080%2C1080&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/lisamillerpllc.com\/staging\/wp-content\/uploads\/2026\/06\/1-9.jpg?fit=1080%2C1080&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/lisamillerpllc.com\/staging\/wp-content\/uploads\/2026\/06\/1-9.jpg?fit=1080%2C1080&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/lisamillerpllc.com\/staging\/wp-content\/uploads\/2026\/06\/1-9.jpg?fit=1080%2C1080&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":8825,"url":"https:\/\/lisamillerpllc.com\/staging\/flat-prices-strong-home-sales-define-phoenix-august-housing-market\/","url_meta":{"origin":9525,"position":3},"title":"Flat prices, strong home sales define Phoenix August housing market","author":"admin","date":"October 7, 2025","format":false,"excerpt":"Greater Phoenix home sales rose 4.6% from July and 2.8% year-over-year for 2025, outpacing national growth. Inventory increased 23.5% to 4.2 months, while new listings dropped 9.7%. Median home prices remained stable at $475,000 in August, with a slight annual rise to $480,000. Days on market increased to 78. Some\u2026","rel":"","context":"In "News"","block_context":{"text":"News","link":"https:\/\/lisamillerpllc.com\/staging\/category\/news\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8755,"url":"https:\/\/lisamillerpllc.com\/staging\/phoenix-housing-market-getting-friendlier-for-sellers\/","url_meta":{"origin":9525,"position":4},"title":"Phoenix housing market getting friendlier for sellers","author":"admin","date":"September 6, 2025","format":false,"excerpt":"June home sales data in Phoenix show sellers gaining an advantage, with median prices rising in Ahwatukee ZIP codes 85044 and 85048 by 4.3% and 6.9% year-over-year. Inventory increased significantly, and pending sales dropped. The Phoenix market remains steady at a $600,000 median price, reflecting national trends of cautious growth.\u2026","rel":"","context":"In "News"","block_context":{"text":"News","link":"https:\/\/lisamillerpllc.com\/staging\/category\/news\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":9771,"url":"https:\/\/lisamillerpllc.com\/staging\/markets-await-pending-home-sales-data\/","url_meta":{"origin":9525,"position":5},"title":"Markets Await Pending Home Sales Data","author":"admin","date":"July 12, 2026","format":false,"excerpt":"Pre-market futures are lower, with the Dow down 0.18%, S&P 500 down 0.32%, Nasdaq down 0.57%, and Russell 2000 down 0.49%. Oil prices rise to $108-$110 per barrel amid ongoing conflict in Iran. Bond yields increase, with the 10-year at 4.617%. 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