{"id":9745,"date":"2026-07-05T11:00:00","date_gmt":"2026-07-05T18:00:00","guid":{"rendered":"https:\/\/lisamillerpllc.com\/staging\/?p=9745"},"modified":"2026-07-05T11:00:00","modified_gmt":"2026-07-05T18:00:00","slug":"arizona-home-prices-drop-bringing-hope-for-affordability","status":"publish","type":"post","link":"https:\/\/lisamillerpllc.com\/staging\/arizona-home-prices-drop-bringing-hope-for-affordability\/","title":{"rendered":"Arizona Home Prices Drop, Bringing Hope for Affordability"},"content":{"rendered":"
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Arizona faces a housing supply and demand imbalance, with only 42% of households able to afford a new mortgage, down from 66% in 2019. Despite a nearly 3% drop in home prices in 2025, housing remains very expensive. The state is estimated to be short by nearly 56,000 housing units, while construction is slowing, with housing permits at their lowest since 2019.<\/p>\n

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Arizona faces a housing supply and demand imbalance, with only 42% of households able to afford a new mortgage, down from 66% in 2019. Despite a nearly 3% drop in home prices in 2025, housing remains very expensive. The state is estimated to be short by nearly 56,000 housing units, while construction is slowing, with […]<\/p>\n","protected":false},"author":1,"featured_media":9746,"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-9745","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"jetpack_publicize_connections":[],"jetpack_shortlink":"https:\/\/wp.me\/paOTA9-2xb","jetpack-related-posts":[{"id":9653,"url":"https:\/\/lisamillerpllc.com\/staging\/arizona-housing-gap-has-deeper-roots\/","url_meta":{"origin":9745,"position":0},"title":"Arizona Housing Gap Has Deeper Roots","author":"admin","date":"June 3, 2026","format":false,"excerpt":"Slide 1 Everyone blames short-term rentals for Arizona's housing crisis\u2026 but the real story? Way deeper, way messier. Slide 2 Since 2010, Arizona added 57K short-term listings but lost 55K vacation homes\u2014basically a swap, not a takeover. Slide 3 The real culprit: home building crashed after 2008, and permits fell\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\/arizona-housing-shortages_share.jpg?fit=496%2C279&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":9739,"url":"https:\/\/lisamillerpllc.com\/staging\/arizona-homebuyers-find-creative-paths-to-financing\/","url_meta":{"origin":9745,"position":1},"title":"Arizona Homebuyers Find Creative Paths to Financing","author":"admin","date":"July 3, 2026","format":false,"excerpt":"Arizona faces a severe housing shortage with a 2025 deficit of nearly 56,000 units and a long-term gap exceeding 110,000 homes. Residential permits dropped 14% in 2025, the slowest since 2019, making it take over 119 years to close the gap at current rates. Home prices fell 2.9% but remain\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\/07\/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\/07\/1.jpg?fit=1080%2C1080&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/lisamillerpllc.com\/staging\/wp-content\/uploads\/2026\/07\/1.jpg?fit=1080%2C1080&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/lisamillerpllc.com\/staging\/wp-content\/uploads\/2026\/07\/1.jpg?fit=1080%2C1080&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/lisamillerpllc.com\/staging\/wp-content\/uploads\/2026\/07\/1.jpg?fit=1080%2C1080&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":9299,"url":"https:\/\/lisamillerpllc.com\/staging\/what-factors-influence-arizona-home-prices-in-2026\/","url_meta":{"origin":9745,"position":2},"title":"What Factors Influence Arizona Home Prices in 2026?","author":"admin","date":"March 4, 2026","format":false,"excerpt":"Population growth and migration fuel housing demand in 2026. Strong employment supports buyer confidence. Limited housing supply keeps prices elevated. Lifestyle and climate appeal sustain long-term demand. Investor activity and rental markets reinforce price stability.","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\/03\/factors-influence-arizona-prices_share.jpg?fit=496%2C279&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":9373,"url":"https:\/\/lisamillerpllc.com\/staging\/impact-of-bifurcation-on-arizona-housing\/","url_meta":{"origin":9745,"position":3},"title":"Impact of ‘Bifurcation’ on Arizona Housing","author":"admin","date":"March 23, 2026","format":false,"excerpt":"High-end homes sell briskly, hitting record prices, often driven by buyers less constrained by financing. Entry-level and mid-tier homes linger longer, with more price cuts and fewer multiple-offer situations than years ago. Rising interest rates reduced demand, yet inventory stays avg or below avg historically, helping moderate-priced homes stay steadier.\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\/03\/bfrctn-arizona-housing_share.jpg?fit=496%2C279&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":8553,"url":"https:\/\/lisamillerpllc.com\/staging\/your-path-to-owning-a-3-bed-home-in-arizona\/","url_meta":{"origin":9745,"position":4},"title":"Your Path to Owning a 3-Bed Home in Arizona","author":"admin","date":"July 3, 2025","format":false,"excerpt":"In 2025, buying a home remains out of reach for many Americans as housing prices continue to rise. A recent report shows that in 35 out of 50 states, a 6-figure income is now required to afford a median-priced 3-bed home. In high-cost states like Arizona, buyers need a household\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\/2025\/07\/arizona-3bed-income_share.jpg?fit=496%2C279&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":8383,"url":"https:\/\/lisamillerpllc.com\/staging\/report-warns-of-2-billion-gdp-loss-from-governor-hobbs-housing-moratorium-in-phoenix\/","url_meta":{"origin":9745,"position":5},"title":"Report Warns of $2 Billion GDP Loss from Governor Hobbs’ Housing Moratorium in Phoenix","author":"admin","date":"May 11, 2025","format":false,"excerpt":"An independent report from the Common Sense Institute Arizona highlights concerns over Governor Hobbs' housing moratorium in the Phoenix Active Management Area, predicting a $2 billion reduction in real GDP, a loss of 18,654 jobs, and a decline in personal income by $3.9 billion by 2035. Critics, including House Majority\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":[]}],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/lisamillerpllc.com\/staging\/wp-content\/uploads\/2026\/07\/1-2.jpg?fit=1080%2C1080&ssl=1","_links":{"self":[{"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/posts\/9745","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/comments?post=9745"}],"version-history":[{"count":1,"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/posts\/9745\/revisions"}],"predecessor-version":[{"id":9747,"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/posts\/9745\/revisions\/9747"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/media\/9746"}],"wp:attachment":[{"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/media?parent=9745"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/categories?post=9745"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/tags?post=9745"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}