Just in time for the 11th annual Bentley Scottsdale Polo Championships — Nov. 5, 2022 — Russ Lyon Sotheby’s International Realty showcases some of Arizona’s most opulent equestrian properties for…
Mortgage rates have jumped over three percentage points this year, recently hitting new highs above 6.0%. And for new homebuyers, this has dramatically increased the cost of buying a home.…
It has been a challenge for buyers to find homes across the Valley for the past two years. Due to low inventory, bidding wars became the norm. Now, demand is…
After two years of skyrocketing growth, home prices are dropping in Arizona, according to an analysis from QuoteWizard. Our team of analysts found that the average price of a home…
Arizona’s current popularity may have caused home price increases and limited inventory, but homebuying is still affordable for many professionals in metropolitan areas. Tucson lets you save up for a…
Discriminatory policies enacted more than 100 years ago foreshadowed Arizona’s housing crisis, an expert said Sept. 11 during a gathering aimed at raising awareness about the city’s lack of affordable…
Home values slipped for the second consecutive month as mortgage costs continue to sideline buyers, according to Zillow’s latest market report. Affordability is driving market momentum: Low-cost markets remain competitive…
Up until a few months ago, homeownership really seemed attainable due to the low mortgage rates. But, with inflation creeping up, homebuyers’ hopes, and dreams are plummeting, especially in Metro…
Affordability in the Arizona housing market is collapsing expeditiously due to an overall lack of inventory, rapidly increasing prices and rising interest rates, according to a new report. Economists at…
Phoenix REALTORS, one of the foremost industry experts serving more than 11,000 real estate sales professionals Valley-wide, released the latest market data giving perspective to current real estate trends on…
The housing market of the last two years has been unusual in many ways. With constrained supply, intense demand, and record price growth, the market has consistently defied experts’ expectations…
According to the Cromford Report, the median home price in Phoenix dropped from $480,000 in May to $460,000 in July. And while a slower summer market and sellers overpricing their…
