Buyer's Market in Phoenix | Phoenix Real Estate Market Update
The buyer's market in Phoenix is back and we aren't seeing relief in mortgage rates. The Days on Market metric is increasing nationally, and we are now seeing the slowest sales pace since 2019. There is a small glimmer of hope for sellers in the under contract trend that is beginning to emerge. Will this continue into the spring?
Recent Posts
Red Flare Warning: Housing Market in Serious Trouble?
Mortgage Stress Rising - A Warning Sign? | Phoenix Real Estate Market Update
New Builds Struggle, Prices Drop, Rentals Surge | Phoenix Real Estate Market Update
How Far Are Home Prices Are Falling? | Phoenix Real Estate Market Update
Best Buyer's Market Since 2009 | Phoenix Real Estate Market Update
Affording a Home in Arizona Takes This Long... | Phoenix Real Estate Market Update
Listings Just Took a Surprising Dip | Phoenix Real Estate Market Update
Record number of sellers vs. buyers - What this means for home prices
Buyers Backing Out in Record Numbers | Phoenix Real Estate Market Update
Inventory Increse and Builders Cutting Prices | Phoenix Real Estate Market Update
GET MORE INFORMATION
Caitlin McKeague
Broker Associate | BRBR679010000