Inventory Increse and Builders Cutting Prices | Phoenix Real Estate Market Update
The U.S. housing market is shifting. In this week’s real estate market update, we break down the latest inventory numbers (yes, we’re back to 2019 levels!), skyrocketing builder incentives, rising mortgage rates, and economic uncertainty that could shape the rest of 2025.
Are home prices dropping? Is now a good time to buy or sell in Phoenix? What’s the truth behind all the new construction deals? We cover national trends and zoom into the Phoenix metro market with up-to-date data, contract ratios, and insights on which neighborhoods are still holding strong.
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Caitlin McKeague
Broker Associate BRBR679010000