One of the coldest housing markets? | Phoenix Real Estate Housing Market
Is Phoenix really one of the coldest housing markets in the U.S.?
This week we break down the data behind the headlines, including why nearly 45% of Arizona listings have price cuts, what the Cromford Market Index is telling us about buyer vs. seller conditions, and why a housing crash remains unlikely despite rising mortgage rates and geopolitical tension.
We look at active listings, contract ratios, the hottest and coldest zip codes in the Phoenix metro, and what sellers and buyers need to know right now.
Whether you're thinking about buying or selling in the Phoenix area, this update has the numbers you need to make a smart move.
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Caitlin McKeague
Broker Associate BRBR679010000