1. Consumer Price Index (CPI) – Phoenix Metro Area Implication for real estate: 2. Employment & Unemployment Trends Unemployment Rates Job Market Momentum Implication for real estate: 3. How These Factors Intersect in the Phoenix Real Estate Market Here’s how CPI and employment trends are playing out on the ground: Summary Snapshot Final Takeaway In […]
In the coming months, it’s important to watch for how long elevated inventory levels persist, especially in the $1M+ range, where buyer activity has slowed significantly. If mortgage rates begin to ease, pent-up demand could return quickly, tightening supply and firming up prices. For now, buyers have a strategic window of opportunity, but that balance […]
In the coming months, it’s important to watch for signs of renewed buyer activity if mortgage rates begin to ease from current levels. Inventory remains elevated, but softening prices, especially in the mid-to-luxury tier, may not last if demand picks up. Buyers currently have the upper hand, but that window could narrow quickly with any […]
For years, headlines have warned that homeownership is becoming a distant dream—especially for younger generations. Rising prices, student debt, and tighter inventory have all contributed to the perception that owning a home is simply out of reach for Millennials and Gen Z. But is that fear truly backed by the data? Let’s take a closer […]
In recent weeks, Washington has been buzzing about a massive housing reform package nicknamed the “Big Beautiful Bill.” While the full text hasn’t been released, early reports suggest it could be one of the most comprehensive attempts in decades to address the nationwide housing shortage. With Arizona facing its affordability crisis, the potential ripple effects […]
A fresh round of headlines broke this morning: the U.S. and Japan have reached a new tariff agreement, cutting auto duties from 27.5% to 15%. On paper, it appears to be a win. In practice? That 15% rate is still well above pre-trade-war levels, meaning the pressure on consumer goods—and inflation—remains very much intact. That […]
The latest Consumer Price Index (CPI) data sent a clear message: inflation isn’t done yet. June’s CPI report showed a 0.3% monthly increase, pushing the annual inflation rate to 2.7%, up from 2.4% in May. Core inflation, which excludes food and energy, also increased, rising 0.2% month-over-month and standing at 2.9% year-over-year. It’s the kind […]
Seasonal Population Shifts Scottsdale and Metro Phoenix are renowned for their winter appeal, attracting snowbirds, seasonal renters, and tourists who significantly boost the region’s population and economy between November and April. However, when summer arrives and temperatures soar well into the triple digits, the Valley undergoes a notable shift. The winter months bring a significant […]
In the coming months, it’s important to watch for continued inventory growth, which is giving buyers more choices and shifting negotiating power away from sellers. Although average sale prices are holding steady, the decline in price per square foot and longer time on market Hint at softening demand. If mortgage rates continue to ease, even […]
In the coming months, it’s important to watch for continued inventory growth, which is giving buyers more choices and shifting negotiating power away from sellers. Although average sale prices are holding steady, the decline in price per square foot and longer time on market Hint at softening demand. If mortgage rates continue to ease, even […]
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