In the coming months, home sellers should be ready for a market where pricing it right is critical, as rising inventory gives buyers more choices and chips away at a once-strong seller’s advantage. With sales activity slowing sharply, homes that come to market even slightly overpriced are far more likely to sit and require reductions […]
In the coming months, it’s important to watch whether buyer activity continues to cool, as even small declines in sales can signal growing sensitivity to higher mortgage rates. Keep an eye on pricing trends, because while the recent jump in average sales price reflects stronger high-end activity, it may not hold if affordability pressures deepen. […]
In the coming months, it’s important to watch how renewed buyer momentum interacts with falling mortgage rates, as October’s 14% jump in sales suggests more activity ahead. Even with prices holding steady, the rise in price per square foot suggests that buyers are prioritizing quality over size, a trend that could intensify as inventory becomes […]
In the coming months, it’s important to watch for improving affordability as mortgage rates ease, which could bring more buyers back into the market. Rising inventory levels indicate a gradual shift toward a more balanced market, giving buyers greater leverage and encouraging sellers to price their properties strategically. Despite a slight dip in average prices, […]
In the coming months, it’s important to watch for softening prices, as both averages and medians have slipped year-over-year, creating more negotiating power for buyers. Inventory levels continue to climb, offering more choices and putting pressure on sellers to price competitively. With mortgage rates holding steady, the key question is whether demand will keep pace […]
In the coming months, it’s important to watch whether strong buyer demand continues, with sales up 9% year-over-year even as prices hold flat. Inventory remains tight at just 2.73 months, but rising Expireds and Cancelled properties show that sellers who overprice may struggle to find buyers. With mortgage rates steady around 6.27%, the market’s direction […]
Scottsdale’s housing market is shifting, and the next few months will be key for both buyers and sellers. Average sales prices dropped 7% in August, and price per square foot continues to ease, creating opportunities for strategic buyers. While inventory dipped slightly, we’re still sitting at a six-month supply, a historically high level that gives […]
The Metro Phoenix housing market is shifting as we move into fall, with average home prices down 15% and price per square foot dipping to $347. While inventory rose slightly in August, the market still holds over five months of supply, giving buyers more leverage and keeping sellers competitive when pricing their homes. Meanwhile, mortgage […]
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 […]
See photos and updates from listings directly in your feed
Share your favorite listings with friends and family
Save your search and get new listings directly in your mailbox before everybody else
