Current Market Data

Home listings grow as prices stabilize

Home listings grew in December as housing prices stabilized, closing out an interesting 2023 for the real estate market.

Is homeownership on the horizon for American millennials this year?

Nearly all millennials — 93% — say a volatile market is to blame for wrecking homebuying plans, with another 76% saying they expect the market to get worse before they’re able to make a purchase themselves.

Falling mortgage rates, rising listings mark house hunters’ return

With mortgage rates dropping to their lowest levels in almost a year, house hunters are returning to a market that many had shied away from in 2023.

Phoenix one of the top cities in the country for a ‘fresh start,’ thanks to affordability

What makes the Valley of the Sun such a good place to start anew? For one, the city is among the most affordable in the country.

CoreLogic: Phoenix home prices rose 3.9% in November 

CoreLogic expects prices to continue to grow through the year.

Closed, pending sales decline as prices increase in Maricopa County

Amid decreased sales activity, both the median and average sales price increased in Maricopa County last month.

The 10 most expensive new listings in Arizona

Nine of the 10 most expensive new listings in Arizona are located in Paradise Valley — including a luxury listing with a $50 million price tag.

Only 3.8% of Phoenix homes were affordable in 2023

Falling mortgage rates and more inventory could mean an improvement in housing affordability in the new year.

Prices edge up in Maricopa County

Amid decreased sales, both the median and average sales prices increased in November.

Houzz predicts that these interior design trends will take over in 2024

How will our homes evolve in the new year?

The 10 most expensive new listings in Arizona

A $20 million Paradise Valley estate tops the most expensive new listings in Arizona.

Which Phoenix ZIP codes offer the most — and least — space on a $1,700 rent budget

RentCafe analyzed apartment sizes in ZIP codes across the country to determine which areas give the typical renter the most bang for their buck.

Existing home sales fall 14.6% annually

The only region of the U.S. that didn’t experience an annual decline in existing home sales was the Midwest, where sales were unchanged year over year.

Heading south for the winter — to Apache Junction

All around the country, warm-blooded Americans are getting the winter blues as cold temperatures creep in. It’s no wonder so many snowbirds fly to Apache Junction to escape the cold months!

The kinds of houses buyers opted for this year

Detached single-family homes remained the most popular type of housing, making up 79% of all home purchases during the past year.

Homebuyer demand remains resilient, despite rates, shrinking listings

Last month, homebuyer demand showed its resilience, despite mortgage rates being at a 23-year high and inventory continuing to be limited.

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