Posts by Liz Hughes

Mortgage rates hit nearly 20-year high, cause home sales to tumble

Canceled home-sales contracts hit their highest rate in almost a year as skittish homebuyers blanche at mortgage rates that are the highest they’ve been in more than 20...

Phoenix listings rise, giving homebuyers more options as summer ends

A rise in new listings is finally giving potential homebuyers options as the summer market winds down....

High housing costs dampen homebuyer demand

Those looking to buy a house will be paying a premium as inventory continues to be an issue....

Monthly mortgage payments up nearly 20% from 2022

Meanwhile, July’s home sale prices had their highest increase since...

Home sale prices near all-time high as demand grows

For the first time in nearly a year, the average home sold above list price, fueling bidding wars in some markets. ...

Phoenix home values reach new peak as inventory drought intensifies

As more owners continue to hang onto their houses, home values locally and across the nation have reached a new peak, but it comes at a...

Housing inventory faces largest decline since 2022

There are nearly 40% fewer homes for sale now than before the pandemic...

Home price growth slows as inventory fell in May

Phoenix listings grew 28.7% from last year....

Sellers making concessions to buyers has doubled since 2022

The number of Phoenix sellers making concessions to buyers is up from last...

The spring market is a seller’s market as demand rises, supply remains low

Phoenix's April average home value rose, while pending sales fell from...

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