Current Market Data

Don’t paint your house these colors if you’re trying to sell

There’s a reason many homeowners opt for neutral shades when trying to sell their house — certain flashy colors may be off-putting to buyers.

Opendoor: A portrait of first-time homebuyers in 2023

Many buyers entered the housing market for the first time in 2023. But who were these first-timers, and what did their homebuying experience look like?

U.S. housing supply receives boost, marks first increase in eight months

With the spring market right around the corner, the U.S. housing supply finally got a boost. 

The 10 most expensive new listings in Arizona

A $54 million estate tops the most expensive new listings in Arizona.

Today’s buyers prioritize price over location

Location, location, location … at least that’s how the old real estate adage goes, right?

Inventory reaches three-month supply in Maricopa County

New listings and a decreased sales pace allowed months of inventory to expand in Maricopa County last month.

Arizona among top states for millennial migration

Roughly 2.8 million millennials moved across state lines in 2022 — and a huge chunk of them moved into Arizona, according to a report from StorageCafe.

Ranch style is the most popular home style in Phoenix

The octagonal home is the most popular style in the United States — but what about in Phoenix?

NAR: Existing-home sales rise 3.1% in January 

The median existing-home price for all housing types was $379,100, up 5.1% from $360,800 a year before.       

Renters can get a lot for their income in Surprise

With a household renter income of $86,236 annually and an average monthly rent of only $1,781, renters in Surprise spend only a fraction of their income on housing.

The top exterior renovation trends in Phoenix

Nationwide, homeowners are most likely to spend money on a fresh coat of paint to upgrade the exterior of their house. But can the same be said for Phoenix residents?

Can buying a home lead to love? A new Zillow survey says yes

Home might really be where the heart is. According to a new Zillow survey, 42% of recent homebuyers reported finding love after buying their new home.

NAR: Home prices rise across the country in the fourth quarter of 2023

Single-family home sales prices increased in 189 out of 221 metro areas analyzed, with the median single-family price in the country rising 3.5% year over year to $391,700.

The 10 most expensive new listings in Arizona

A Paradise Valley estate with a $29 million price tag tops the ranking of the 10 most expensive new listings in Arizona.

New listings allow months of inventory to expand in Maricopa County

Maricopa County saw a 6.6% increase in new listings in January, according to the latest Market Update from Phoenix REALTORS®.

Luxury home prices hit all-time high; record number cash sales recorded

Redfin points to surge in prices, new luxury listings and a boost in sales as affluent homebuyers and sellers show increased activity.

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