Current Market Data

The most expensive home for sale in Arizona

Point2Homes analyzed listings in every U.S. state and Washington, D.C. to determine the most expensive home for sale in each.

NAR: Pending-home sales fall 7.1% on high interest rates 

Regionally, pending sales were down across the board on both a monthly and an annual basis, the National Association of REALTORS® said. 

Homeowners are willing to spend big money for these bathroom trends

Among the top upgrades: large showers.

Phoenix housing market decreases in value

Despite ranking among the most valuable housing markets in the nation, the overall value of Phoenix real estate fell on an annual basis.

NAR: Existing-home price rises again as sales continue to slide 

Total housing inventory at the end of August was 1.11 million units, up 3.7% from July but down 14.6% on a year-over-year basis, the National Association of REALTORS® said. 

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 years

Chandler again ranked among family-friendliest U.S. cities

Chandler is two for two in Opendoor’s second-annual ranking of the most family-friendly U.S. cities.

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.

Scottsdale is one of the top cities for working parents

What makes Scottsdale such a hospitable place for working parents? For starters, the city boasts 128 acres of green space per 1,000 residents, the highest proportion in the nation.

The best week to buy a home this year: Oct. 1-7

Sidelined homebuyers can breathe a sigh of relief. According to Realtor.com, the best week of the year to buy a home is still ahead of us.

New homes are trending smaller

The median area for a new single-family home fell to 2,191 square feet in the second quarter — the lowest recorded size since 2010.

CoreLogic: Home-price growth picks up speed in July 

CoreLogic expects prices to continue to grow through next year, albeit at a more traditional pace than in the height of the pandemic. 

High housing costs dampen homebuyer demand

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

The 10 most expensive new listings in Arizona

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

One in five millennials think they’ll never own a home

Eighteen percent of millennials — approximately one in five — believe they will never become a homeowner, according to a recent survey from Redfin.

NAR: Pending-home sales post second monthly increase in a row 

Pending transactions were in negative territory for most of this year, so the recent increases could bode well for future activity. 

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