Trends

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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.

The Paradise Valley ZIP code is one of the most expensive in the country

Paradise Valley is known as one of the priciest places to buy a home in Arizona — but did you know that the city has one of the most expensive ZIP codes in the country?

The 10 most expensive new listings in Arizona

Agents from Silverleaf Realty were hard at work listing the priciest homes in Arizona during the past month.

New-home sales jump in September despite interest rates 

The median price of a new home sold during the month fell to $418,800 from $433,100 in August, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported. 

Phoenix inches closer to recovering from the pandemic

While the city of Phoenix hasn’t fully bounced back from the Covid-19 pandemic, it’s among the top cities well on their way to recovery.

Arizona’s population is growing, and fast

Arizona’s population grew by 1.3% between 2021 and 2022 — that’s the eighth-fastest rate of growth in the country.

Short supply helps drive existing-home sales to 13-year low 

The median existing-home price for all housing types in September was $394,300, up 2.8% from $383,500 in September 2022.   

Housing starts rebound in September after August dip 

Specifically, single-family homes were built at a seasonally adjusted annual rate of 963,000, up 3.2% from 933,000 in August and up 8.6% from 887,000 a year earlier, according to government figures. 

The hottest home trends of 2024 — according to Zillow

Brutalist style and sensory gardens may seem at odds — but they are both hot home design trends that will rule 2024. At least, according to new predictions from Zillow.

MBA: Mortgage apps rise on increase in ARM activity 

A 15% rise in applications for adjustable-rate mortgages drove overall mortgage applications higher in the most recent weekly survey. 

Gilbert, Scottsdale among safest cities in America

Gilbert ranked as the fourth-safest city in America, ranking No. 10 for home and community safety and No. 14 for natural disaster risk.

The 10 most expensive new listings in Arizona

Paradise Valley and Scottsdale top the list of the most expensive new listings in Arizona yet again.

Wages are rising faster than prices in Maricopa County

Housing affordability has worsened in many parts of the country as wages fail to grow at the same pace as home prices — but Maricopa County is one area where wage increases are outpacing price increases.

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