Trends

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This Phoenix-area city is the hottest retirement spot in the country

Nearing retirement age? You might be surprised to learn that the most popular up-and-coming retirement destination isn’t Fort Lauderdale.

A down payment of just 20% may be a thing of the past, Zillow says

Buying a home in Phoenix? Here’s the down payment you need to afford it.

Median existing-home sales price hits all-time high in May 

The record-breaking sales price comes as the pace of transactions slid from April, the National Association of REALTORS® said. 

The top home trends for summer 2024

With warm weather heating up much of the United States, many homeowners are craving new summer styles for their living spaces.

The 10 most expensive new listings in Arizona

For the second month in a row, RETSY agent Lisa Westcott is responsible for the most expensive new listing in Arizona.

Phoenix named the best market for 2024 college grads

Phoenix’s ranking is due mostly to the city’s affordable rental market: residents only need to spend 34.5% of their income on monthly rent expenses.

Case-Shiller: Home-price index hits all-time high in March; Phoenix sees 4.9% gain 

The S&P CoreLogic Case-Shiller U.S. National Home Price Index has hit a new record for six of the last 12 months, as demand remains strong in the face of tight inventory.

These Phoenix-area neighborhoods have some of the lowest property fees in the nation

Many of the U.S. neighborhoods with the least expensive property fees are in the Phoenix area, with the lowest fees in the country seen in DC Ranch in Scottsdale.

New-home sales decline in April 

At the same time, the median price of a new home sold in April declined as well. 

Housing starts rebound in April after March slump 

New-home construction jumped 5.7% month over month after a soft March, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. 

Hotels overtake offices in residential conversions

According to a new report from RentCafe, hotels have overtaken offices as the most likely spaces to be converted into new apartments.

The 10 most expensive new listings in Arizona

Agents from RETSY listed four of the 10 most expensive new listings in Arizona, including a $21.75 million estate in the Silverleaf Upper Canyon in Scottsdale.

The 10 most expensive new listings in Arizona

The priciest new listings in Arizona include a $15,000,000 stone estate with donated beams from the Hopi Nation and repurposed materials from a 15th century Spanish mission.

Arizona home values have more than doubled in the past decade

The state where home values have increased the most was Idaho, which saw a 171.03% increase in home values from 2013 to 2023.

Renovation spending has jumped 60% since 2020

In 2020, median renovation spending was $15,000. That amount increased by 60% in three years, with the median home renovation costing $24,000 in 2023.

This is the ‘dream living room’ — to Arizonans

Furniture retailer Joybird surveyed over 2,500 Americans and asked them to describe their dream living room.

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