The 100 most populous cities in the U.S. were ranked in several categories, including affordability, schools, safety, recreation opportunities and other socio-economic factors. 

The 44th edition of the in-depth forecast report examined 80 cities to determine trends in the real estate industry for 2023.

The Arizona REALTORS® installed its 2023 state and regional association officers during its annual leadership conference in Tucson last week. 

The median age of inventory in Phoenix is 54 days, up from 42 before the pandemic began.

Arizona ranked No. 8 for emergency preparedness and No. 9 for workplace safety.

In Phoenix, home prices posted a 17.1% year-over-year gain in August, compared to a 22.4% gain in July. Month over month, prices fell 2.1.

Phoenix led the way among large metros with 167.3% growth in active listings, followed by Raleigh, N.C., (166.1%) and Nashville (125.3%). 

Single-family homes had a median sale price of $470,000 in September, down from $475,000 the previous month and from its peak of $510,000 in May.

The Atlanta-based multifamily firm is expanding into Denver, Phoenix and Salt Lake City. 

Communities on the list were ranked based on economic opportunities, quality of life, diversity and where the best futures lie.

The markets cooling fastest are many of the same places that saw the biggest spikes in home prices during the last three years. 

The average retirement income in Arizona is $30,168 (20th among all states).

In Phoenix, 26.4% of Redfin offers faced competition in August

The median single-family home price in the Phoenix metro area in 2011 was $115,500. Ten years later, it was $415,400, nearly a 260% increase.

More than 20,600 homes were on the market in August, compared to 8,700 during the same month in 2021.

Developer Thompson Thrift has acquired 35 acres in Gilbert with plans for luxury apartment homes and more than 200,000 square feet of restaurant and retail space.