Villas II is the final opportunity to buy a home at Seven Desert Mountain.

The feature aims to help buyers more easily visualize homes and give agents a stronger marketing tool. 

So far in 2025, home prices have grown at about half the pace of 2024.

The surge comes as the rate on a 30-year fixed-rate mortgage fell to its lowest level since October 2024. 

The rate of home-price appreciation slowed to just over half the rate of inflation in July, Cotality noted. 

Phoenix Agent spoke with local experts to determine what the change means for homeowners — and the local real estate market.

Despite the decrease in borrowing costs, the Mortgage Bankers Association’s Market Composite Index showed a decrease in mortgage applications in the week ended Aug. 29. 

Beautiful weather helped boost Scottsdale’s score. Plus, it boasted the highest percentage nationwide of people over the age of 65.

Mountain views are on the menu for this month’s list of the 10 most expensive new listings in Arizona.

Despite a slowdown in single-family construction activity, newly built homes are becoming increasingly accessible to American buyers, in terms of both availability and affordability. According to data from the New-Construction Insights report released by Realtor.com, in the second quarter

Signed contracts declined despite lower interest rates and improved affordability and inventory, the National Association of REALTORS® said.   

This former Masonic lodge in Little Falls, New York, was once a meeting place for a local chapter of the Freemasons.

The pace of home-price appreciation declined to its slowest pace in two years, according to the S&P Cotality Case-Shiller U.S. National Home Price Index. 

Phoenix isn’t the only southern city packing in new apartments, though. Over half of all new U.S. apartments in 2025 — which equates to over 265,000 units — are located in the south.

The upside surprise came despite monthly and yearly declines in the pace of sales. 

Nationally, home sales rose 0.6% year over year but slid 0.7% month over month, RE/MAX said.