Payments Drop 12%, Monthly Sales Up 9.4% As the Greater Phoenix housing market shifts, both buyers and sellers are navigating a landscape full of opportunity—and urgency. With mortgage rates dipping and the Cromford® Market Index (CMI) climbing, now is the time to understand how these changes could

Mortgage Interest Deduction Made PermanentHomeowners can continue deducting interest on mortgage debt up to $750,000 (or $375,000 for single filers). This helps reduce your taxable income and, ultimately, the amount you owe each year. Mortgage Insurance Premiums Are BackIf you pay FHA, VA, USDA, or

Should You Buy Now or Wait for Lower Mortgage Rates? Understanding the Tradeoff Mortgage rates remain one of the hottest topics in real estate. After early August’s weaker-than-expected jobs report, the bond market reacted quickly—sending mortgage rates to their lowest point of the year so far at 6

Greater Phoenix Housing Market Update: Why Buyers May Want to Act Fast The Greater Phoenix housing market has been anything but predictable this year. Since April, active supply has dropped sharply, buyer incentives are at record highs, and mortgage rates have taken a small but welcome dip. If you’

Homes Are Still Selling: Why Now Could Be the Right Time to List Yours Think no one’s buying homes right now? Think again. If you’ve been reading headlines suggesting home sales are down compared to last year, you might be wondering, Is it even worth listing my home right now? Here’s the reality: y

Phoenix Market Pulse: July 2025 Cromford Report Summary Welcome to July in Phoenix, where the only thing hotter than the pavement is the housing market’s latest twists and turns. This month’s Cromford Report reveals a market in flux—supply is shrinking, sellers are stepping back, and certain price

For Sellers: Fewer Sales, But Brighter Prospects Ahead Sales dipped in May compared to last year, but this appears to be a temporary pullback caused by April’s market disruptions. Unexpected tariff announcements spooked markets and mortgage rates, resulting in reduced buyer activity for several wee

After years of low inventory and fierce competition in the housing market, the situation is finally starting to shift. For buyers and sellers alike, that’s welcome news. Inventory is on the rise across the country, offering more choices and a slightly more balanced market, but the pace of change dep

A Tale of Two Housing Markets: What Today’s Shift Means for Buyers and Sellers For a while, it felt like sellers held all the cards. Homes were selling at lightning speed, buyers were facing intense competition, and bidding wars were the norm. But the tides are turning. While some areas still favor

Markets are a Mess, but it’s Business as Usual for Housing In a time when financial markets seem to spin with every headline, the housing market in Greater Phoenix is quietly holding steady. While stocks and bonds twist and turn on global negotiations, real estate is proving to be a steadier ship,

House Hunting Just Got Easier: Why Now Is a Great Time to Start Your Search If you’ve been feeling stuck or frustrated by the slim pickings in the housing market over the past few years, here’s some welcome news: things are starting to shift. Inventory is on the rise, and that means you’ve got more

Headed Back into the Office? You May Decide to Move It’s no secret that remote work has surged over the last few years, giving many people the freedom to live and work from anywhere. But now, as more companies require employees to return to the office, many workers are rethinking where they live—an

What Could You Do with an Extra $50,000 or More? If you’ve owned your home for a few years, you could be sitting on a goldmine of home equity. But here’s the kicker—most homeowners either don’t know how to access it or make costly mistakes when they do! In this guide, I’ll break down the smartest

Debunking Housing Market Myths: What You Need to Know in 2025 The real estate market is constantly evolving, yet certain outdated narratives persist, causing confusion for buyers and sellers alike. Whether it's speculation about home values, mortgage rates, or buying opportunities, misinformation ca

Estate planning is often misunderstood as something only the wealthy need. In reality, it’s a crucial step for anyone who owns property, wants to protect their loved ones, and hopes to leave a lasting impact. Without a proper plan, your family could face legal complications, financial burdens, and

What to Expect from the 2025 Housing Market: Key Insights for Buyers and Sellersby Bret Johnson, January 7, 2025The real estate market never stands still, and 2025 is shaping up to bring its own unique challenges and opportunities. Whether you're planning to buy your dream home or sell your current

Home Prices Rose 4.7% ... Or Did They?By Bret Johnson Recent data suggests a nuanced picture of price trends in the ever-evolving housing market. December's numbers point to a 4.7% growth in the median sales price and a 6.7% rise in price per square foot, but is this truly reflective of market cond

10 Common Mistakes Phoenix Home Sellers Make (And How to Avoid Them) Selling your home is one of the most significant financial decisions you’ll make, and in the competitive Phoenix Metro real estate market, avoiding costly missteps is critical. Here are the 10 most common mistakes Phoenix home sel

How to Maximize Your Home’s Value Before Selling in the Phoenix Metro Area Selling a home in the Phoenix Metro area means competing in a fast-paced and dynamic real estate market. To ensure your home stands out and commands top dollar, you’ll want to make strategic upgrades and improvements that ma