Prices Are Down 15% in These Segments: What It Means for Buyers and Sellers. The Greater Phoenix real estate market is shifting again, bringing both new opportunities and challenges for buyers and sellers alike. After months of rate volatility and price fluctuations, recent data is painting a cleare

Across the country, there’s a noticeable divide in today’s housing market. In some areas, buyers are finally gaining leverage for the first time in years. In others, sellers still hold the upper hand. The difference? It all comes down to where you live, and how local inventory, pricing, and buyer d

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

You’ve been waiting for what feels like forever for mortgage rates to finally budge. And last week, they did, in a big way. On Friday, September 5th, the average 30-year fixed mortgage rate fell to the lowest level since October 2024. It was the biggest one-day decline in over a year. What Sparked

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’

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

Are Homes Overvalued in Greater Phoenix? What Buyers and Sellers Need to Know Right Now In recent weeks, Greater Phoenix real estate has been the center of dramatic headlines and social media chatter. Claims of impending price drops and overvalued properties make buyers hesitant and sellers nervous

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

It’s a Buyer’s Market. Why Aren’t Prices Crashing?by Becky Trujillo | March 14, 2025 The Phoenix real estate market has officially entered a buyer’s market, yet home prices remain stable. While some may expect a price crash, the reality is more complex. Let’s dive into why home values are holding s

Partner Perspectives - Newsletter March 2025 Understanding Current Mortgage Rates and Their Impact on Potential Homebuyers As of 2025, mortgage rates remain a key factor in the homebuying process, influencing affordability and overall purchasing power. With 30-year fixed mortgage rates hovering arou

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

There’s no denying affordability is tough right now. But that doesn’t mean you must put your plans to buy a home on hold. If you’re willing to roll up your sleeves (or hire someone who will), buying a house that needs some work could open the door to homeownership. Here’s everything you need to know