The Greater Phoenix housing market is closing out the year with an unexpected shift. Supply has tightened, buyer demand is trending up, and pricing has proven more resilient than many predicted just a few months ago. With improving affordability and renewed momentum, the market appears poised to finish the year stronger than anticipated. Here’s what’s driving the turnaround—and what it means if you’re considering a move.

A Year of Buyer Power May Be Ending Be aware, the market is turning . Reading the Cromford® Market Index (CMI) for Greater Phoenix, a...

Fresh Listings Climb - As Seasonally Expected? The first week of September has brought a notable uptick in new listings—around 2,200 per...

The chart in the data section below shows the Cromford Market Index — our key gauge for supply vs. demand in Phoenix Metro real...

Explore the steady U.S. home investor share, holding at 26-27% between March and June 2023.

Discover the proposed extension of Arizona's transportation tax, Proposition 400, in our blog post.

Discover the latest housing market trends from the National Association of REALTORS® (NAR) showing signs of recovery with rising home prices

Evidence from the Black Knight HPI suggests no housing crash. Reheating market seen in record-high prices, market peaks, and positive growth

Greater Phoenix as a whole has been in a balanced market since August, but is expected to glide into a buyer’s market by mid-November.

The price reductions keep coming. Last week when mortgage rates hit 7.0%, the Greater Phoenix housing market responded with 4,427 price...

As mortgage rates remain volatile and difficult to predict, it’s important for buyers to get educated on the lending tools designed to...

Good news for buyers, the number of closings with seller-paid closing costs rose 27% in July compared to June equating to 7% of all closings