The Biltmore and Camelback Corridor remain two of the most sought-after areas in Phoenix real estate. Known for upscale living, central location, and a unique mix of modern luxury with historic charm, this part of the Valley continues to attract buyers from across the country in 2025. Market Snapsh

When it comes to improving your home, not all upgrades are created equal. The smartest renovations are the ones that balance design appeal with build quality projects that not only make your home look better but also increase its long-term value. As both a Realtor® and Licensed General Contractor, I

The first week of September has brought a notable shift in the Phoenix housing market, just as predicted. New listings have jumped to approximately 2,200 per week, a pace we haven’t seen since May. Interestingly, about half of these listings are arriving right before the weekend, aligning with pr

The Biltmore and Camelback Corridor remain two of the most sought-after areas in Phoenix real estate. Known for upscale living, central location, and a unique mix of modern luxury with historic charm, this part of the Valley continues to attract buyers from across the country in 2025. Market Snapsh

Over the last six weeks, the Greater Phoenix housing market has been steadily shifting in favor of sellers. Supply continues to shrink while demand rises, and this week's average monthly change in the Cromford® Market Index (CMI) is up 9.4%. While that’s only a slight increase from last week’s 9.

Phoenix isn’t just the 5th largest city in the U.S. It’s one of the fastest-growing metros, attracting buyers from California, Texas, and beyond. If you’re thinking about making the Valley of the Sun your home, here’s everything you need to know. 🌡️ Weather & Lifestyle Phoenix is famous for its su

Mortgage rates have quietly shifted in favor of buyers. The typical 30-year fixed rate now sits at 6.52%, a welcome drop from the 7%+ levels we saw earlier this year. While this rate may not feel "low" by recent standards, it’s important to zoom out: the long-term median since 1971 is 7.3%. In fa

The seller-friendly trend in the Phoenix-area housing market continues to accelerate for the fourth straight week, driven primarily by falling supply. The average monthly change in the Cromford® Market Index (CMI) now sits at +8.4%, a noticeable uptick from last week’s 6.9%. This positive momentu

The Phoenix area housing market has continued its recent trend in favor of sellers, showing further momentum in the month of August. The Cromford® Market Index (CMI) reflects a monthly average change of +6.9%, a notable jump from last week's 4.5%. This surge is largely driven by a consistent decl

The Phoenix housing market continues its recent shift in favor of sellers, with momentum gaining pace. The average monthly change in the Cromford® Market Index (CMI) now stands at 4.5%, a noticeable increase from last week's 2.7%. This marks the third consecutive week of upward movement. Eleven c

After several months of buyer-friendly trends, the Greater Phoenix real estate market has begun to shift back in favor of sellers. The average monthly change in the Cromford® Market Index (CMI) rose to 2.7%, up from just 0.4% the previous week. This uptick suggests growing momentum, as seller con

The percentage of listings under contract in July 2025 sits at just 13.4%, significantly below the long-term average of 21.2% observed from 2000 to 2025. This metric serves as a key indicator of market activity, and historically, any value above 24% signals a “hot” market while values below 18% i

The Greater Phoenix housing market continues to show signs of softening for sellers, but the downward momentum appears to be slowing. This week’s average change in the Cromford® Market Index (CMI) is -0.8%, a notable improvement compared to last week’s -1.7%. While conditions remain more favorabl

Over the past year, median sales prices have revealed a clear stratification across different housing markets in the Valley. By comparing monthly median sales prices with figures from 12 months ago, a consistent trend is emerging that luxury markets are holding their ground or even apprecia

The latest S&P/Case-Shiller® Home Price Index® offers a fresh look at the housing market, though the data lags real-time conditions. The newly released figures, covering February through April 2025, reflect transactions that typically closed around mid-March, making the data over three months old

The Phoenix-area housing market continues to slide in favor of buyers, reversing a short-lived trend of slowing declines. The average change in the Cromford Market Index (CMI) this week was 2.7 percent, slightly more negative than last week’s 2.5 percent. This marks a departure from the previous

The Greater Phoenix housing market continues to shift in favor of buyers, though the rate of deterioration has slowed for sellers. The average change in the Cromford® Market Index (CMI) now sits at -2.5%, a slight improvement compared to last week's -3.1%, marking the third consecutive week of re

As the Phoenix housing market shifts, foreclosures are slowly beginning to return to the radar. While mortgage delinquencies remain relatively low compared to rising defaults on credit cards and auto loans, May saw 389 new Notices of Trustee Sale issued in Maricopa County, up from 315 in May 2023

The real estate market continues to trend away from seller-friendly conditions, although the pace of deterioration has slightly slowed. The Cromford® Market Index (CMI) fell by an average of 3.5% over the past month, less negative than last week's 4.1% decline. Only four cities have improved for

A recent survey by BMO shed light on shifting mindsets among potential U.S. homebuyers, and some of the findings are downright shocking. It’s no surprise that nearly 70% of respondents said high mortgage rates are impacting their homebuying plans. For those who remember the 1980s and 1990s, rates