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In August 2024, home prices in Phoenix, AZ dropped by 4.8% year over year following several years of rapid growth. Buyers have more options now, and sellers are adjusting to the new reality of a ...
According to Redfin data from November 2024, the housing prices in Arizona went up 2.7% on an annual basis, reaching the median price of $448,900. The Arizona real estate market had 6,834 homes ...
Homeowners are trimming prices to revive buyer interest, which has dropped off amid record price highs and elevated mortgage rates. The median home price fell 1.3% year-over-year, hitting $429,990.
In some ways, Arizona's Maricopa County is proof of America’s vitality and ability to generate wealth out of seemingly nothing but grit, hard work and applied intelligence. The state’s 11 electoral votes could make the difference in who wins the presidency, yet the area’s success is overshadowed by fierce political hostilities and a sense ...
Nationally, many economists call for home prices to rise between 2% and 4% next year, around historical averages. But the strength of the housing market is likely to vary heavily by location.
Prices hit a new all-time high in June 2024, with the median sale price for an existing home reaching $426,900, according to the National Association of Realtors (NAR). July’s median price was ...
About 20% of the homes were sold above their listing price. At September's sales pace, it would take 4.3 months to exhaust the current inventory of existing homes, the highest since May 2020 and ...
Freddie Mac said home prices will increase 0.5% in 2024 and 2025, after saying last month they will rise 2.5% in 2024 and 2.1% 2025.
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