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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 ...
Here's where home prices are falling and what it means for you. Where home prices are falling Housing affordability fell to a 40-year low in 2023, but the situation is turning around in some parts ...
Some experts predict that we are approaching a "silver tsunami" in the real estate market. "The 'silver tsunami' is the idea that baby boomers will soon be selling their homes en masse," said Jenna...
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 ...
Home prices have nearly doubled since 2016, according to Zillow. The population surge — Phoenix is now the fifth largest U.S. city — also has fostered competing political beliefs in which the one source of unity is a mutual frustration with government leadership.
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.
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 ...
Hobbs, New Mexico. August 2024 home value: $161,776. 3-month home value forecasted change: -2.50%. 1-year home value forecasted change: -10.20%. August 2025 forecasted home value: $145,275. For ...
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