Cindy Nelson AZ REALTOR Blog
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Phoenix Real Estate Market in August 2026
What Homebuyers Get for Their Budget in 2026
Sellers: What to Watch this Summer
For Buyers
The topic of affordability is hot right now, especially when it comes to first time buyers. However, often the only measure quoted in articles is the median or average sales price without identifying what that looks like. In 2026 to date, the median size single family home sold in Greater Phoenix is 2,001 square feet, with a median sales price of $450,000. This is larger than what many first-time homebuyers need or want with their first home. With that in mind, below are the median sizes of homes purchased within different budget tiers this year:
Growth areas like Pinal County, Buckeye, and Surprise offe...
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Cindy Nelson Named One of Phoenix Home & Garden's 50 Top Agents for 2026
I'm incredibly honored to be named one of Phoenix Home & Garden magazine's 50 Top Agents for 2026.
What makes this recognition especially meaningful is that it began with a nomination from one of my clients. After Phoenix Home & Garden's selection process, I was grateful to be included on its inaugural 50 Top Agents list.
I love what I do. The people, the research, the challenges, and the successes. I love it all! So while this recognition is exciting, it really feels like icing on the cake.
Much of my real estate business comes...
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Greater Phoenix Job Market and Real Estate Trends: What Buyers and Sellers Should Know
Greater Phoenix stands out in WalletHub's "Best Cities for Jobs" rankings
WalletHub's latest "Best Cities for Jobs" study places Scottsdale at number one in the U.S. and shows the Greater Phoenix area with several strong performers, including Chandler (No. 14), Gilbert (No. 28), Tempe (No. 30), Peoria (No. 33), Mesa (No. 55), Phoenix (No. 72), and Glendale (No. 80). The big takeaway is simple. The Valley is not driven by one job center. Job growth and hiring are happening across multiple Valley cities.
Why this matters for Phoen...
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Fact Check February - Don't Fall In Love With These 7 Narratives on Housing
Fact Check February - Don't Fall In Love With These 7 Narratives on Housing
There is no online shortage of armchair quarterbacks when it comes to prognostications on the future of home values and affordability. However, there are narratives that some people, and journalists, stubbornly hold to that are simply outdated or incorrect. Many of them were true a few years ago but are no longer true today. Here are just a few:
Myth #1 - Buyer demand is declining.
This was true in 2022 and 2023, but is no longer true today. While mortgage rates have knocked many buyers out of the game, buyer demand is now stable and following last year's trend with little reaction to rate fluctuations.
Myth #2 - There is very little to buy under $300K.
This was definitely true a few years ago, but not today. In February 2022, there were only 90 single family l...
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Predictions for 2025, What to Expect in Q1
It's a Buyer's Market, Will Prices Drop?
For Buyers:
The buyer's market in Greater Phoenix is still young at just over 5 weeks old but isn't getting worse thanks to supply stabilizing over the past two weeks. For some, this scenario brings anticipation of a decline in sales prices, however there's more to this buyer's market than meets the eye. There have only been 3 other buyer's markets in Greater Phoenix over the last 25 years, and they are all unique in their circumstances and thus give us little to compare with our current market.
What can we expect in terms of price trends today with our new baby buyer's market? That depends on how long the market stays friendly towards buyers. Sales price is the last measure to respond to a shift from a seller advantage to a buyers advantage. The first measure to crack is the seller's asking price. When that doesn't improve buyer interes...
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