Posts from November 2023

It's a Buyer's Market Once Again In These 8 Cities
Median Seller Incentive Hits a New High

For Buyers:
Buyers who felt they lost out on the buyer's market last year will be getting another chance this year. The Greater Phoenix housing market, on the whole, only has a few days left before it enters a balanced market. However, as 18 cities are still in seller's markets, there are 11 that are either already in balance or in buyer's markets.

What does a buyer's market mean for buyers? Most buyers assume it means that sales prices will come down, but by the time sales price measures show a decline the buyer's market could be 2 months old, or already over like it was last year. The first thing to move isn't a sales price, but a list price combined with higher seller incentives for buyers.

Over the past 2 months, as mortgage rates peaked at 8%, weekly price reductions increased in number by 33%. Meanwhile, the median seller incentive to...

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Get to know Greater Phoenix by lending a helping hand.

Volunteering is more than just a pathway to giving back. In Greater Phoenix, volunteering becomes a unique way to contribute to worthy causes while also making meaningful connections with the area and its people. Here are six opportunities where you can lend a helping hand, make a difference, and genuinely get to know the Greater Phoenix area.

Midwest Food Bank (Gilbert, AZ)
Dedicated to alleviating hunger and poverty, Midwest Food Bank distributes food to about 30 nonprofit agency partners in the greater Phoenix area and beyond. By volunteering here, individuals can actively participate in sorting, packing, and distributing food to local nonprofits, contributing directly to t...

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