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Posts from February 2025

Cindy Nelson AZ REALTOR Blog

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February
17

by

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 However, there are narratives that some people, and journalists, stubbornly hold to that are simply outdated or incorrect.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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Categories: Market Update
Tags: Buyers, Sellers, market update, affordability, supply, News, Arizona
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