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Home Prices Fell $18,600 in April!

 A surprising $18,600 fall in 1 month in the median single-family home sold price in the Phoenix area MLS from $495,000 in March to $476,392 in April. April is usually one of the strongest months for home price gains. But it is only one month. Prices might rebound some in May. But the outlook isn’t…

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9 Free Ways to Increase Arizona Home Ownership

 • Phoenix Real Estate Interactive Home Price Charts – Weekly and Monthly. Here’s What Arizona can do to help stabilize house prices, which would increase Arizona home ownership, family wealth, and economic growth, all for FREE. Live-in home buyers did NOT cause house prices to skyrocket in 2021. Investor buyers did. Read the full post at 9 Free Ways…

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Largest Supply of Homes for Sale in Phoenix since 2014

 Supply Rising like a Phoenix h/t @Woningnieuws Supply of Homes for Sale Up 47% from Last Year But supply might finally be starting to level off. Maricopa County #3 for Population Growth But Pinal County Growing Faster Percentage-wise Phoenix #4 for Net U.S. Domestic In-Migration But Arizona Construction Employment Down 3.4% from Last Year Click on…

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42% More Supply than Last Year!

 But First… I was interviewed by Mark Brodie for “The Show” on KJZZ! 42% More Supply for Sale than Last Year! Notice that supply is usually flat or falling this time of year, not increasing like this year. But also be aware that the metro Phoenix population is about 20% more than 10 years ago.…

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40% More Supply than Last Year!

 But first, I was interviewed on this podcast last week and it has 145,000 views so far! 40% More Supply for Sale than Last Year! It’s NOT because home sales are down. The number of homes sold so far is the same as last year and the year before. It’s because the number of homes…

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Supply Increasing a LOT Faster than Last Year!

 It’s only 3 weeks but so far the supply of homes for sale in Phoenix is increasing a LOT faster than last year! Supply jumped and we didn’t get rid of zoning last month. Zoning is a scapegoat the real estate industrial complex blames for high home prices. Maricopa County breaks all-time record for eviction…

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Phoenix Median Home Price Up 6% in 1 Year

 … BUT Prices Down 5% from May 2022 Phoenix home prices flat for 2+ years for typical-sized homes but prices for larger homes just set a record Phoenix home sold prices in December for the typical sized single-family home (1000-2000 square feet shown below) is flattish since Sept 2022. But for larger homes (3000-4000 square…

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