Homes For Sale In Verrado Arizona

Homes For Sale In Verrado Arizona

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Experts say Phoenix is still a sellers market. Here's why - AZ Big Media 06/15/2024

https://azbigmedia.com/real-estate/experts-say-phoenix-is-still-a-sellers-market-heres-why/

Experts say Phoenix is still a sellers market. Here's why - AZ Big Media In Phoenix, where the May Zillow Home Value Index hit $461,390, a year-over-year increase of 4.2%, experts say it's still a sellers market.

Overwhelming majority of US metro areas saw home prices increase in the first quarter of 2024 05/10/2024

Why are home prices rising (almost 5% in the last year) in Phoenix?
From 2021 to 2022, Maricopa County — which contains much of greater Phoenix — added 57,000 people, registering the largest population growth in the nation. As the Federal Reserve lifted interest rates to lower inflation, mortgage rates increased sharply, raising the costs of buying homes.

Overwhelming majority of US metro areas saw home prices increase in the first quarter of 2024 Buyers in the U.S. housing market have faced the highest mortgage rates in 20 years, and the South registered the largest share of single-family existing-home sales in 2024's first quarter.

03/06/2024

https://kjzz.org/content/1862519/arizona-projected-gain-nearly-480000-jobs-through-2032-report-says #:~:text=The%20state%20Office%20of%20Economic,of%20721%2C689%20during%20that%20period.

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