While the stock market’s been a little shaky, real estate is still going strong! According to NAR’s chief economist, household wealth in housing keeps hitting new highs, and mortgage delinquencies are super low. On the new-build side, tariffs are driving up material costs—adding nearly $11K per home—but buyers are still showing up, thanks in part to builder incentives. For resale homeowners, most are sitting on sub-6% mortgage rates (aka golden handcuffs), making moves less tempting unless life demands it. And don’t forget the all-cash crowd—26% of March’s sales didn’t even involve a mortgage! The market’s shifting, but housing continues to hold its ground :) #goodthingsahead
Arizona Real Estate Market Update: A Window of Opportunity?
April 2025 // For the first time in over a decade, housing supply levels in the Arizona market have returned to what we would consider "normal" territory. This is significant—after years of inventory shortages, buyers are now seeing more options, and that’s a refreshing shift. Even better, April is showing encouraging signs of improved buyer demand, adding a bit of momentum to what has been a hesitant market.
According to market expert Tina Tamboer, this may actually be one of the best times to buy, suggesting we could be at or near the bottom of the market cycle. That said, much of this optimism hinges on one key factor: mortgage rates.
Following a recent tariff announcement that shook the stock market, mortgage rates have dipped to their lowest levels in over five months. If this downward trend continues—as many economists are predicting—we could see a healthy bump in contracts and buyer activity. Lower rates mean more buying power, and that’s exactly the kind of fuel today’s market needs.
The luxury segment has held strong, but it’s not immune to turbulence. With ongoing stock market volatility, there’s potential for a softening in high-end sales. If that happens and lower price point activity picks up, the data could misleadingly suggest a drop in home values. In reality, it may just reflect a shift in market share.
In this current buyer-friendly climate, the increase in available listings is starting to put downward pressure on pricing, especially in more saturated neighborhoods. For sellers, this means pricing strategically is more important than ever. For buyers, this could signal a unique opportunity to secure a home before rates or prices shift again.
2025 ~APRIL REAL ESTATE UPDATE //
Things have leveled out a bit lately between home sales and inventory, but with inventory still on the lower side, Chandler remains in a Seller’s Market. 🌟
Keep an eye on the Market Action Index—if things heat up, we could see prices start climbing again soon! (longterm goals) With the overall Arizona real estate currently in a BUYERS Market — cities such as Chandler, Avondale, Glendale, Fountain Hills, Phoenix, Scottsdale, and Paradise Valley stand out as being its own niche of a Seller’s Market.
🍒 Chandler, AZ Real Estate Market Update – @CROMFORD REPORT:
This Week 04/21/25
The median list price for homes in Chandler is currently $599,000, while newly listed properties have a slightly lower median price of $596,950. The average price per square foot stands at $294.
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Homes are spending an average of 67 days on the market, with the median days on market coming in at 42.
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Approximately 57% of listings have seen a price decrease, while only 2% have experienced a price increase. Around 5% of homes have been relisted.
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There are currently 723 homes on the market in Chandler. For those interested in renting, the median rent is $2,565 per month.
🏡🏠🏡
Looking to move this summer?! Call me and lets talk #housegoals ⚡️
#chandleraz #homesforsale #azrealtor #azhomesforsale #investor #buildwealththroughrealestate
today’s market update
TODAY’S ARIZONA MARKET UPDATE:
Here in AZ, active listings are coming to the market with an average of about 200 homes a week — that means today there are about 15,200 Sellers who are eagerly awaiting a buyers offer to purchase //
In this 2024 market most homeowners need to expect and plan for about 90 to 100 days before close of escrow (aka sold status).
The market we saw a few years ago has definitely come and gone — the best way to say it would be its a new year and new market trends, along with changing interest rates.
All of this data is what brings us to today. If you are considering selling your home, let connect!
@Sumer.Grandil@SoldByLimitless.com
** 2024 Real Estate Market Buyer Trend **
Even though interest rates are still trending changes, the power of a “pre-approval” is the key to purchasing a home this year ✨
Getting pre-approved is like having the ultimate power move in your house-hunting game plan. Thanks to the expected improvements of mortgage rates, more Sellers & Buyers are back in the mix. 🌞
Arizona #realestatemarkettrends are showing initial trends to a balanced market with an average of 67days on market & about 79days of inventory —
As a buyer with a pre-approval, you can strut in with a killer offer that steals the spotlight. 🏡✨
If you’re on the journey to buying a home, and need a lender — say no more! I can help connect you with a lender to take a peek at your finances. They check out stuff like your job forms (W-2), tax papers, credit score, bank statements, and more. 🎉 Once they’ve got the lowdown, they’ll hand you a pre-approval letter. With pre-approval, you’re armed and ready to face the competition!
2024 TOP ARIZONA CITIES PEOPLE ARE MOVING TO //
📬ARE YOU C ON SI DER ING A #MOVETOARIZONA ? Whether you’re planning an in-state relocation or a move from out of state, Arizona’s real estate market offers a variety of options👀✨
U-Haul moving company, recently revealed that Arizona cities #Surprise and #QueenCreek have secured positions in the ✨✨top 25 fastest-growing cities in the United States for 2023, according to the U-Haul Growth Index ✨✨
📯💪🏽🏡🏁😎💎☎️🏡🏡🤑📬💨
>> The U-Haul Growth Index, which evaluates over 🚛🚚2.5 million trucks and trailers facilitating relocations across the nation in 2023, positioned
{{ Arizona as #8️⃣ overall state }}
for U-Haul that year ‼️🌵🏜️🌲🌻
•Queen Creek’s remarkable population doubling in just eight years played a significant role in its inclusion in the U-Haul index // ☪️ Both Queen Creek and Surprise show the rapid growth is attributed in part to the favorable real estate conditions in Queen Creek, where property taxes are low, and you can purchase a three-bedroom home at half the cost compared to Phoenix.
HAVE YOU VISITED ARIZONA?
💖💖Ever thought of chasing your dreams and moving to Arizona?
Future of Real Estate // 4th Quarter of 2020
Since the pandemic broke out, people are making moves! People want space -more social distancing type of living environments. Men and Women are working from home more than ever! The housing market continues to STAY STRONG while America is figuring out ways to live within the continued COVID19 pandemic.
With elections coming up this fall, some Buyers and Sellers are treading lightly and waiting to see how things pan out. Most people don’t acknowledge or put together the timing of election and it being in 4th quarter. Those who know -they get it.
Fourth quarter seasonally declines every year. With sales then resuming in January - May of quarter 1. Also just in time for the PRESIDENTIAL INAUGURATION in 2021.
If you are one of those people who are waiting for a sign to #INVESTINREALESATE // look no further! There will always be time to respond to a CHANGE IN THE MARKET — and things will shift, thats how real estate goes! But for now, its #lowinterest rates, high BUYER DEMAND && not enough SUPPLY to meet that request.
*FRIENDLY REMINDER // The United States housing bubble was a real estate bubble affecting over half of the U.S. states. Housing prices peaked in early 2006, started to decline in 2006 and 2007, and reached new lows in 2012. On December 30, 2008, the Case–Shiller home price index reported its largest price drop in its history.
Arizona's Most Expensive Home SOLD
Arizona’s Most Expensive Home Sold
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