Will Home Prices Crash in Phoenix?
No credible forecaster is calling for a 2008-style crash in Phoenix. Foreclosures sit around 1% of Maricopa County homes today, versus tens of thousands during the 2008 crisis. More than 90% of homeowners have positive equity, lending standards are tight, and the job market remains strong. Prices ar
Do I Need a Realtor to Buy or Sell a House?
You're not legally required to use a Realtor to buy or sell, but most people still do. Since the 2024 NAR settlement, buyers must sign a written agreement stating their agent's compensation before touring homes, and that compensation is no longer advertised on the MLS. Sellers still typically cover
What's the Median Home Price in Phoenix Right Now?
Phoenix's median home sale price sits around $455,000, up about 1% from a year ago — essentially flat, not a big jump. Zillow's broader average value is $410,222, down 2.1% year over year. The gap between those numbers comes down to methodology, not two different markets. Either way, price growth ha
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