The real estate market in Arizona has evolved in the post-pandemic landscape. It is likely to become more favorable for buyers. This is true for a number of reasons. One of which is the fact that costs are rising at a slower rate. Couple that with a higher inventory compared to 2024 and you get favorable circumstances for buyers. Even as home values appear to be increasing.
There are still some factors to consider, such as above average interest rates. Demand has also skyrocketed in lieu of the increase in population. The silver lining: approximately 20% of inventory have had price cuts moving into 2025. The market is relatively stable (mid 6%) in terms of 30 year mortgage rates.
According to houzeo.com, buyers are likely set to return to the market in hopes of purchasing a home this year at a higher rate than last year. Inventory will likely increase as home values are starting to rise even more.
AZBigMedia.com describes the current climate as being in a market pause as a result of the tumultuous presidential elections from 2016 onward. This has not hampered the demand for home buyers attempting to purchase a home here in the Grand Canyon State. Demand means more transactions. It is a win win situation for buyers and sellers alike..
Arizona-style homes have seen a surge in popularity in recent years, and 2025 promises to be an ideal time for buyers. These homes are particularly appealing to those looking for open-concept layouts, spacious kitchens, multiple bathrooms, and expansive master suites.
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