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Author: cpatrickaz

Phoenix Housing Market Update: What Sellers Need to Know This Fall.

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September 30, 2026 | Charles Patrick, HomeSmart — My Home Sellers Team As we enter the final months of the year, Phoenix buyers and sellers are navigating a challenging combination: more available supply relative to sales, affordability pressure from higher mortgage rates, and holiday schedules that can interrupt home searches and showings. For sellers, attracting … Continued

The Lock In Effect Is Now Locked In

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Greater Phoenix is not frozen because homeowners are satisfied with their homes. It is frozen because the financial penalty for moving has become too large for many households to justify. Owners may need another bedroom, want less maintenance after their children move out, or simply prefer a different part of the Valley. Yet once they … Continued

September 2026 Housing Market Update

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The housing market entering September is nearly the mirror opposite of what we saw last month. In August, completed sales remained relatively strong while forward-looking indicators weakened. This month, pending listings, homes under contract and the contract ratio have all moved above last year’s levels, while closed sales and total monthly dollar volume have fallen … Continued

Phoenix Metro Monday Market Brief — August 17, 2026

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Sellers Need to Know This Week The Phoenix metro housing market is still moving, but the pace is more selective and strategic than it was during the hotter seller-driven years. Buyers are active, listings are still going under contract, and closed sales are improving compared to last year. However, sellers still need to be realistic … Continued

Coming Soon in The Meadows: Resort-Style Living at 9349 W. Louise Drive in Peoria

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A beautifully upgraded single-level home is coming soon to The Meadows—one of North Peoria’s most established and desirable master-planned communities. Offered at $764,900, this exceptional residence at 9349 W. Louise Drive features approximately 2,323 square feet, four bedrooms, two-and-a-half bathrooms, a three-car garage, RV access and a private resort-style swimming pool. The home is positioned … Continued

Phoenix Housing Market by the Numbers: July 2026 vs. July 2025

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The Phoenix housing market continues to show signs of improvement compared to this time last year, even though the market is still moving at a slower and more seasonal pace. The numbers tell a clear story: inventory is lower, closed sales are higher, and pricing remains steady. Inventory Is Down, Giving Sellers Less Competition One … Continued

June Housing Market Update

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Summer Is Heating Up, But the Housing Market Has Cooled As we officially move into the summer season, Arizona temperatures are climbing — but the housing market has cooled compared to the stronger seller markets we have seen in recent years. Inventory has started to fall, which is good news for sellers, but demand remains … Continued

Phoenix Housing Market Update – Q1 2026

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Now that we’ve officially moved through the first quarter of 2026, the housing market is showing more resilience than many—including ourselves—expected. Here are the basics – the ARMLS numbers for April 1, 2026 compared with April 1, 2025 for all areas & types: Heading into the year, there were real concerns. Mortgage rates climbed quickly from … Continued

Foreclosure Activity Then vs. Now

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This chart illustrates trustee deed activity in Maricopa County—properties that have gone through foreclosure and either reverted back to the lender (REO) or were purchased by third parties at auction. What stands out immediately is the dramatic contrast between the Great Recession years (2008–2010) and today’s market. During that period, foreclosure activity surged to staggering … Continued