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Welcome to this week’s Roy Sold Friday Real Estate Rundown! In today’s episode, I break down the latest trends in the Greater Phoenix Metro housing market, where we’re seeing more inventory and balanced conditions for both buyers and sellers. We’ll discuss the 4% year-over-year price increase, what it means for your home’s value, and why now might be the right time to buy or sell.
We also cover the latest 30-year fixed mortgage rates, which are holding steady at 6.68%, and what that means for affordability as we head into 2025. With Phoenix’s booming job market and continued housing demand, there are plenty of opportunities on the horizon. Whether you're looking to buy or sell, this episode has everything you need to make informed decisions as you go into the weekend.
Be sure to subscribe for weekly updates, and don’t forget to check out RoySold.com for a free home valuation or call 833-ROY-SOLD for more info!