Maybe 7% Isn’t the Real Problem
Mortgage rates above 7%…ouch. Believe it or not, the big affordability problem isn’t mortgage rates…and it’s not really home prices either.
Mortgage rates above 7%…ouch. Believe it or not, the big affordability problem isn’t mortgage rates…and it’s not really home prices either.
The economy may look fine on paper, but a lot of households are feeling squeezed. In Phoenix, that pressure is showing up in housing—not through collapsing prices, but through fewer people moving. Here’s why today’s market feels so different depending on when you bought your home.
Phoenix Housing Market Update: A Buyer’s Market, Not a Housing Crash Metro Phoenix Weekly Real Estate Snapshot — July 16, 2026 The Metro Phoenix housing market is giving both buyers and sellers a needed reality check. After the extreme seller’s market of 2020 through 2022, today’s market can feel unusually slow. Homes are taking longer…
I was poking around my old YouTube channel recently — the one that has been sitting in mothballs for the last few years — and I came across my most-viewed video. It was called “Moving to Phoenix — Take Your Time.” More than 50,000 people watched that video, which still surprises me a little. Apparently, a lot of…
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