Arizona Home Prices SLASHED—Here’s What Buyers Need To Know NOW | Life In Arizona

Are you thinking about moving to Arizona?
Let’s talk about what’s really going on with the Arizona home prices slashed headlines you’ve been seeing lately. I just watched a recent video that breaks it all down, and wow—there’s a lot to unpack. Nearly 28% of homes in Arizona have had price cuts, which is a pretty big deal. What’s behind it? Well, for starters, high mortgage rates are making affordability a real challenge for many buyers. On top of that, there’s more inventory out there now, so homes have a lot more competition than they did during the big COVID-19 surge.
And honestly, the main reason for these cuts? A lot of sellers are still pricing their homes based on how hot the market used to be—not how it is right now. So, if you're buying, this could actually be a great time to make a move. There are more homes to choose from, and you’ve got some solid negotiating power. On the flip side, sellers really need to price smart and pay attention to professional advice, or they might end up making even bigger price cuts than they planned.
This is a key moment in the life in Arizona real estate market, and whether you’re buying or selling, you need to know what’s going on. So if you're wondering, here’s what buyers need to know now—this market is shifting fast, and knowledge is your best advantage.
If you’re thinking about moving to Arizona be sure to give me a call, shoot me a text, send me an email, or schedule a Zoom call. I’d love to help you make a smooth move to Arizona!
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00:00 - Intro to Arizona Home Prices Slashed—Here’s What Buyers Need To Know Now
02:00 - Arizona Cromford Market Index
03:22 - Monthly Average Sale Price Per Sq Ft in Arizona
04:15 - Annual Change in Home Value in Arizona
05:15 - Home Price Cut Ranking in Arizona
06:55 - Reasons for Price Cuts in Arizona
11:55 - Guide to Navigating Arizona's Slow Market
15:12 - Wrapping Up to Arizona Home Prices Slashed—Here’s What Buyers Need To Know Now
15:38 - B-Roll of Downtown Arizona
15:43 - End of Arizona Market Update
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We get calls and emails every day from people just like you, looking for help making their move to Arizona and we absolutely love it.😍 Whether you are moving in 9 days or 90 days, give us a call☎, shoot us a text📝, or send us an email📨 so we can help you make a smooth move to Arizona.
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