Banking Inventory Phoenix Seattle 
Pro Builder
MARCH 1, 2023
Formerly red-hot housing markets such as Seattle, Phoenix, San Francisco, and Austin, Texas, have seen substantial increases in inventory, and as a result, each metro is expected to see a double-digit price correction by late 2024. decline in home prices for 2023. decline in home prices for 2023.
Pro Builder
MARCH 28, 2023
and that sudden cooldown isn’t just the result of recent banking turmoil or a shaky stock market. and that sudden cooldown isn’t just the result of recent banking turmoil or a shaky stock market. In Phoenix, 70% of for-sale homes had a price drop in February, compared with 21% a year earlier—the second-biggest uptick in the U.S.
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