Pro Builder
JULY 18, 2022
Boise, Phoenix Prep for Big Changes Ahead After Years of Record Home Sales. Overpriced metros like Boise and Phoenix are seeing prices drop, sales slow, and inventory levels surge amid a major market cooldown. Mon, 07/18/2022 - 10:17. The nation's hottest housing markets aren't so hot anymore.
Pro Builder
MARCH 30, 2022
Sun Belt cities like Phoenix, Tampa, and Miami reported the most significant price hikes, followed by markets in the Mountain region in states like Montana, Idaho, Wyoming, Colorado, and Nevada, among others.
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Pro Builder
OCTOBER 6, 2022
He also expects the correction will be worse for pandemic-era hot spots like Phoenix, Austin and Las Vegas that have seen an influx of new residents over the past two years, exacerbating affordability concerns that have made some markets—including a high concentration in the western U.S.
Pro Builder
AUGUST 30, 2022
Boise, Idaho came in second, followed by Cape Coral, Fla., Phoenix, Tampa, Fla. Riverside “has highly volatile home prices and it was a hot destination during the pandemic, both for people permanently relocating and those buying second homes,” according to the report. North Port Fla. and Las Vegas. Sacramento, Calif., and Tucson, Ariz.
Pro Builder
OCTOBER 18, 2022
High demand from first-time buyers will likely prevent home prices from plummeting, but popular markets such as Austin, Texas; Phoenix; San Diego; and Boise, Idaho, could see significant price drops in the year ahead, especially if housing supply remains historically low. .
Pro Builder
OCTOBER 11, 2022
States like Washington, Idaho, California, and Utah, among others, saw a relatively large run-up in prices over the last two years, but as more buyers are forced to put off their home purchasing plans, affordability is making a slow but steady comeback. . The second groups are frothy housing markets like Austin, Boise, and Phoenix.
Pro Builder
NOVEMBER 3, 2020
However, in terms of the home price appreciation and the rate of return (price appreciation less mortgage rate), the top metro areas are Cape Coral Fort-Myers, Florida; Grand Rapids, Michigan; Boise-City-Nampa, Idaho; Reno, Nevada; Port-St. Lucie, Florida; Las Vegas-Henderson-Paradise, Nevada; San Jose-Sunnyvale-Sta. Read More. . Financials.
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