The Market Nobody’s Talking About Clearly
Thousands of price reductions are hitting the Phoenix MLS right now. Sellers who held firm for years are adjusting. Buyers who show up with a clear strategy have more leverage than they've had in years. Rates ticked up through March, then started coming back down in April, and that small shift alone was enough to bring buyers back off the sidelines.
Inside that broad picture, a split is forming that tells you where the real opportunity lives. Turnkey homes move-in ready, clean, well-priced — are moving quickly. Homes that need work or came in above what the data supports are sitting, some through their third or fourth price reduction. The gap between those two categories is widening every week. If you know which side of that line to be on, this market is working in your favor.
