Housing

Valley home listings falter amid high interest rates, lack of sellers

The hope of the Valley’s housing market developing more listings to ease three years of price crunches is evaporating in the rising heat.

Higher interest rates and homebuyers needing to prove credit worthiness in a Phoenix market comes as a slump in supply is occurring, according to local experts.

The Valley has the lowest number of new listings in “at least” 23 years, said Tina Tamboer, a housing analyst with the Cromford Report.

You must be a member to read this story.

Join our family of readers starting at $5 for your first month and support local, unbiased journalism.

Already have an account? Log in to continue.

Otherwise, follow the link below to join.

Valley home listings falter amid high interest rates, lack of sellers

Board of Supervisors sets public hearing for e-bike and e-scooter ordinance

Suns owner Mat Ishbia addresses offseason controversies at Media Day

Trump, GOP don’t embody the Cowboy Code

Goodyear is building; D.C. keeps getting in the way

Diamondbacks manager Torey Lovullo returns to team on 2-year deal, AP source says

Union Hills Centre in Phoenix offers ‘suite’ special

Board of Supervisors sets public hearing for e-bike and e-scooter ordinance

Suns owner Mat Ishbia addresses offseason controversies at Media Day

Valley home listings falter amid high interest rates, lack of sellers

Please log in to continue

Need an account?

Non-subscribers

Register to comment