The Phoenix real estate market continues to soften with two cities on the cusp of a buyer’s market and everything else following shortly behind. A number of cities are seeing median sales prices this month lower than last month…will sales prices truly decline? Watch to get all the details!
*Source: Cromford Report
*Source: Cromford Report
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00:00 Introduction
00:26 Jobs Report
02:00 Mortgage Rates
03:38 Recession and Mortgage Rates
05:44 Contract Ratio by City
08:17 CMI Definition
09:11 CMI by City
11:24 Overall CMI
13:15 Median Sales Price Declines
