Lee Cunningham

06/04/2026

Here's a Facebook post that strikes a balance between informative, professional, and engaging:

📈 Arizona Real Estate Market Update – June 2026 🏡

The latest numbers are in, and despite higher interest rates, the Arizona housing market continues to show resilience.

📊 Maricopa County – May 2026 vs. May 2025
✅ 7,546 homes sold (+305 year-over-year)
✅ Average sales price increased to $616,971 (+$8,582)
✅ Sales pace increased to 243 homes per day
✅ Inventory remains healthy with 24,876 active listings

While homes are taking slightly longer to sell than they were a year ago, buyers have more choices, and sellers are still benefiting from strong home values.

🔹 Coming Soon Listings: 570
🔹 Under Contract: 4,904
🔹 Pending Sales: 5,467

Whether you're thinking about buying, selling, investing, or simply curious about your home's current value, understanding today's market is the first step toward making a smart move.

📞 If you'd like a free home value analysis or want to discuss your real estate goals, I'm always happy to help.

Do you think home prices in Arizona will be higher or lower a year from now?

06/02/2026

For nearly 20 years, I've had the privilege of helping clients buy and sell homes.

Today, I'm excited to announce the next chapter.

I am now a licensed Mortgage Loan Officer with Zoom Home Lending.

Over the years, I've guided hundreds of clients through one of the biggest financial decisions of their lives. Becoming licensed on the lending side allows me to serve clients in an even greater capacity—not just with the home itself, but with the financing behind it.

I'll continue serving clients as a Realtor while also helping homebuyers, homeowners, and veterans explore their mortgage options, whether they're purchasing, refinancing, or simply looking for guidance.

My goal remains the same as it has always been:

To provide honest advice, clear communication, and help people make confident decisions.

Real Estate + Home Loans.

One trusted advisor throughout the journey.

Thank you to everyone who has trusted me, supported me, and referred friends and family over the years. I'm excited about this next chapter and look forward to helping even more people achieve their goals.

If you have questions about buying, selling, refinancing, or VA loans, feel free to reach out.

Your Goals. My Purpose. Let's Open Doors.

04/24/2026

Looking for something to do around the Valley this weekend? 🌵☀️ Here’s a quick roundup of what’s happening April 24th–26th:

🎤 Friday

Charlie Puth live at Arizona Financial Theatre (7:30 PM)

🛍️ All Weekend

Junk in the Trunk Vintage Market – WestWorld of Scottsdale
Shostakovich Symphony No. 5 – Symphony Hall

🎉 Saturday

Monster Jam at State Farm Stadium (5–8 PM)
Señor Blanco Tequila’s Taco Fiesta in Chandler (3–9 PM)

😂 Sunday

Ali Wong at Talking Stick Resort (7 PM)

🏀 Sports Fans

Suns vs Thunder
Diamondbacks vs Padres
Rattlers vs Oilers

📺 Staying In?
Check out some new Netflix releases like Strange Things: Tales From ‘85 or Running Point Season 2.

Perfect weather all weekend—get out there and enjoy everything Phoenix has to offer! 🌞

If you ever need recommendations on neighborhoods, homes, or hidden gems around the Valley, I’ve got you covered. 🏡

04/14/2026

Market Update: Rates Dip, Uncertainty Holds

After five weeks of rising rates, mortgage rates have dipped slightly, but don’t expect relief to last. The U.S.-Iran ceasefire prompted a modest decrease—Freddie Mac reports the 30-year fixed at 6.37% last week, down from 6.46% the week before. However, stubborn inflation and instability mean a continued decline is “unlikely.” The March CPI is projected at 3.3%, notably higher than February’s 2.4%. As Bright MLS chief economist Lisa Sturtevant notes, “With energy and shipping costs keeping inflation figures ‘sticky,’ a sustained drop in rates appears unlikely for the foreseeable future.”

This uncertain landscape has cooled housing market activity. The Mortgage Bankers Association saw purchase applications drop 7% year-over-year for the week ending April 3, the first annual decline since early 2025. At the same time, Redfin’s new listings are down 2.6% from last year, and overall inventory growth is slowing—suggesting potential shortages if more sellers stay put through volatility.

Still, consumer curiosity remains high. Zillow reports listing page views up 32% compared to last year, showing buyers are watching for opportunities—even if they aren’t ready to jump yet. Applications for adjustable-rate and FHA loans are also up, signaling buyers are searching for affordability where they can.

February 2026 Sets New Record for Home Price Cuts

A record-breaking 34.2% of U.S. home sellers in February 2026 dropped their listing price—up from 31.5% in February 2025 and the highest mark for any February since at least 2012 (Redfin). Sellers who made price cuts lowered their price by an average of $40,915, or 7.3%. When averaged across ALL sellers (not just those who reduced), the price cut was $13,463, or 2.4%—again, the highest percent reduction on record for that month.

What’s Driving the Shift?
This surge in price adjustments is largely the result of a strong buyer’s market: more inventory, fewer committed buyers, and continued high mortgage rates are giving buyers more choices and leverage.

04/09/2026

🚨 Price Reduction in Florence! 🚨

Looking for space, comfort, and value? This beautiful home at 10702 E Marigold Ln just got even more attractive with a recent price improvement!

✨ Great layout
✨ Desirable location
✨ Now priced to move

If you’ve been on the fence, this is your opportunity to jump in before it’s gone.

📩 Message me for details or a private showing!

Step into this stunning and spacious 5-bedroom, 3-bath home located in the highly sought-after Magma Ranch community in Florence. Designed with both comfort and functionality in mind, this home offers an open and versatile floor plan featuring a formal living area, a cozy family room, and a convenie...

04/01/2026

Thinking about waiting for interest rates to drop before buying or refinancing?

The market is now expecting little to no Fed rate cuts this year—and there is even a growing chance rates could move higher instead of lower.

That means the buyers who have been “waiting for lower rates” may end up facing:
• Higher monthly payments
• More competition later
• Higher home prices if inventory stays tight

If you have been thinking about buying, selling, or refinancing, it may make more sense to make your move based on your personal situation—not on hopes of lower rates.

You can always refinance later. You cannot go back and buy today’s home at today’s price if both prices and rates rise.

If you want to see what buying now vs. waiting could look like for you, send me a message and I’ll run the numbers.

01/09/2026

📊 January Market Snapshot – Phoenix Metro 🏡

Wondering what’s really happening in our local real estate market as we kick off the new year?

Here’s the big picture 👇
• Inventory is up, giving buyers more options
• Homes are still selling at 97% of list price
• Average sales price is holding strong at $625,513
• Homes are taking a bit longer to sell — creating negotiation opportunities

💡 What this means for YOU:

➡️ Homeowners:
You may still have solid equity — but pricing correctly matters more than ever.

➡️ Buyers:
This is one of the best windows we’ve seen in a while to negotiate price, repairs, or concessions.

Every neighborhood is different, and these are market averages. Your home (or target area) could look very different.

👇 Want the numbers that actually matter to you?
Comment “VALUE” for a free, no-pressure home value
—or—
Send me a DM and tell me what you’re curious about (buying, selling, or just watching the market).

📍 Phoenix Metro | Local data. Real advice. No fluff.

12/23/2025

Most buyers assume they should “wait until spring.”
But right now, the numbers tell a very different story 👇

🔻 Builders Are Cutting Prices

For the second month in a row, nearly 40% of builders lowered prices, and 67% are offering incentives — things like closing cost help, rate buydowns, or upgrades.
That kind of leverage hasn’t been this common since early 2020.

💸 January = Better Affordability

Historically, January has the lowest price-per-square-foot of the year.
Less competition means fewer bidding wars and more room to negotiate — real savings, not just “theoretical” ones.

🤝 Buyers Have More Negotiating Power

With fewer people shopping, sellers who are on the market now are serious.
That opens the door to:
✔️ Price reductions
✔️ Closing cost credits
✔️ Repairs or warranties
✔️ Flexible timelines

Spring may bring more listings — but it also brings more buyers, more stress, and higher prices.

🏠 Starter Homes Are Leading the Market

Starter-home sales are up nearly 5% year-over-year, inventory is improving, and price growth has slowed.
Homes are sitting longer, giving buyers time to think, negotiate, and make smart decisions — not rushed ones.

📍 What This Means for You

If you’re a first-time buyer, downsizing, or just trying to stay within a smart budget, this window matters.
Winter buyers are taken seriously — and that’s when the best conversations (and deals) happen.

💬 Curious what this looks like in your area?
📲 Comment “BUY” or message me and I’ll break down your real options — no pressure, no fluff.

Every season has opportunity… if you know where to look.

12/22/2025

Rare opportunity to own a premium custom homesite in the gated Canyon Reserve community at the base of the South Mountain Preserve. This 4.23-acre hillside lot offers sweeping mountain, desert, and city-light views, along with unforgettable sunsets and a peaceful Sonoran Desert setting surrounded by high-end custom estates. One of the largest remaining parcels in Ahwatukee, the property includes utilities on site and approximately 19,000 sq ft of designated building envelope, providing flexibility to design a true custom desert retreat. Enjoy the privacy of mountain living while remaining minutes from shopping, dining, schools, golf courses, parks, trailheads, and convenient access to the Loop 202. Located within the Ahwatukee Foothills—one of Phoenix's 15 villages—

this area is known for its active outdoor lifestyle, proximity to hiking, biking, and horseback riding, and easy access to the greater Valley. An exceptional homesite in a secluded yet well-connected location.

For more details, CLICK HERE: https://www.flexmls.com/share/DD1MQ/14008-S-ROCKHILL-RD-40-Phoenix-AZ-85048

12/19/2025

Looking for something to do this weekend? Or perhaps for New Years?