Scottsdale Homes for sale, Paradise Valley Real Estate

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NATIONAL MARKET UPDATENew listings fell 5.1% from last year, the sharpest decline since winter. Fewer homeowners are lis...
10/19/2026

NATIONAL MARKET UPDATE
New listings fell 5.1% from last year, the sharpest decline since winter. Fewer homeowners are listing, but homes aren't selling quickly enough to reduce inventory. Sellers must price competitively.

MBA expects mortgage and Treasury rates to ease from recent peaks but remain higher than forecast. Affordability challenges will likely persist, keeping buyers focused on monthly payments.

Existing-home sales rose slightly in September, but remained 2.2% below last year's pace. The modest improvement shows buyers are still making moves, even as the market remains sluggish.

Which reflect market expectations for the Fed’s future interest-rate decisions, now how just an 18% probability of a 25-...
10/13/2026

Which reflect market expectations for the Fed’s future interest-rate decisions, now how just an 18% probability of a 25-basis-point hike at the October FOMC meeting, down from 70% earlier this week. The Fed Funds rate directly impacts short-term borrowing costs and influences other interest rates throughout the economy (source: CME FedWatch Tool).

Prices look steady on paper. The deals underneath tell a different story.In the last 30 days, 71% of $350K to $400K clos...
10/13/2026

Prices look steady on paper. The deals underneath tell a different story.
In the last 30 days, 71% of $350K to $400K closings included seller concessions. Every price band from $200K to $600K came in at 55% or higher.
A concession is money the seller puts toward closing costs, repairs or a rate buydown. It comes off the seller's net, so the recorded price makes the deal look stronger than it was.
Buying: ask for the credit. Most sellers in your range already said yes.
Selling: build a credit into your net from the start, and price right on day one.
The national average 30-year fixed sat at 7.55% this week.
Want to see what concessions look like in your price range? Reply to this email and we'll pull the numbers for you.

NATIONAL MARKET UPDATEActive inventory climbed 6.7% from last year, its fastest growth since February. With more homes a...
10/12/2026

NATIONAL MARKET UPDATE
Active inventory climbed 6.7% from last year, its fastest growth since February. With more homes available and buyer demand cooling, shoppers have additional choices and potentially greater negotiating power.

Mortgage credit availability tightened in September, making financing more challenging for some borrowers. For Realtors, understanding a buyer's financing options early can help prevent surprises and keep transactions moving.

New-home mortgage demand continued to weaken, with applications falling below last year's levels for another month. Slower demand could encourage builders to offer more incentives to attract buyers, creating opportunities worth exploring.

September CPI shelter inflation is forecast at 3.1% year over year for Owner’s Equivalent Rent and 2.7% for rents. Shelt...
10/12/2026

September CPI shelter inflation is forecast at 3.1% year over year for Owner’s Equivalent Rent and 2.7% for rents. Shelter disinflation has effectively plateaued, with new-lease rents picking up and likely keeping a floor under inflation (source: Zillow).

The middle 80% of borrowers received mortgage rates ranging from 6.50% to 7.43% in the 2025 data, a 93-basis-point sprea...
10/11/2026

The middle 80% of borrowers received mortgage rates ranging from 6.50% to 7.43% in the 2025 data, a 93-basis-point spread. For a buyer with a $2,000 monthly principal-and-interest budget, that difference translates to roughly $28,400 in purchasing power (source: Realtor.com).

Core PCE, the Fed’s preferred inflation gauge, rose 0.2% in August and was up 3.0% year over year. The monthly increase ...
10/11/2026

Core PCE, the Fed’s preferred inflation gauge, rose 0.2% in August and was up 3.0% year over year. The monthly increase was in line with expectations, while annual inflation remains above the Fed’s 2% target (source: Bureau of Economic Analysis).

🏡September ended with more than 1.16 million homes for sale, with active listings up in 43 of the 50 largest U.S. metros...
10/10/2026

🏡September ended with more than 1.16 million homes for sale, with active listings up in 43 of the 50 largest U.S. metros. Inventory growth accelerated from a year earlier as higher mortgage rates kept buyers on the sidelines (source: Realtor. com).

September’s Jobs Report showed just 29K jobs created, while July and August were revised lower by a combined 60K. Unempl...
10/10/2026

September’s Jobs Report showed just 29K jobs created, while July and August were revised lower by a combined 60K. Unemployment rose to 4.2%, but the labor force grew by 485K and employment increased by 406K. Wage growth slowed to 3.0% year over year (source: Bureau of Labor Statistics).

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West USA Realty 14350 N. 87th Street, Suite 170
Scottsdale, AZ
85260

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