Tricia Lehane, RE/MAX Excalibur

Tricia Lehane, RE/MAX Excalibur Global Luxury RE/MAX Real Estate Advisory with Local LOVE & experience. Love my Canadian clients.

06/24/2026

US Home Prices Gain Momentum

06/23/2026

Median Home Price Hit $417,700 in April. Here's What That Means for Your Down Payment
Let’s connect and talk about the latest insights in the industry!

Here is the Monthly Cromford Report with any annual changes from last year. Active listings for sale have gone down -3.0...
06/23/2026

Here is the Monthly Cromford Report with any annual changes from last year. Active listings for sale have gone down -3.0%
-Greater Phoenix Income is Rising
-The Summer Season Is Upon Us

For Buyers: Arizona incomes continue to outpace inflation, helping improve housing affordability. With home prices remaining relatively stable and mortgage rates holding near 6.6%, conditions have gradually become more favorable for buyers. After rapid appreciation in 2021 and a correction in 2022, home values have been mostly flat. Since late 2024, buyers have benefited from less competition, more negotiating power, and increased seller concessions, including repairs and closing-cost assistance. The tradeoff is slower appreciation, so buyers should plan to own for at least 3–5 years.

For Sellers: Buyer demand is improving despite higher mortgage rates, with both pending and closed sales running ahead of last year. Demand tends to strengthen when rates fall below 6.5%, and even more near 6.0%. As Greater Phoenix enters the summer season, activity typically slows around holiday weeks. At the same time, many sellers are waiting on the sidelines, keeping new listings near historically low levels and helping limit inventory growth. A key factor to watch is mortgage rates. Last year, rates fell from 6.6% to 6.1% in late summer, triggering a surge in buyer activity. A similar decline this year could provide another boost to demand.

06/22/2026

Arizona Shade Bill Advances for Homeowners

06/18/2026

US Builder Confidence Posts Mid-Q2 Gain

06/18/2026

Attached are the monthly Luxury Home Market Reports for Arizona! There is no shortage of luxury homes in Arizona. With choices ranging from vast desert estates to tranquil waterfront residences, Arizona's luxury real estate market offers plentiful opportunities.

As a premier luxury RE/MAX agent in the Greater Phoenix Metro area, I specialize in matching discerning clients with the finest properties.

If luxury is what you're looking for, please reach out to me Today!

06/17/2026

Arizona Buyers See Limited Price Relief

Address

15160 N Hayden Road #205
Scottsdale, AZ
85260

Telephone

+16026899977

Website

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