The Festival Team - West USA Realty

The Festival Team - West USA Realty Full Time Real Estate Agent, Neighborhood Specialist in Sun City Festival and Serve the Adult comm HomeSmart
15543 N Reems Rd Ste 140
Surprise AZ, 85374

Homebuyers Find Opportunities Amid Economic ShiftsIt’s been a challenging season for new single-family home sales nation...
09/27/2026

Homebuyers Find Opportunities Amid Economic Shifts
It’s been a challenging season for new single-family home sales nationwide, with numbers dropping 10.5% to 607,000—the lowest since January. Higher mortgage rates and broader economic uncertainty are certainly playing a role. We’re also seeing inventory tick up by 1.9% to 488,000 units (a 9.6-month supply), while median prices have dipped 2.3% to $393,800. Here in Sun City Festival, our focus on luxury and golf course homes for the 55+ community means we’re always tracking these broader trends to help residents make informed decisions. As specialists in resort-style living, we know how important it is to navigate changing markets with both data and local expertise.


https://www.housing-trends.com/agent-news/audre-skakoon-1/1948407-Homebuyers-Find-Opportunities-Amid-Economic-Shifts

US Housing Market in September: Key Trends to WatchSeptember brought some notable shifts in the US housing market: we sa...
09/27/2026

US Housing Market in September: Key Trends to Watch
September brought some notable shifts in the US housing market: we saw 12.6% fewer home delistings, and price cuts reached 20.4%, echoing levels projected for 2025. Inventory grew in the Midwest and Northeast by 10.5% and 9.1% respectively, while mortgage rates have climbed to 6.67%, which could impact buyer enthusiasm moving forward. While national numbers paint a big-picture story, I always keep a close eye on how these trends might filter down to our unique Sun City Festival community. As specialists in luxury and golf course homes here, The Festival Team understands how broader market changes can shape opportunities within our vibrant 55+ Del Webb lifestyle.


https://www.housing-trends.com/agent-news/audre-skakoon-1/1970643-US-Housing-Market-in-September%3A-Key-Trends-to-Watch

Starter-home market cools, buyers gain leverageWe're noticing a shift in the market: starter homes are seeing more affor...
09/25/2026

Starter-home market cools, buyers gain leverage
We're noticing a shift in the market: starter homes are seeing more affordable listings, price reductions, and a noticeable drop in bidding wars—reflected in a 5.4% decline in sales. Interestingly, luxury home sales have increased by 6.2%. With mortgage rates hovering around 6.8%, affordability remains a challenge, but buyers are finding themselves with more leverage and less competition. As specialists in Sun City Festival’s luxury and golf course properties, we’re closely watching how these trends may impact both newcomers and those looking to upgrade within our vibrant 55+ community.


https://www.housing-trends.com/agent-news/audre-skakoon-1/1975432-Starter-home-market-cools%2C-buyers-gain-leverage

09/24/2026

Why Buyers and Sellers Are Stuck
Right now, we’re seeing a real tug-of-war between buyers and sellers in the Sun City Festival market. Higher mortgage rates are causing many buyers to hit pause on their home search, as monthly payments become tougher to justify. Pending sales are reflecting this slowdown — fewer folks are making the leap from browsing to making offers. On the seller side, many homeowners are staying put, thanks to their existing lower-rate mortgages, which means fewer new listings are coming to market. The result is what we call a housing stalemate: buyers are holding out for more favorable payments, while sellers aren’t eager to let go of their great rates, leading to unusually slow activity. As specialists in the unique luxury and golf course properties within this 55+ Del Webb community, we’re always tracking how these shifts impact our neighbors here in Sun City Festival.

09/23/2026

More Homes Hit the Market as Demand Cools
We’re seeing a shift in the housing market nationwide: for the four weeks ending August 23, new listings in the US nudged up 0.4% week over week, and total homes for sale rose 0.5%, reaching their highest point since early Q2. Meanwhile, pending home sales dipped 1.1% to the lowest level in six months. Even as inventory improves, high housing costs are keeping some buyers on the sidelines. The median US home-sale price is up 1.9% from last year, now topping $400,000, with average mortgage rates hovering around 7%—the highest in over a year. For active buyers, this means more options and greater negotiating power; properties that have been on the market for a few weeks often offer the best leverage for price cuts or concessions, especially when sellers price realistically. While we specialize in the unique resort-style living and luxury homes of Sun City Festival in Buckeye, we’re always monitoring these broader trends to help our community make informed decisions.

09/22/2026

Housing market peaks in 2026 as sales surge but pending listings fall
July brought some interesting shifts to the housing market: completed home sales climbed 7%, largely thanks to contracts signed in June when mortgage rates sat at 6.5%. However, as rates nudged up to 6.69%, both pending sales and new listings tapered off. Inventory saw a minor uptick, while home price growth slowed to just 2.1%—the most modest pace in the last ten years. As specialists in Sun City Festival’s luxury and golf course properties, we’re always tracking these trends to help our 55+ community navigate the ever-evolving real estate landscape. Understanding these changes is key to making informed decisions in our unique resort-style market.

09/21/2026

US Home Prices Face Real Value Erosion
It’s an interesting moment for homeowners and buyers alike: US home prices continued to climb in Q2 2026, at least on paper. Yet, when you adjust for inflation, the real value of those homes slipped for the 13th month in a row—even though the pace of that erosion slowed as inflation cooled and nominal prices saw firmer gains. One federal index shows annual appreciation just under 1.5% in Late-Q2, a small uptick from Mid-Q2, but still about 2 percentage points shy of the 3.5% inflation rate. Since early 2012, at least one federal measure has shown consistent annual price growth, underscoring the resilience of home values despite the squeeze from rising costs of living. As we look to the second half of the year, affordability remains front and center—typical monthly payments on existing single-family homes have crept up, making the path to homeownership especially challenging for first-time buyers. In our Sun City Festival community, navigating these broader trends is part of how we help residents find their perfect fit, whether it’s a luxury property or a home with a view of the course.

Builder Confidence Remains Steady Despite August ChallengesAugust brought a slight uptick in builder confidence for new ...
09/20/2026

Builder Confidence Remains Steady Despite August Challenges
August brought a slight uptick in builder confidence for new single-family homes, with the index moving to 35. Yet, economic uncertainty, elevated mortgage rates, and increasing costs continue to weigh on the market. It’s telling that 35% of builders reduced prices by an average of 6%, while 63% are offering incentives to buyers. Across the country, Midwest sales saw improvement, whereas builder sentiment in the South softened. As specialists in Sun City Festival, we pay close attention to these shifts, especially since our 55+ resort-style community often feels the impact of builder strategies and market trends. Staying informed helps us guide clients—whether they're seeking a luxury or golf course home—through each opportunity that arises here in Buckeye, Arizona.


https://www.housing-trends.com/agent-news/audre-skakoon-1/1922183-Builder-Confidence-Remains-Steady-Despite-August-Challenges

Greater Phoenix home sales rise as inventory, prices remain steadyIt’s been a dynamic start to the year for Greater Phoe...
09/19/2026

Greater Phoenix home sales rise as inventory, prices remain steady
It’s been a dynamic start to the year for Greater Phoenix real estate: single-family home sales are up 5.1% so far, with median prices inching up 1% to $485,000. Inventory has grown a bit but is still holding steady at about four months, and homes are spending an average of 78 days on the market—though that pace varies from neighborhood to neighborhood. At The Festival Team, we keep a close watch on these trends, especially as they relate to Sun City Festival. Our focus on luxury and golf course homes in this 55+ Del Webb community means we’re always tuned in to how the broader market impacts the unique resort-style living our residents value.


https://www.housing-trends.com/agent-news/audre-skakoon-1/1953540-Greater-Phoenix-home-sales-rise-as-inventory%2C-prices-remain-

Map Highlights Affordable Opportunities as Home Prices DropWe’re seeing some notable shifts in the national housing mark...
09/18/2026

Map Highlights Affordable Opportunities as Home Prices Drop
We’re seeing some notable shifts in the national housing market: new home prices have dropped to a median of $393,800—the lowest point since July 2021 and now sitting below the cost of existing homes. Despite this, sales are still lagging, largely because high mortgage rates continue to challenge affordability for many buyers. Inventory is also climbing, particularly in the South. As specialists in Sun City Festival’s luxury and golf course properties, we know how broader trends can influence choices for 55+ buyers seeking both value and lifestyle. Keeping a close eye on these changes helps us guide our clients toward smart decisions in our vibrant resort-style community.


https://www.housing-trends.com/agent-news/audre-skakoon-1/1948207-Map-Highlights-Affordable-Opportunities-as-Home-Prices-Drop

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Surprise, AZ
85374

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+16233377226

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