Ep 163 - Arizona Real Estate Market Update – What You Need to Know for 2024

State48 Homeowner Podcast

In this episode of the State 48 Homeowner podcast, we bring you key insights from our latest live stream, covering the most up-to-date trends and forecasts for the Arizona real estate market. Our expert panel, including top agents from the Klaus Team and Steve from Unity Home Loans, discuss the latest market data, what it means for buyers and sellers, and what to expect moving into 2024.

From mortgage rates and home sales predictions to inventory updates and how new real estate regulations are affecting transactions, this episode covers it all. Whether you're thinking about buying, selling, or simply curious about the Arizona housing market, you'll get the expert advice you need to make informed decisions.

Key Topics Covered:

● Current Arizona real estate market trends and data for Q3 2024. ● Mortgage rate updates: How recent changes impact your buying power. ● New rules for buyer-agent agreements and what it means for you. ● Forecast for home prices and sales volume in Arizona going into 2025. ● The role of new home builds in supporting the Arizona market. ● Expert predictions on how Federal Reserve rate cuts will impact the housing market. ● Why now might be the perfect time to buy before rates drop further.

Why You Should Watch: Stay ahead of the curve by understanding what’s happening in the Arizona real estate market right now. We share actionable insights for homebuyers, investors, and sellers navigating the current landscape. Plus, get advice from industry leaders on how to make the most of today’s market conditions.

About Our Experts: Kenny Klaus and the team at Klaus Team Real Estate Solutions are your trusted Arizona real estate professionals, offering decades of combined experience. With specializations in East Valley markets, they are equipped to guide you through every step of your real estate journey—from buying your first home to expanding your investment portfolio.

Relevant Links:

● State 48 Homeowner Podcast Website: https://state48homeowner.com ● Contact the Klaus Team for expert real estate advice. https://klausteam.com/callusfirst ● Learn more about current Arizona mortgage rates with Unity Home Loans. https://unityhomeloans.com/steve-farrington/

Hashtags: #ArizonaRealEstate #RealEstateMarketUpdate #HousingMarket2024 #MortgageRates #HomeBuyingTips #ArizonaHomeSales #RealEstatePredictions #KlausTeam #State48Homeowner #investinrealestate

0:00 Taking Advice 2:37 NAR Settlement 5:47 Call Us First 6:18 Local Market Update 8:16 Wave of Foreclosures 10:25 Tips for Sellers 11:09 Interest Rates 13:55 Expert Predictions for 2025 - Rates Dropping 14:44 Expert Predictions - More Homes Selling 15:54 Expert Predictions - Home Prices Rising 16:23 What it Means for Buyers 16:47 What it Means for Sellers 17:13 Home Buying Process Now