What's Changed in Arizona Real Estate and Lending Over the Last 3 Years?

If you've been paying attention to the Arizona housing market, you know things look very different today than they did just a few years ago.

Over the last three years we've seen:

• Rapid appreciation followed by a more balanced market.
• Mortgage rates rise from historic lows.
• Increased inventory in many Arizona communities.
• More seller concessions becoming available.
• Buyers gaining more negotiating power.
• New opportunities for first-time homebuyers.
• Changes in lending guidelines and loan products.
• A shift from bidding wars to more thoughtful home buying decisions.

In this video, Jared Halbert with Brick Mortgage breaks down what has changed, what has stayed the same, and what Arizona buyers and homeowners should know moving forward.

Watch the Video

Key Topics Covered

• Arizona home prices over the last three years.
• How mortgage rates have impacted affordability.
• Why today's market is different from 2021.
• Seller concessions and negotiating opportunities.
• What first-time homebuyers should know.
• Why waiting for "perfect timing" may not be the best strategy.
• How to prepare if you're considering buying in the future.

The Bottom Line

The Arizona real estate market has changed significantly over the last three years, but opportunities still exist for buyers who understand the current landscape. If you're considering buying, refinancing, or simply planning for the future, understanding these changes can help you make better financial decisions.

📍 Brick Mortgage — Serving Queen Creek and All of Arizona
👤 Work directly with Jared Halbert
📞 480-565-2223