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Arizona fares slightly better as high mortgages, low inventory hit home sales

Alexandria Cullen Cronkite News//August 28, 2023//[read_meter]

home sales, Realtors, mortgages, Arizona

Rising mortgage rates have hit home sales nationally, according to a new report, making owners reluctant to sell and buyers facing steeper costs. The same is true in the Valley, local agents say, but demand from the region's fast-growing population has eased the pain in Arizona. (Photo by Staff Sgt. Teresa J. Cleveland/U.S. Air Force)

Arizona fares slightly better as high mortgages, low inventory hit home sales

Alexandria Cullen Cronkite News//August 28, 2023//[read_meter]

High mortgage rates and tight inventories are hitting home sales nationwide, but agents in Arizona say the continuing influx of new residents to the state has softened the impact in...

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