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High home prices and interest rates contribute to tough market for first-time home buyers
High home sales prices and mortgage interest rates are squeezing out first-time home buyers from entering the market, especially as incomes have not kept up, housing experts say.
Arizona fares slightly better as high mortgages, low inventory hit home sales
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 the Valley.
If we build it they will come, but they are already here.
We are now in an age of climate refugees and a large corporations coming to Phoenix because we don't have a lot of the severe natural disasters destroying our City like floods, hurricanes, tropical storms, mudslides, earthquakes, and drought. We are going to continue to be a magnet for people and businesses relocating even though it is getting hotter here than ever before.
