In a housing market full of questions, our team gathered to bring clarity. Earlier this month, we hosted a live stream event featuring Scott Kooiman of the Klaus Team, Steve Farrington from Unity Home Loans, and Realtors Kraig Klaus and Twila Edwards. Now, we’ve trimmed that down to the most valuable insights in our latest podcast episode of State 48 Homeowner.
A Balancing Act in the East Valley
The East Valley market is currently balanced — a shift we haven’t seen in years. Inventory has slightly declined, creating a sense of stability, but with fewer transactions than usual. Sellers are adjusting expectations, and 36% are making price corrections before selling. Still, prices remain well above pre-pandemic levels, supported by limited supply.
Buyers Have the Edge — For Now
While it’s not a full-blown buyer’s market, buyers today have more negotiating power — from closing costs to inspection repairs. With rates around 6.9%, many are still waiting on the sidelines, but experts agree: a small drop in interest rates could ignite a flurry of activity.
Renting is Costing You
The team highlighted a jaw-dropping reality: if you’re paying $2,200 a month in rent, you’re spending over $100,000 every four years — money that builds zero equity. For many, this episode is a wake-up call to consider homeownership and start building generational wealth.
The Big Question: Buy or Sell?
If you’re renting or thinking about upgrading, now may be your moment. Buying now means less competition and more choices. And while sellers may not be in the driver’s seat, many are still getting solid returns — especially with realistic pricing.
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The post Ep 189 – Is It a Good Time to Buy or Sell? Arizona Housing Market Update 2025 first appeared on State 48 Homeowner.
