Since the pandemic, investors have been snapping up single family homes to rent out at higher rates. This coupled with the slowed home building industry and other factors has resulted in inflated home prices, locking many first-time and low-income home buyers out of the market.But now it might be investors who are feeling the brunt of the market decline as it’s balancing
The Arizona housing market finally appears to be cooling off, rebalancing after years of high prices and limited supply. But with rising interest rates, are homes actually more affordable for buyers?To learn how these rising interest rates affect the Valley’s housing market, The Show spoke with Tina Tamboer, senior housing analyst with the Cromford Report.