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Local Market Spotlight

Rochester affordability fuels New York’s tightest housing market

Affordability, Artificial Intelligence, Housing Market Data, HWmember, Local Market Spotlight, New York /

The Rochester metro has become New York’s tightest housing market, with just 0.96 months of inventory—the lowest among all major metros in the state. The metro’s relative affordability at a $249,900 median list price appears to be driving intense buyer competition, pushing the market into strong seller territory with homes selling in a median of […]

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Phoenix sellers cut prices, but values hold firm

Arizona, Artificial Intelligence, Housing Market Data, HWmember, Local Market Spotlight, Phoenix /

The Phoenix–Mesa–Glendale metro housing market presents a striking paradox: while 48.99% of active listings have reduced prices, the median list price holds firm at $522,000, sitting 20% above the national median of $435,000. This pricing dynamic signals a market recalibration where sellers are adjusting expectations despite maintaining relatively high price points. The Arizona metro recorded

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