Dear {{first_name}},

A quick note from your corner of Phoenix this week. Three things worth knowing, then I’ll let you get back to your weekend.

first…

Median price held — but the market is softening underneath.

Days on market crept up to 47 — the highest we’ve seen since February. Buyers are taking their time. Sellers are starting to negotiate.

Translation: if you’ve been waiting for the market to soften, this is what soft looks like. Not a crash. Not a steal. But more leverage on the buy side than we’ve had in a year.

second…

Builders are quietly offering the best deals.

The new construction segment is the most active slice of the market right now. Builders are offering buyer incentives that resale sellers can’t match:

If your search has been resale-only, it might be worth widening the lens. Happy to point you toward neighborhoods where the incentive math is strongest.

and one more thing…

The Fed meets on the 28th.

If rates hold steady, expect Phoenix inventory to keep building gradually — which means more options for buyers and more patience required for sellers. If rates drop, expect the opposite. Either way, I’ll cover the takeaway next Friday.

Know someone thinking about a move?

If you or someone you know is considering buying or selling in Phoenix, I’d love to help — or refer them to someone great. Just hit reply — I love hearing from you.

You’re receiving this because you’re a past client or contact of Jamie Reyes. We send one short note each Friday — never more.

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