Local Real Estate Pulse

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Little Red Riding Hood Real Estate Market Update – Fair Housing Month

Little Red Riding Hood Real Estate Market Update – Fair Housing Month

Little Red Riding Hood Real Estate Market Update – Fair Housing Month Nancy Wittenberg
Published on: 10/04/2024

Happy Fair Housing Month! The Valley real estate market is telling a Little Red Riding Hood story—some areas are hot, some cold, and others balanced. Chandler remains a strong seller’s market, Queen Creek is leaning buyer-friendly, and Gilbert sits in a lukewarm seller’s zone. With mortgage rates back above 7% and annual sales at their lowest since 2009, many are asking: Are we in a housing bubble? Here’s what the latest data says about inventory, foreclosures, speculation, and where prices may be headed next in Maricopa County.

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