Lisa Cardinale - Chasing Rainbows

It’s Monday- So, here’s your Phoenix Market Update:

The latest Maricopa County numbers are in, and telling an interesting story.

📈 Closed home sales increased 4.7% year over year
📉 New listings dropped 12.6%
📉 Pending sales fell 27.9%
💰 Median home price held steady at $510,000
⏳ Average days on market increased to 70 days

So what does this mean?

For buyers: More negotiating power, less competition, and sellers who are often willing to help with closing costs, repairs, or rate buy-downs.

For sellers: Pricing correctly from day one matters more than ever. The homes that are staged, marketed well, and priced strategically are still attracting buyers.

Despite the headlines, Phoenix remains a market full of opportunity for both buyers and sellers. The key is having a strategy that fits today’s market, not last year’s.

Thinking about making a move in 2026? Let’s chat.

🌈 Chasing Rainbows Team at AXEN Realty
📲 DM me anytime (602) 741-8852

🏡 Looking for an investment property but think real estate is too expensive?

Think again.

According to Realtor.com, there are still major metro areas across the country where the median home price is under $300,000:

📍 Pittsburgh: $248,625
📍 Detroit: $248,900
📍 Cleveland: $262,225
📍 Buffalo: $264,750
📍 St. Louis: $285,738
📍 Birmingham: $299,650

While many markets have become challenging for cash flow investors, these cities continue to offer opportunities where the numbers can still make sense.

The bigger lesson? Real estate is local. While everyone is focused on national headlines, smart investors are looking at specific markets, neighborhoods, and opportunities that fit their goals.

Whether you're looking for your first investment property, a long-term rental, or a way to build generational wealth, there are still opportunities out there if you know where to look.

What market would you invest in if you could buy tomorrow?

Everyone keeps waiting for rates to crash back into the 4s and 5s… but meanwhile, Phoenix buyers are quietly gaining negotiating power 👀
Inventory is up, sellers are more flexible, and many neighborhoods have already seen price reductions and concession opportunities.
Translation? You might save MORE negotiating in today’s market than you would waiting around for a tiny rate drop later. And remember… you can always refinance a rate. BUT you can’t refinance the purchase price you overpaid. 😉

If you’ve been sitting on the sidelines wondering whether now is the right time to buy, let’s talk strategy and numbers. Every situation is different!

📍Phoenix Metro
🌈 Chasing Rainbows by AXEN Realty | 602.741.8852

Only people from the 602 understand:

• Third degree seatbelt burns
• “It’s a dry heat” 😅
• Swimming pools feeling like bathwater by July
• Taking pictures of every Arizona sunset like we’ve never seen one before 🌅😂

Happy from your local Realtor! 🌵❤️

And because we’re celebrating Phoenix today… I’m offering $602 towards closing costs if you contact me TODAY to discuss your buying or selling needs! 🏡✨

Let’s make your next move happen in the 602.

#602

What if I told you we could get you a 3.875% FHA/VA 30-Year Fixed Rate? Plus:
✅ Builder-Paid Closing Costs
✅ Move-In Package with Blinds Included AND a beautiful, spacious, brand new home in Surprise, Buckeye and the west area for under $2K a month? DM or comment below for the details because this is a RARE opportunity. 👀

Please help me congratulate Jennifer on purchasing her stunning new home in Sun City! She's starting an exciting new chapter and moving here from California, so let's make sure we give her a 'warm' Arizona welcome! 🌤🔅🌵

✨ Price Improvement! Now Offered at $589,000 ✨
If you’ve been searching for a move-in-ready home in North Phoenix with a resort-style backyard, this is your chance. Join us for an Open House this Saturday from 12:00 PM to 3:00 PM, and enjoy light refreshments while touring this beautifully updated property.
🌴 Property Highlights
3 Bedrooms | 2 Bathrooms | 1,575 Sq. Ft.
Massive 11,191 sq. ft. lot
No HOA
Brand-new pool and backyard with over $90,000 in upgrades
Solar to be paid off at close of escrow (with strong offer)
RV gate
Room for a future casita or ADU
Located in the highly sought-after PVUSD/Pinnacle High School area
Minutes to Desert Ridge, Mayo Clinic, the 101, and the 51

Whether you're looking for your forever home, extra space to grow, or income potential, this property offers a rare combination of lifestyle, location, and value.
📍 Open House: Saturday, 12 PM to 3 PM
🥤 Refreshments Provided
💲 Now Offered at $589,000
Come see why this is one of the best values in North Phoenix! Message me for the address or for more details.
📞 Lisa Cardinale | Axen Realty | Chasing Rainbows
602-741-8852
[email protected]