#phoenix-housing-market

#phoenix-housing-market

Ginsburg stated that treating builder business as a core pillar rather than a side channel reflects a broader industry shift. He believes a healthy balance of builders should be around 15% to 20% of the overall retail book of business.

HousingWire's 2026 Rising Stars honor industry leaders age 40 and under who are making an impact across mortgage, real estate and homebuilding. The honorees represent a range of roles and are recognized for driving innovation, supporting their organizations and contributing to broader industry progress.

Mortgage rates are near 6%, which means it costs builders less to do a buy-down, and because they sell homes as a commodity, they're trying their best to manage this cycle and their profit margins. This means selling a new home in recent years has been more of a calculation on how much builder credit they can and need to give.

Realtor Todd Luong of REMAX DFW Associates in Frisco said his recent experience reflects meaningful improvement for buyers, even if affordability remains strained. Here in the Dallas real estate market that I serve, affordability remains a challenge, he says. However, there is a significant amount of data showing that buyer conditions have improved over the past year and that buyers are gaining affordability ground. This should eventually increase housing demand to some degree as we head into the busy spring buying season.

In its analysis, the firm said it screened more than 10,000 Census-designated places in the largest 100 metro areas of the country, and chose from cities that had at least 500 active home listings in the last year. Its ranking also considered factors like housing availability, whether the city had a community of young people, the average estimated commute time, and affordability, which was weighted as one of the most important factors in Realtor.com's analysis.

During the pandemic housing boom, we saw red-hot housing demand quickly absorb much of the available slack in the housing market. Back in 2021, active housing inventory for sale, unsold completed new builds, and available lot supply all plunged to historic lows. But ever since the pandemic housing boom fizzled out in mid-2022, housing slack has been building back up in the housing market-especially in certain pockets of the Sun Belt.