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In this episode of Monthly Market Update, we delve deep into the intriguing landscape of the housing market in Phoenix, Arizona, as we step into the heart of October 2023. Join us as we explore the current state of the housing market in this vibrant and dynamic desert metropolis.

First, we dissect the most pressing issue on every potential homeowner's mind: Mortgage rates. Discover how the financial dynamics have evolved. We explore the factors that are influencing the current mortgage rates and offer insight into what prospective buyers and sellers can expect in this climate.

But the story doesn't end there. We take a historical journey back to the 1980s, a time when inflation rates were even higher. We analyze how the memories of that turbulent era continue to shape perceptions and strategies in today's market.

Unraveling the media's role in shaping public perception, we explore the nuances of how they present data on current foreclosures. Learn how the media can sometimes use “the math” to create a false sense of crisis in the Phoenix housing market.

So, whether you're a first-time buyer, a seasoned investor, or just intrigued by the complexities of the real estate world, this episode will provide you with the knowledge and insights you need to navigate the October 2023 housing market conditions in Phoenix, Arizona.

Subscribe to our channel and come along for the ride as we peel back the layers of one of the most intriguing real estate markets in the United States.

Contact Ryan with Waterstone Mortgage at (480) 635-3035 - and make sure you tell him you found him here.

Here are some free "goodies" 🙂

Learn all about the different neighborhoods in the Greater Phoenix Area with each episode of The Neighborhood News https://youtube.com/playlist?list=PLvQwjaqVCSSDOffb1lHhzcwADOObKrS1I

The Homebuyer Cheat Sheet: https://katielambert.exprealty.com/ask/898f7ef7df7542b5deffb7334b233679

The Home Seller Cheat Sheet: https://katielambert.exprealty.com/ask/0ff36ead873088840c7349a681db054d

To learn more about AZ real estate and to keep up on trends and market conditions, join us in our Homeowner Education Group on FB: https://www.facebook.com/groups/teamevoazhomeowners

Search Phoenix and surrounding area homes on our "good deals" page: https://katielambert.exprealty.com/ask/0b7ab18fbc21fb8b758fcd10dc6f514f

Thinking about a career in real estate? Get started here: https://katielambert.exprealty.com/ask/2770e196e5b776ea4c7bf431e7299229

Contact https://evoaz.com/ to buy or sell a home in the Phoenix AZ area.

The information given in this video and/or any of our videos is not intended to promote the buying and/or selling or abstaining from buying and/or selling of any real estate. The primary purpose of this podcast is to educate and inform on a very specific market. This information should not be construed as advice. Please consult your attorney, CPA, real estate agent, or wealth manager directly in regard to any specific sale, purchase, or financial decisions you make based on the information provided in our videos.