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The market continues to shift in favor of buyers, with 12 cities showing a deterioration in seller conditions over the past month, matching last week’s trend. Only five cities posted improvements. Among them, Avondale stands out with a notable 10% gain, while Buckeye improved by 6%, and both Glendale and Surprise saw modest increases of 4%. Maricopa gave sellers a slight boost of 3%, but it still strongly favors buyers overall.   On the other end of the spectrum, cities such as Tempe, Cave Creek, Scottsdale, Gilbert, and Peoria are leading the movement toward more buyer-friendly conditions.   The average monthly change in the Cromford Market Index (CMI)* now stands at -2.7%, a slight improvement over last week’s -2.9%. This signals a continued but slowing downward trend that began earlier this month. Demand remains relatively steady, but rising supply is the more significant factor, and it's bucking seasonal norms by accelerating in April. If this trend continues, we can expect inventory to swell even further during the second half of the year, unless there is a significant shift in the market.   If conditions remain unchanged, sellers may face an increasingly competitive landscape. More listings mean more choices for buyers and more price reductions and concessions from sellers who are eager to secure offers.   Currently, we have: Seven cities are still classified as seller’s markets Four cities in a balanced market territory Six cities are firmly in buyer’s market territory   Only Chandler and Avondale maintain CMIs above 120. The remaining five seller’s markets are barely holding on, with CMIs under 115, indicating minimal advantage for sellers. In practical terms, there are just two cities where sellers may still feel a meaningful edge.   While the overall CMI has been declining since late January, home prices remained surprisingly resilient through Q1. However, that strength may be fading fast. Over the past two weeks, the median sales price decreased by 1.7%, and the average price per square foot dropped by 2%. These shifts are significant for this time of year and raise concerns about further price softening.   If the CMI falls below 80, we may see continued price declines as the market seeks equilibrium. This environment feels reminiscent of Q2 2022, although this time, the absence of major iBuyer activity alters the dynamics. iBuyers, once influential, now represent too small a portion of the market to make a noticeable impact. * Cromford Market Index™ is a value that provides a short-term forecast for the balance of the market. It is derived from the trends in pending, active, and sold listings compared with historical data over the previous four years. Values below 100 indicate a buyer's market, while values above 100 indicate a seller's market. A value of 100 indicates a balanced market. Housing Market Builder sentiment stayed negative in April. Tariff worries and high material costs outweighed a slight boost from lower mortgage rates. Purchase mortgage applications dropped 5% for the week but were 13% higher than the same week a year ago. More borrowers turned to adjustable-rate mortgages last week after interest rates surged amid market turmoil. Economy Retail sales experienced their most significant increase in over two years last month, as consumers rushed to make purchases ahead of impending tariffs. Fed Chair Powell reiterated this week that the Fed must ensure tariffs don't trigger a persistent rise in inflation, making rate cuts unlikely. Unemployment claims fell to a two-month low last week, indicating that companies were not resorting to large-scale layoffs as tariffs took effect. Have a great week!

You’ve been working on your savings and dreaming of that moment when you finally have the keys to a place that’s truly yours. You might not realize that your tax return could give you a little extra cash to help you get there sooner. As  Freddie Mac notes: “ . . . your tax refund from the IRS can be a useful supplement to your home-buying budget.” So, if you’re getting a tax refund this year, you can use it to help you pay for some of the upfront costs that come with buying a home, like the down payment and closing costs. And here’s the best part. On average, people got more money back in their refunds than last year. While it’s not a significant increase, the visual below uses data from the  Internal Revenue Service  (IRS) to show that the average individual’s refund is 3.9% higher this year: Of course, how much money you may get in your tax refund will vary. But when it comes to buying a home, any extra cash can help move things forward. Here are a few examples of how you can put that money to good use, according to Freddie Mac: Save for a down payment – Saving for a down payment can be one of the biggest hurdles for buyers. Setting aside your tax refund for this expense could help you reach your goal faster. Just remember, it’s typically not required to put 20% down. Pay for closing costs – Closing costs include fees for the appraisal, title insurance, and loan underwriting. They’re generally between 2% and 5% of the home's total purchase price. So, putting your refund toward these costs can make things more manageable on closing day. Lower your mortgage rate – Your lender might allow you to buy down your mortgage rate. If you qualify for this option, you could pay up front for a lower mortgage rate. It may be worth exploring if your budget is tight at today’s rates and home prices. But you don’t have to figure it all out on your own. Working with Brad and his team of trusted real estate professionals who understand the home-buying process, what you need to save, and any resources you can tap into will help ensure you’re ready to buy when the time comes. When saving for a home, every dollar gets you one step closer to your goal. While your tax refund may not be enough to change the game, it can help boost your home-buying fund. What would having your own home mean for you or your family this year?  Let’s talk about it and devise a strategy for success - Brad (602) 679-1025

New Contracts Spike Between $250K-$500K For the Phoenix Metro Area For Buyers   It’s not easy to make predictions, even for just a month or two. Home values typically don’t turn on a dime, so for a shift in supply or demand to have a lasting effect on home values, it must last for more than a few months. When a prediction is made regarding the housing market, it’s based on a level of expectation that current scenarios will continue. However, volatile trends in both the stock and bond markets have been changing by the hour due to abrupt and dramatic global trade negotiations, sending mortgage rates low and then high over the course of just a week. It’s like doing hard turns back and forth on the rudder of a large cargo ship; it’s a bumpy ride, but there’s minimal actual turning until the rudder commits to a position.   Fortunately, or unfortunately, volatility in the housing market has not been new over the last five years. From extremely low mortgage rates, high demand, and astronomical appreciation from 2020-2021 to extremely high mortgage rates, falling demand, and depreciation in 2022 to moderately high mortgage rates, low-but-stable demand, and flat appreciation from 2023-2025, real estate professionals have guided their clients through it all.   Emotions remain high in the news media headlines and consumer sentiment polls, but buyers continue to buy homes based on their personal needs, lifestyle, and financial situation. As of this writing, overall buyer demand in Greater Phoenix is holding steady, just about even with this time last year, with one unexpected spike in new contracts between $250K-$500K in late March. This coincided with a national 6% spike in FHA mortgage applications as qualified buyers took advantage of down-payment assistance and grant funds before regulations change regarding who may utilize them.   Supply continues to rise, putting buyers in a good position during negotiations, and prices remain stable, with the median up only 1.7% from last year. Negotiations are averaging 97.7% of the previous list price, down from 97.8% in April last year, but it varies by price range. Negotiations are still 99% of the list on a $ 300- $ 400 K single-family home and 98.6% for $400K-$500K. On a home listed for $450,000, that’s a $6,300 negotiation to $443,700 on top of another $10,000 in median costs toward seller-paid closing costs. Click here to contact us for your home value For Sellers   One segment of housing demand that does not care for the volatility in the markets is luxury buyers. Listings under contract over $1M have been drifting down for six weeks now as buyers take a pause to wait for some form of certainty to move forward. Despite this recent trend, contract activity remains the third-best Greater Phoenix has ever seen, behind 2022 and 2024. Supply in this price range is also at record levels, offsets the added demand, and keeps prices modest. Phoenix Real Estate Market Update:   ·  11 cities in Greater Phoenix are in very weak seller’s markets : Paradise Valley, Scottsdale, Fountain Hills, Phoenix, Anthem, El Mirage, Glendale, Avondale, Apache Junction, Chandler, Gilbert ·  Four cities are in balanced markets : Cave Creek, Tolleson, Tempe, Mesa ·  14 cities are in buyer’s markets : Peoria, Goodyear, Surprise, Buckeye, Laveen, Sun City, Sun City West, Litchfield Park, Queen Creek, Sun Lakes, Maricopa, Gold Canyon, Arizona City, Casa Grande       A weak seller’s market will not look too different from a balanced market; it only means that price appreciation will be slightly higher than the rate of inflation, which is just 2.4% per the most recent CPI measure. Sellers are constantly testing the top price boundaries for a given, but they are routinely denied in a buyer’s market. This is reflected in the number of price reductions, up 68% compared to last year and at levels not seen since 2022. This is true even in seller’s markets of the Northeast Valley, with price reduction counts not seen since 2017. As a result, very few sellers are “greedy” in their asking prices as they are often lower or even lower than last year’s asking price per square foot. As with any buyer’s market, condition and pricing are top priorities for sellers. In some cases, that may be as simple as neutralizing kid’s room paint or accent walls, or as complicated as a new roof or major repairs before list. * Cromford Market Index™ is a value that provides a short-term forecast for the balance of the market. It is derived from the pending, active, and sold listings trends compared with historical data over the previous four years. Values below 100 indicate a buyer's market, while values above 100 indicate a seller's market. A value of 100 indicates a balanced market Mortgage Market and Economic Update – Week Ending 04/04/2025 It was a wild week, with stock and bond markets moving violently up and down in response to Trump's tariffs, China’s retaliation, and growing recession fears. Let’s take a look.   Global Reciprocal Tariffs Announced   Last week, President Trump announced a new 10% "baseline" tariff on imports and country-specific tariffs set at roughly half the rates those countries charge on US exports. These sweeping new tariffs have created significant market uncertainty, as how other nations will respond remains unclear.   In the short term, the announcement sparked a sharp selloff in stocks, with bonds (including mortgage-backed securities) benefiting from a flight to safety. Given the fluid nature of these ongoing market dynamics, I will continue to monitor developments closely in the days and weeks ahead. March Sees Stronger Job Growth, But With Caveats   March delivered a surprising upside in job growth, with 228,000 new positions added – significantly exceeding the expected 135,000 to 140,000, according to the Bureau of Labor Statistics (BLS). However, this headline figure may be subject to revision in the coming months, as January and February saw downward adjustments totaling 48,000 fewer jobs.   Additionally, a closer look at the March data reveals some underlying weaknesses. The unemployment rate ticked slightly from 4.1% to 4.2%, and average weekly earnings only increased 0.3% from February and 3.2% year-over-year – down from 3.7% in the prior report. Hours worked also remained at 34.2 for a second straight month, just above the lowest level since 2010 outside of the COVID-19 period.   Furthermore, the job gains were also concentrated in specific age groups, with 20-24-year-olds and those 55 and over seeing the most significant increases, while those in the prime earning ages of 25-54 lost 107,000 jobs. What’s the bottom line? While the headline job growth figure was stronger than expected, the March employment report has several essential caveats suggesting underlying weakness in the labor market. Private Payrolls Rebound   In March, the private sector exceeded expectations, adding 155,000 new jobs – well above the forecasted 105,000. Gains were seen across companies of all sizes, with small businesses adding a notable 52,000 positions after several months of weak or negative growth.   While the bulk of hiring occurred in the service sector (+132,000 jobs), there were also positive signs on the goods side, as manufacturing delivered stronger-than-average job gains for the second consecutive month.   Wage growth remained solid, though it dipped slightly for existing employees (from 4.7% to 4.6%). Those changing jobs saw a larger decline (from 6.8% to 6.5%), and the pay premium for job transitions matched a series low at 1.9%, suggesting less poaching and enticement to switch roles.   What’s the bottom line? ADP's chief economist Nela Richardson said, "Despite policy uncertainty and downbeat consumers, the bottom line is this: The March top line number was a good one for the economy and employers of all sizes, if not all sectors."   Job Openings Fall in February   The number of open jobs declined modestly in February, down from 7.76 million in January to 7.57 million, falling short of estimates. The drop was particularly pronounced in the trade, finance, leisure, and hospitality sectors.   The hiring rate (3.4%) and quit rate (2%) remained near decade lows, excluding the COVID-19 period. The low hiring rate poses challenges for the unemployed seeking new roles. In contrast, the soft quit rate indicates diminished confidence in the job market, aligning with ADP data showing lower pay premium incentives for switching jobs.   What’s the bottom line? Job openings continue a downward trend, well below the 2022 peak of 1.2 million. Remote work has also led to posting job listings across multiple states, potentially inflating the JOLTS data and indicating even fewer openings than reported. Additionally, the ratio of job openings to unemployed persons has significantly decreased from over 2 in 2022 to 1.1, another signal of underlying labor market weakness.   Continuing Jobless Claims Reach 3-Year Peak.   Weekly initial jobless claims declined slightly to 219,000, staying low historically. However, the more concerning indicator is the persistent rise in continuing unemployment claims, which increased by 56,000 to reach 1.9 million – the highest level since November 2021.   Additionally, recent data from Challenger, Gray & Christmas showed a 60% surge in job cut announcements in March, reaching 275,240 - the third highest monthly total on record. These cuts were concentrated in the federal government sector. Furthermore, hiring totals in the first quarter were the lowest since 2012.   What’s the bottom line? While new unemployment filings have mostly stayed muted, the elevated continuing claims, surging job cut announcements, and declining hiring collectively point to ongoing challenges in the employment landscape.   Mortgage Market   We can’t manage to keep mortgage rates lower for very long. Something always happens. In this case, it looks like a combination of the risk-off trade (selling stocks to buy bonds, pushing yields lower) reversing & something like a liquidity squeeze prompting investors to sell US treasuries.   Here’s what the Fed Funds Rate futures market is currently pricing for rate cuts. The current Fed Funds Rate policy range is 4.25–4.50%.   May 7 FOMC Meeting: 78% probability that the policy rate will remain at 4.25–4.50% (down from 88% last week)! 22% probability of a 25 bps cut (25 bps = 0.25% = a quarter percentage point) to 4.00–4.25%. June 18 FOMC Meeting: 17% probability that the policy rate will remain at 4.25–4.50% (down big from 34% last week). There is a 66% probability that the policy rate will be 25 bps below the current rate (which implies one rate cut on either May 7 or June 18). 17% probability that rates will be 50 bps below current. Housing Market ICE reports more than 1/4 of major housing markets have pre-pandemic inventory, with 18 running a surplus of 15% or more. ICE also reports slowing home price growth in the majority of markets. Still, 35% of markets show growth rates above their 30-year average. Mortgage demand jumped 20% last week as rates briefly dropped. Purchase apps rose 9% for the week and 24% year over year. Economy Last week's tariff announcement, followed by this week's news of a 90-day pause on some of those tariffs, sent markets into a tailspin. The Consumer Price Index showed cooling inflation in February. Many economists remain concerned about a tariff-induced increase. Minutes from the Fed's last meeting showed concerns about stagflation, a period of slowing economic growth paired with rising inflation. Beautiful weather this Easter weekend

This week’s market update is all about momentum—and it’s moving in favor of buyers. While the shift has been gradual, it’s picking up steam across much of the Greater Phoenix area, and it’s something both buyers and sellers should be paying attention to.   13 Cities Shift Away from Sellers   Over the past month, 13 cities have experienced less favorable conditions for sellers, while only four have seen improvements. Here’s the breakdown:   Top Gainers   Avondale leads with a strong 13% gain Glendale follows with a 4% improvement Surprise shows a 3% uptick Maricopa gained 1%, which is barely noticeable   Biggest Drops Favoring Buyers   Tempe, Scottsdale, Cave Creek, Peoria, and Goodyear have all shifted more substantially toward buyer-friendly territory.   The average monthly CMI* (Cromford Market Index) change is now -3.0 %, up slightly from -2.7 % last week. This continues a softening trend that began two weeks ago.   Current Market Conditions   8 cities remain seller’s markets, but just barely 3 cities are balanced 6 cities are officially buyer’s markets Only Chandler is above a CMI of 120, and it’s clinging to that status   This is a clear signal that the market dynamic is shifting—and it may not be temporary.   Mortgage Rates, Consumer Sentiment, & Other Influencers   There are a few factors contributing to this trend: 10-year treasury yields have dipped below 4%, a hopeful sign for future mortgage rate relief However, 30-year fixed mortgage rates have only declined modestly Consumer confidence is weakening, potentially causing buyers to delay major purchases Foreclosures remain low, but we’re seeing a rise in trustee sale notices and a slow creep in unemployment   These are subtle shifts, but after years of stability, they’re worth watching closely.   What This Means for Buyers & Sellers   For Buyers: There’s a growing window of opportunity. More inventory, softening prices in some areas, and less competition can mean better deals and more negotiating power.   For Sellers, it’s time to be strategic. Proper pricing, presentation, and realistic expectations are critical in this evolving market. Overpricing a home right now could mean it sits on the market longer or needs a price cut.   Bottom Line: The market is softening Buyer opportunities are improving Sellers need to price wise and act quickly   We would love to chat if you’re wondering how this shift affects your neighborhood or next move. Whether you're thinking about buying, selling, or investing, staying up-to-date on the market is crucial. * Cromford Market Index™ is a value that provides a short term forecast for the balance of the market. It is derived from the trends in pending, active and sold listings compared with historical data over the previous four years. Values below 100 indicate a buyer's market, while values above 100 indicate a seller's market. A value of 100 indicates a balanced market. Housing Market Private residential construction spending rose more than expected in February. A mortgage-rate decline boosted single-family homebuilding. Inventory growth helped purchase apps reach their highest level since January. Apps were 2% higher than the prior week and 9% higher year over year. Economy According to the JOLTS report, job openings fell more than expected in February, and Federal government layoffs hit a four-year high. Wednesday's tariff announcement rocked the markets. Stocks sold off, pushing mortgage rates to a monthly low. In March, the service sector grew slowly in 9 months, amid government cuts and business uncertainty over tariffs. It's warming up! Have a great week. I am always available to answer your real estate questions. Contact me at (602) 679-1025 or email me here!

The latest data shows a shift in favor of buyers—but that shift, which had been slowing in recent weeks, is now beginning to accelerate again. Over the past month, 14 cities have seen seller conditions deteriorate, while only four cities have shown improvement. Notably, Cave Creek is no longer in the improving group.   The average change in the Cromford Market Index (CMI)* over the past month is -1.9 %, compared to -1.5 % last week. While the difference is slight, it marks the end of a 4-week trend of deceleration and the beginning of a new phase of market softening.   Tempe and Queen Creek, which includes San Tan Valley, are the fastest-declining markets. All other declining cities saw CMI drops of less than 7%.   As of now: Nine cities remain in seller’s markets, but none are strongly favorable to sellers—all have a CMI below 141. Three cities are balanced, and Five cities are in buyer’s markets, with Maricopa and Buckeye especially favoring buyers.   Avondale and Glendale shifted from balanced markets to very weak seller’s markets, joining Phoenix, Tempe, Fountain Hills, and Gilbert in the soft zone between a CMI of 110 and 120. Only three cities are above 120. Even though we’re typically at the peak of the buying season, supply continues to outpace demand. This is further confirmed by reports from homebuilders, who are experiencing underwhelming sales despite offering elevated incentives.   While the market’s downward trend is not steep, the direction is sliding in favor of buyers. * Cromford Market Index™ provides a short-term forecast for the balance of the market. It is derived from the trends in pending, active, and sold listings compared with historical data over the previous four years. Values below 100 indicate a buyer's market, while values above 100 indicate a seller's market. A value of 100 indicates a balanced market. Phoenix Home Owners - What's Your Home Worth? Mortgage Market and Economic Update – Week Ending 03/21/2025 Economic Uncertainty Grows, But Mortgage Rates Move Lower Concerns about the economy are mounting, with rising tariffs, slower GDP growth, and a weaker stock market contributing to uncertainty. However, there’s some good news—despite the Federal Reserve keeping short-term interest rates steady on March 19, mortgage rates are trending downward. Let’s break it down. Job Openings Rise, But Challenges Remain After a sharp decline in December, job openings rebounded in January, increasing from 7.5 million to 7.7 million—slightly exceeding expectations. Gains were notable in retail and finance, while professional and business services, as well as leisure and hospitality, saw declines. Despite the uptick, key hiring indicators suggest weakness in the job market. The hiring rate (3.4%) and quit rate (2.1%) are near decade lows (excluding the COVID-19 period), signaling a stricter environment for job seekers and a lack of confidence in switching jobs. Job openings remain well below the 2022 peak of 1.2 million, and recent data revisions reduced 2024 job openings by an average of 263,000 per month. Additionally, remote job postings spanning multiple states may inflate job listing numbers, further skewing the outlook. Stubbornly High Continuing Jobless Claims Initial jobless claims dipped by 2,000 to 220,000, staying relatively stable. Meanwhile, continuing jobless claims fell by 27,000 to 1.87 million but have remained above 1.8 million since last June. While new claims remain low, the sustained elevation in continuing claims suggests job seekers struggle to find new employment quickly. Many unemployment benefits last only 26 weeks, so the rise in continuing claims as benefits expire indicates a slower hiring market—aligning with the JOLTS report’s findings on hiring challenges. Inflation Trends in a Positive Direction After a jump in food and energy prices pushed inflation higher in January, February’s data brought a welcome shift. Both headline and core Consumer Price Index (CPI) readings came in lower than expected. Headline CPI rose 0.2% month-over-month, while the annual rate eased from 3% to 2.8%. Core CPI, which excludes food and energy, also increased by 0.2% monthly b ut softened to 3.1% year-over-year, down from 3.3% previously. Featured Listing - Mesa, Arizona Housing Market Although the FHFA said it will not lower conforming loan limits, it has terminated special purpose credit programs. Pending home sales rebounded from a record low in January. Calmer weather and a greater selection of houses provided optimism. Mortgage demand from homebuyers was the strongest in nearly 2 months. Purchase apps rose 1% for the week and 7% over a year ago. Economy Unemployment applications held steady last week, indicating that the labor market remains healthy as companies retain employees. Concerns about tariffs, inflation, and market volatility pushed consumer confidence for the future economy to a 12-year low in March. The fourth-quarter GDP was revised to an annual rate of 2.4%. Continued growth is expected, though tariffs could slow the pace. Lower temps this week for Phoenix and the east valley cities! Have a great week!

Spring brings longer days, blooming flowers, and the perfect excuse to tidy your yard. But what if your neighbor’s tree does more than provide shade? Overgrown branches or invasive roots creeping onto your property can cause frustration and potential damage. So, what are your rights when handling these wayward trees in Phoenix, Arizona? Your Tree is Throwing Shade.....Literally! Understanding Your Rights Arizona law has no one-size-fits-all rule for trimming trees that extend beyond property lines. However, in the key case  Cannon v. Dunn , the Arizona Court of Appeals ruled that property owners have the right to trim branches and cut roots that extend onto their land without prior approval from the neighbor. That being said, there are clear limits: You can only trim up to the property line. You cannot harm, kill, or remove the tree entirely. If you cut beyond your property or cause damage to the tree, your neighbor may have legal grounds to seek compensation. Best Practices for Handling the Issue Before you grab your pruning shears and start cutting away, follow these steps to avoid disputes and ensure you're within your legal rights: 1. Communicate First  – Start with a friendly conversation. Let your neighbor know about the issue, whether it’s branches scraping your roof, roots cracking your pavement, or excessive leaves making a mess. Open dialogue can often lead to a simple, agreeable solution. 2. Put It in Writing  – If a verbal discussion doesn’t resolve the matter, send a polite written notice outlining your concerns. Include a request for action by a specific date and state your intent to trim if necessary. 3. Get Professional Advice  – Consulting an arborist or landscaper can help you determine the best and safest way to trim the branches or roots without harming the tree. A professional opinion can also provide documentation if a dispute arises. * If you need referrals to a licensed arborist in Mesa, Arizona, or surrounding areas, contact us here! 4. Document Everything  – Take clear before-and-after photos of the tree to establish what changes were made. This can serve as proof in case your neighbor challenges your actions. 5. Hire a Professional for the Job  – While Arizona law allows you to trim branches and roots up to your property line, having a licensed arborist or landscaper do the work ensures it’s done correctly, safely, and legally. 6. Consider Legal Action if Necessary —You may have legal options if the issue persists and your neighbor becomes uncooperative. The  Cannon  decision allows homeowners to seek damages or injunctive relief in cases where tree-related disputes cause harm or legal complications. Contact us today for a price on your home! A Neighborly Approach Taking proactive steps and maintaining open communication can help prevent conflicts while keeping your yard in shape. With some planning and consideration, you can handle overgrown trees without harming relationships—or the tree itself. Happy trimming, and get it done before it gets too hot!!! Blog by: Brad Daniels, The East Valley Team at My Home Group! 602-679-1025

The latest data shows a shift in favor of buyers—but that shift, which had been slowing in recent weeks, is now beginning to accelerate again. Over the past month, 14 cities have seen conditions deteriorate for sellers, while only four cities have shown improvement. Notably, Cave Creek is no longer in the improving group.   The average change in the Cromford Market Index (CMI)* over the past month is -1.9%, compared to -1.5% last week. While the difference is slight, it marks the end of a 4-week trend of deceleration and the beginning of a new phase of market softening.   Tempe and Queen Creek, which includes San Tan Valley, are the fastest-declining markets. All other declining cities saw CMI drops of less than 7%.   As of now: Nine cities remain in seller’s markets, but none are strongly favorable to sellers—all have a CMI below 141. Three cities are balanced, and Five cities are in buyer’s markets, with Maricopa and Buckeye especially favoring buyers.   Avondale and Glendale shifted from balanced markets to very weak seller’s markets, joining Phoenix, Tempe, Fountain Hills, and Gilbert in the soft zone between a CMI of 110 and 120. Only three cities are above 120. Even though we’re typically at the peak of the buying season, supply continues to outpace demand. This is further confirmed by reports from homebuilders, who are experiencing underwhelming sales despite offering elevated incentives. Cromford Market Index™ is a value that provides a short-term forecast for the balance of the market. It is derived from the pending, active, and sold listings trends compared with historical data over the previous four years. Values below 100 indicate a buyer's market, while values above 100 indicate a seller's market. A value of 100 indicates a balanced market. Housing Market Existing home sales unexpectedly increased in February as rising supply and falling mortgage rates pulled buyers back into the market. Housing starts were stronger than expected in February, though builders faced persistent labor and buildable lots shortages. Builder confidence fell to a 7-month low in March due to economic uncertainty, tariff threats, and elevated construction costs. Economy The Fed kept its policy rate unchanged at the March meeting. Fed members are expected to cut policy rates twice in 2025. Retail sales were up less than forecast in February, and January was revised downward to mark the most significant drop since July 2021. Initial jobless claims rose slightly last week. Continuing claims also rose, with more people remaining jobless longer than a year ago. How to Pick the Right Movers for Your Arizona Relocation Moving to Arizona? Choosing the right moving company can make all the difference in ensuring a smooth transition. Here’s what to look for when selecting the best movers for your needs. 1. Check Reviews & Recommendations Research online reviews on Google, Yelp, and the Better Business Bureau (BBB). Ask friends, family, or your real estate agent for trusted recommendations. 2. Verify Licensing & Insurance Ensure the movers are licensed and insured. Interstate movers should have a U.S. DOT number , while Arizona-based movers must be registered with the Arizona Corporation Commission . 3. Get Multiple Quotes Request at least three in-home or virtual estimates. Be cautious of quotes that seem too good to be true—they often are! A reputable mover provides a detailed breakdown of costs. Brad’s #1 Tip:  Many moving companies offer quotes over the phone or via Zoom, but I’ve found that these estimates often increase on moving day. The most accurate quotes come from companies that send a representative to assess your furniture and belongings in person. This ensures transparency and helps avoid unexpected costs. 4. Understand the Contract Read the fine print! Confirm if the estimate is binding (fixed price)  or non-binding (subject to change) . Ask about additional fees for stairs, long carries, or special packing. 5. Ask About Experience in Arizona Moves Arizona’s climate and terrain require special considerations, like heat-sensitive packing and navigating desert roads. Movers experienced in the area will handle your belongings with care. 6. Inquire About Storage Options If your new home isn’t ready immediately, see if the movers offer short-term or long-term storage solutions  to keep your belongings safe. 7. Look for Added Services Some companies offer packing, unpacking, and furniture assembly , which is worth considering if you want a hands-off move. Final Tip: Trust Your Instincts Move on if a company seems shady or pressures you into a quick decision. A trustworthy mover will be transparent and professional from start to finish. Do you need recommendations for reliable movers in Arizona? Feel free to contact me—I’m happy to help make your relocation as seamless as possible! The valley weather is heating up quickly! It may be a good time to call your HVAC professional and get your units checked and serviced.

Circular Sun House, Phoenix, Arizona Frank Lloyd Wright Circular Sun House for sale in Phoenix, Arizona. Frank Lloyd Wright’s final residential masterpiece, the Circular Sun House, is currently available for discerning buyers seeking a unique blend of architectural brilliance and natural harmony. Designed in 1959 for Norman Lykes, this iconic home was completed in 1967 by Wright’s apprentice, John Rattenbury. Nestled on a 1.3-acre hillside lot at 6836 N 36th St, Phoenix, AZ 85018, the property offers panoramic views of the Palm Canyon and the surrounding desert landscape. Interior Family Room As one of only 14 circular homes designed by Wright, the Circular Sun House exemplifies his innovative approach to organic architecture. The 3,095-square-foot residence features three bedrooms and three bathrooms, seamlessly integrating indoor and outdoor spaces to harmonize with the environment's natural contours. Wright’s signature use of curved hallways, custom-built Philippine mahogany cabinetry, and expansive windows allows for abundant natural light and unobstructed views, creating a living experience that is both aesthetically pleasing and functionally efficient. Balcony view Unique Features • Custom Built-Ins : The residence boasts built-in furniture designed to complement its circular aesthetic, providing both beauty and practicality. • Outdoor Living : A circular swimming pool lined with mother-of-pearl offers a luxurious space for relaxation, while multiple terraces and patios provide ideal settings for entertaining against the backdrop of stunning desert vistas.  The pool was not part of the original design but was added by a subsequent owner after Norman Lykes sold the house.  • Private Spaces : The master suite includes an adjacent balcony, allowing for private enjoyment of the surrounding natural beauty. Kitchen Current Listing The Circular Sun House is currently listed at $8.95 million, reflecting its architectural pedigree and unique design. The property has been meticulously maintained to preserve Wright’s original vision while accommodating modern living standards. Assistance for Potential Buyers I can provide comprehensive assistance throughout the purchasing process for those captivated by this extraordinary property. My services include: • Personalized Tours : Arrange private viewings to experience the home’s unique features and ambiance firsthand. • Market Analysis : Provide detailed insights into the current luxury real estate market to inform your investment decision. • Negotiation Expertise : Utilize my experience to navigate the complexities of acquiring a historically significant property. Contact Brad Daniels for showings: (602) 679-1025 or email me here Owning the Circular Sun House is not just about acquiring a residence; it’s about becoming a steward of architectural history. If this exceptional home resonates with your aspirations, I invite you to contact me to explore this opportunity further. Additional information and Photos: Here Please note: All information is based on current listings and may be subject to change. Listing courtesy of Realty One Group, Deanna Peters

It’s a Buyer’s Market. Why aren’t prices crashing? For Buyers Phoenix has been in a buyer’s market for three of the past four months, and as of this writing, that trend continues into March. Some buyers might be surprised that home prices haven’t declined yet—the median price is up 4.3% year-over-year. However, price shifts typically take 3–6 months to reflect market changes, as the shift needs to be sustained for at least a season before impacting pricing. Why does it take so long? One key reason is the time it takes to complete a sale. First, a home is listed, often spending about 30 days on the market before going under contract. Then, after another 30–45 days in escrow, the final sale price is recorded. At least two additional months of data are needed to establish a trend. In contrast, stocks can be bought and sold instantly, making them far more volatile. This is only the fourth buyer’s market in Greater Phoenix over the past 25 years. The one from 2006–2008 was particularly severe, leaving lasting concerns among those who experienced it. Because that housing crash coincided with the Great Recession, some fear home values could crash if another recession occurs. However, history suggests otherwise—home prices typically flatten or see slow growth during recessions rather than plummeting. Demand often increases as mortgage rates decline. Current indicators suggest that if supply rises, home prices may decrease in the coming months, but more like a gradual dip rather than a dramatic crash. Most price ranges currently see 1–2% appreciation year-over-year, below the inflation rate. However, not all segments are behaving the same way. Condos and townhomes under $400K have seen the steepest declines, down 4.2% so far this month, while homes priced between $1M—$1.5M are experiencing the strongest growth at +5.5%. Under these conditions, even a tiny drop in mortgage rates could significantly impact a buyer’s purchasing power. For Sellers Today’s buyer’s market isn’t the result of falling demand. The Cromford® Demand Index  is currently rising. Instead, the increase in supply is creating challenges for sellers. So far this year, the Arizona Regional MLS has recorded more new listings than in the past four years, resulting in the highest active listing count since 2015. While demand is improving, it’s not enough to absorb the surge in inventory. As a result, price reductions have jumped 58% compared to last year, and buyers are negotiating more aggressively—even for move-in-ready homes. Sellers are also being more realistic with pricing. The average list price per square foot is mostly within 1% of last year. Still, competition pushes some sellers to go the extra mile—whether by staging vacant homes, updating appliances, or making cosmetic improvements like neutralizing paint. Negotiations are a bit tougher once an offer is secured than last year. For homes under $1M, final sale prices are averaging 98.3% of the previous list price , down slightly from 98.6%  last year. On a $500,000 home, that equates to a $8,500 price reduction  compared to $7,000  last year. For homes over $1M, final sale prices are averaging 95.4% of the previous list price , down from 96.4% —meaning a $46,000 price reduction  on a $1M home compared to $36,000  last year. Some good news for sellers: mortgage rates have been declining  since their January peak of 7.26%  and are currently averaging 6.78%  (per Mortgage News Daily). Recent economic uncertainty, potential tariffs, and government downsizing have caused investors to shift money into more stable assets like bonds, which has lowered the 10-year Treasury yield, which is closely tied to 30-year mortgage rates. If rates drop below 6.5% , the market will likely become more favorable for sellers. Tina Tamboer, Senior Housing Analyst with The Cromford Report ©2025 Cromford Associates LLC and Tamboer Consulting LLC Housing Market Lennar and Icon, a 3D technology company, partnered to 3D print 100 homes in Georgetown, Texas. About 75% of them have already sold. Though rates were no longer falling, total mortgage apps jumped 11% last week. Purchase apps rose 7% for the week and 4% year over year. Pending home sales ticked up for the week but were slightly lower than a year ago. Unsold inventory is up 28% nationwide from last year. Economy After rising in January, wholesale prices remained unchanged in February. Markets are concerned tariffs may lead to future increases. The CPI showed slowing inflation in February. The drop-off is not expected to trigger policy rate cuts at next week's Fed meeting. Job openings rose to 7.74 million in January, signaling employer optimism amid ongoing labor market concerns. Relocating to Arizona? Here are ten key pointers for anyone relocating to Arizona from out of state from relocation specialist Brad Daniels. 1. Understanding Arizona’s Climate • Arizona is known for its hot summers and mild winters. Be prepared for triple-digit temperatures in the summer, and invest in good air conditioning. • Monsoon season (June–September) can bring heavy rains and dust storms (haboobs), so familiarize yourself with safety measures. 2. Cost of Living & Housing • Arizona offers a lower living cost than states like California, but prices have risen in recent years. Research property taxes, HOA fees, and utility costs. • If you’re moving from a humid climate, be aware that evaporative cooling is less effective, and you’ll likely rely on air conditioning year-round. 3. Choosing the Right Area • Phoenix Metro : Offers urban and suburban living, with cities like Scottsdale, Gilbert, and Chandler providing excellent schools and amenities. • Tucson : A more laid-back atmosphere with a strong university presence. • Northern Arizona : Flagstaff and Prescott provide cooler temperatures and mountainous landscapes. 4. Employment & Job Market • Key industries include healthcare, technology, education, and aerospace. Many companies have relocated here due to Arizona’s business-friendly environment. • Remote work is popular, but check internet provider options in your area, as some rural parts have limited connectivity. 5. Transportation & Commuting • Arizona is car-dependent, especially in the Phoenix area, where public transportation is limited. Consider commute times and traffic patterns when choosing a home. • If moving to a desert or rural area, a vehicle with good air conditioning and reliable tires is essential. 6. Taxes & Financial Considerations • Arizona has a lower income tax than states like California, making it an attractive destination for retirees and remote workers. • No tax on Social Security benefits, which is beneficial for retirees. 7. Utilities & Water Usage • Water conservation is a significant concern in Arizona. Be mindful of usage and consider xeriscaping (low-water landscaping). • APS and SRP are the two primary electric providers in the Phoenix area, and summer electric bills can be high—look into energy-efficient home options. 8. Lifestyle & Recreation • Arizona offers incredible outdoor activities, from hiking in the Superstition Mountains to boating in Lake Pleasant. • The state has a strong sports culture, with major teams in football (Cardinals), basketball (Suns), and baseball (Diamondbacks). 9. Schools & Education • Arizona has a mix of public, charter, and private schools, with charter schools being a popular choice. Research local school ratings if moving with kids. • Higher education options include Arizona State University (ASU), University of Arizona (UofA), and Northern Arizona University (NAU). 10. Getting Settled • Register your vehicle with the Arizona MVD within 30 days of moving. Arizona does require emissions testing in some counties. • Update your driver’s license and consider getting an Arizona Real ID if you plan to fly domestically. East Valley Weather - Get prepared for great weather! Happy St. Patrick's Day

The Phoenix real estate market has recently displayed a shift that increasingly favors buyers, although the magnitude of change shows signs of slowing. Here's an in-depth look at the latest trends and figures defining the current landscape. Phoenix housing market ✅ Phoenix real estate trends ✅ Arizona real estate market Cromford Market Index (CMI)*: Over the last month, we've observed deteriorations in 13 cities for sellers, while improvements have been noted in twice as many cities as the previous week. Notably, Buckeye and Maricopa have shown positive trends alongside Cave Creek, with Avondale replacing Goodyear in this cohort. Of these, three cities have recorded improvements exceeding 5%. The average change in CMI for the past month stands at -2.3%, a lesser decline compared to -5.2% observed last week, indicating a continuation of the recent trend in the Phoenix and surrounding areas. Contact us for a price on your home! Interest Rates and Mortgage Trends: The yield on the 10-year Treasury Bond dropped from around 4.8% in mid-January to just below 4.2% in early March. This reduction offers potential relief for mortgage rates, which have previously soared above 7%, ranging between 6.7% and 6.8%. Local Market Dynamics: The fastest decline was observed in Queen Creek, which includes the expansive San Tan Valley area. Currently, eight cities are categorized as seller's markets, four as balanced, and five as buyer's markets, maintaining the same distribution as last week. Although new listings continue to outpace demand, the excess has reduced compared to earlier this year. Transaction Insights for Maricopa County (January): - Closed Transactions:  6,000, a slight increase from February's 5,933 and an 18% rise from January. -  Closed New Homes:  Down to 1,283, a decrease of 4.6% from February but a 13% increase year-over-year. - Closed Resale Transactions:  Increased to 4,717, up 2.8% from February and 20% from January. Median Sales Prices: The overall median sales price was $488,613 in February, a 4.6% increase from the previous year and a 0.7% rise from January. New home median prices were at $530,000, down from January by 2.7% but up 2.7% year-over-year. Resale homes saw a median price of $470,000, a 4.4% increase from last year and 2.2% from January. Additional Considerations: Given the difference in the number of working days between February 2024 and 2025 (20 in 2025 vs. 21 in 2024), we should adjust our interpretation of the closing numbers accordingly, estimating an increase of about 5% to align with 2024's data.   Overall, the market's resilience is evident at the top end, although mid-range volumes have recovered from earlier lows. The share of new homes has slightly declined to 21.4% from 22.7% a year ago.   These insights will help us understand current trends and adjust our strategies accordingly. *Cromford Market Index™ is a value that provides a short term forecast for the balance of the market. It is derived from the pending, active, and sold listings trends compared with historical data over the previous four years. Values below 100 indicate a buyer's market, while values above 100 indicate a seller's market. A value of 100 indicates a balanced market. Between the on-again-off-again tariffs, the weak ADP job growth in February 2025, and the Atlanta Fed's GDPNow model calling for a contraction in 1Q 2025, there's been a lot of bad news and uncertainty over the last week. But much of that was good news for mortgage rates.   As a result, the "risk-off" trade has continued, with money piling out of stocks and into "haven" assets like bonds and gold. Higher bond prices (mathematically) mean lower yields, and lower MBS (Mortgage Backed Securities) yields have helped average mortgage rates move lower.   Here's what the Fed Funds Rate futures market is currently pricing for rate cuts. The market expects the Fed to stay on hold on March 19, but the odds of rate cuts on May 7 and June 18 have risen significantly over the last few weeks.   The current Fed Funds Rate policy range is 4.25–4.50%.   March 19 FOMC Meeting:  93% probability that the policy rate will remain at 4.25–4.50% (down from 95% last week). In other words, that the Fed will stay on pause.   May 7 FOMC Meeting:  54% probability that the policy rate will remain at 4.25–4.50% (way down from 73% last week). 42% probability of a 25 bps cut (25 bps = 0.25% = a quarter percentage point) to 4.00–4.25%.   June 18 FOMC Meeting:  16% probability that the policy rate will remain at 4.25–4.50% (down from 30% last week). 51% probability that the policy rate will be 25 bps below current (which implies one rate cut on either May 7 or June 18). 31% probability that rates will be 50 bps below current (was 16%) last week. Housing Market Single-family construction spending rose 0.6% in January. Overall spending, including for multifamily and home improvements, fell by 0.4% New apartment construction hit a record high last year. Developers completed almost 600K multifamily units, according to the U.S. Census. Falling mortgage rates lit a fire under demand last week. Mortgage applications jumped 20%, the first increase in 3 weeks. Economy The Fed's most recent Beige Book showed a mixed employment picture and slight rise in economic activity since mid-January. Unemployment applications fell more than expected last week, indicating the labor market remained stable in February. Payroll processing firm ADP reported private companies added just 77K new workers in January, well below the 148K consensus estimate. Sustainable Spaces: Landscaping Homeowners take on outdoor projects for many reasons: curb appeal, resale value and the simple pleasure of having beautiful landscaping. Consumers report a "joy score" of 9.7 out of 10 after upgrading their landscaping, according to a 2023 report from the National Association of REALTORS®. Real estate professionals continue to report that clients are more interested in sustainability. When considering sustainability as a selling point, thinking of energy-efficient appliances or low-VOC paint is natural. But landscaping can be sustainable as well. With 92% of REALTORS® recommending a curb appeal boost for sellers, why not increase the attractiveness to buyers by making that curb appeal eco-friendly, too? The Value of Greener Landscaping According to the Arbor Day Foundation's 2024 Canopy Report, four in 10 Americans say they chose their home location based on access to green spaces. Imagine the appeal to potential buyers when a listing's backyard has a beautiful, low-maintenance green space. Eco-friendly landscaping helps reduce maintenance and conserve resources. That's a win for buyers interested in a beautiful lawn with less work and buyers who care about sustainable living. Homes with thoughtfully planned sustainable landscaping offer several selling points: Almost all landscaping overhauls, sustainable or not, improve curb appeal. Sustainable landscaping boosts potential buyers' perception of the property. It also reduces the need for water, lowering water bills. It also helps reduce the time spent on yard work, increasing available leisure time. 7 Sustainable Landscaping Ideas These eco-friendly landscaping ideas can boost curb appeal and homeowner satisfaction. They may also increase homes' resale value before they go on the market. Think 'drought tolerant' "A low-maintenance landscape is a selling point for potential buyers," says Corey Chetcuti, a designer and project director at Freemodel in Sacramento, Calif. "To help conserve water, a drought-tolerant [or] low-water landscape is necessary." Drought-tolerant landscaping requires less watering and thrives even during long, dry summers. The best drought-tolerant plant choices for homeowners vary by location. For example, a drought-tolerant landscaping project in California might include agave, sagebrush and bougainvillea. Drought-tolerant lawns in Colorado, however, might feature lavender, silver sage and white fir. Plant more trees Homeowners interested in lowering their carbon footprint should consider planting more trees. According to the Sierra Club , prominent, mature trees have excellent carbon-capturing capability. Real estate professionals should point this out when showing a house with mature landscaping to sustainability-minded buyers. In regions with long, hot summers, large trees also keep the outdoor space cool and livable. Select native plants The National Wildlife Federation suggests aiming for 70% native plants in any lawn or landscaping overhaul. Native plants grow naturally in a specific region and help attract and benefit local birds, butterflies, and wildlife. They also tend to be low-maintenance. Since they were planted where they naturally bloom, they don't need much help to bloom where they're planted. Consider a "no mow" lawn seed mix. Homeowners who want a grassy lawn can still reduce mowing to once every two to three weeks by planting a "low/slow grow seed mix," says Susan Cohan, an award-winning professional landscape designer based in New Jersey. The best slow-growing grass seed for each homeowner depends on their location, so it's a good idea to seek advice from a local garden center. While "no mow" grass does not exist, a slow-growing grass seed mix can dramatically reduce yard maintenance. It also reduces the gasoline or electricity used to mow the lawn. Swap out mulch for ground cover. "Don't over-mulch trees and shrubs," says Cohan. "Try a ground cover instead." Ground cover refers to any low plant that grows over a large area. Like mulch, it helps keep the soil moist and reduces the possibility of soil erosion. But unlike mulch, ground cover is very low-maintenance and can often nearly sustain itself. It grows year after year without needing to be replaced. Plant produce According to Ashley Irene, the founder of Heirloom Potager, a boutique landscape design firm in Southern California, homeowners committed to sustainable living can take their landscaping to the next level by using compost to grow nutrient-rich vegetables and herbs. Raised garden beds to create a potager or small kitchen garden offer homeowners a delicious reward for their efforts while also reducing the need for mowing. Opt for local, sustainable materials. "Homeowners can also improve their environmental stewardship by using locally sourced materials for pathways and raised bed construction," Irene says. Landscaping often includes walkways, water features, firepits, pergolas and more. Homeowners interested in sustainability should ditch the concrete and build hardscapes made from reclaimed wood, natural stone, sand or products made from recycled materials. Content by Leandra Beabout : The Full Article is Here Valley Weather - Phoenix Arizona 3-10-25 to 10-17-2025 Have a great week!

Another Week Reporting a Swing in Favor of Buyers The table is yet again reporting a swing in favor of buyers, and that's great news for my clients who are relocating from all over the country. We have 15 cities that have deteriorated for sellers over the last month. We only have two cities that have improved over the past month, Goodyear and Cave Creek, although this time a more significant percentage has enhanced Cave Creek. The average change in Cromford Market Index (CMI)* over the past month is -5.2% while last week we saw -7.5%. This continues the trend we saw last week in which the trend in favor of buyers is starting to slow down. This has probably been influenced by a decline in mortgage rates over the past week.   The fastest decliners are Tempe down 11%, with Peoria and Chandler down 10%. The declines are generally milder than we saw last week. Eight cities are still seller's markets, four are balanced, and five are buyer's markets. This is a slight improvement because Cave Creek has moved from balance to a seller's market, even if only by a tiny margin.   The supply of active listings without a contract is growing, but only 1.4% during the past week. This is slower than last month when we saw an increase of 2.0%. The contract ratio has increased to 38, which is low, but up from 37 last week. This time last year it stood at 55 but had trouble breaking above this level. Relocating to Arizona? Discover available homes and valuable information here *Cromford Market Index™ is a value that provides a short term forecast for the balance of the market. It is derived from the past four years' pending, active, and sold listings trends compared with historical data. Values below 100 indicate a buyer's market, while values above 100 indicate a seller's market. A value of 100 indicates a balanced market. Still Waiting for Lower Mortgage Rates? Mortgage Rate Projections You should know that experts predict mortgage rates will settle around 6.5% by year-end, meaning they may not drop as much as you’d hoped. If you need to move, there’s no need to wait—there are ways to make homeownership more affordable now. Options like buydowns, adjustable-rate mortgages, and assumable loans can help. Let’s connect, and I’ll introduce you to a top-notch lender! Freddie Mac Primary Mortgage Survey Housing Market At the end of January, there were 1.18 million homes for sale, an increase of 3.5 percent from December and 17 percent from January 2024. The median price of a home sold in January was $369,900, up 4.8% from the previous year and the highest price ever. Sales of previously owned homes fell 4.9% in January but were 2% higher than in January 2024. Economy The minutes from last month's Fed meeting showed that officials wanted to maintain policy rates despite stubborn inflation and economic uncertainty. Mortgage rates have held steady to begin the year as inflation fears and concerns over a surge in debt issuance have failed to materialize. Valley Weather - Get your umbrella ready East Valley Weather

Tustin Ranch Aerial View: Greenfield and Pecos Exciting news for homebuyers in Gilbert, Arizona! Tustin Ranch, a brand-new gated community, is coming soon to the southwest corner of Greenfield and Pecos Roads. Developed by Tri Pointe Homes in partnership with Kimley-Horn, this highly anticipated neighborhood offers a perfect blend of luxury, open space, and convenience. Spacious Homes and Thoughtful Design Tustin Ranch will feature 76 single-story, single-family homes on generously sized lots ranging from 10,800 to over 15,000 square feet. Designed with comfort and privacy, these homes will cater to various lifestyles, making them ideal for families, retirees, and anyone looking for a high-quality living experience in Gilbert. A Focus on Community and Outdoor Living One of the standout features of Tustin Ranch is its commitment to open space and outdoor amenities. Over 7.4 acres—nearly 18.5% of the community—will be dedicated to green spaces, surpassing the town’s 10% requirement. Residents can look forward to: Walking trails for morning strolls and evening jogs A half basketball court for recreational play Ramadas with picnic tables and BBQ grills for gatherings Fire pits for cozy nights with friends and family A playground with swings and a spacious turf play area for children Prime Location with Easy Access Tustin Ranch boasts a prime location near some of Gilbert’s most popular attractions. Discovery District Park is just to the north, while the Gilbert Temple is conveniently located to the east. With easy access to the Loop 202 freeway, residents will enjoy quick connections to nearby shopping, dining, and entertainment options throughout the East Valley. A Development Rooted in Community Feedback The project recently received approval from the Gilbert Town Council for a minor general plan amendment and zoning changes, transitioning the land from commercial and office use to residential. Developers incorporated valuable community feedback throughout the planning process, leading to design enhancements such as larger lot depths, single-story home restrictions, and improved landscaping, which created a more visually appealing and livable neighborhood. What’s Next for Tustin Ranch? As of early 2025, development is underway, with more details on home availability, pricing, and pre-sales expected soon. If you want to make Tustin Ranch your future home, watch for upcoming updates! Stay tuned for more information on this exciting new community in Gilbert, and feel free to reach out if you’d like to explore real estate opportunities in the area! Tustin Ranch cross streets - Gilbert