Biggest Buyer Discounts Since 2019? What’s Really Happening in the Phoenix Housing Market

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Homebuyers are scoring the biggest autumn discounts since 2019 — but does that apply to Phoenix? In this week’s housing market update, we’re breaking down what’s really happening both nationally and locally in the Phoenix metro area. We're discussing:

How much buyers are negotiating off list price right now

Which Phoenix cities are still favoring sellers

What’s driving this shift toward a buyer’s market

The latest data on mortgage rates and what experts forecast for 2026

How the ongoing government shutdown could impact housing

The Phoenix market looks very different depending on where you live — Fountain Hills and Scottsdale are holding strong, while Peoria and Maricopa are softening fast.