The Brief

PHOENIX - It's been a rough three years for Arizona real estate. Prices are down nearly seven to eight percent since the peak in July 2022.

So will things bounce back in 2026, or will it be more of the same?

Local perspective:

The Desert Ridge Improve is the site of today's housing market forum.

Arizona real estate is no joke and has been lagging lately, but things may finally be looking up.

That's one reason Phil Sexton, a real estate agent, is smiling.

"The problem with me is I've been optimistic every year," Sexton said. "And the fact that I'm continuing to be optimistic, I think that we've had a rough. I don't see this getting worse. I actually see it getting better and that gives me hope."

Dig deeper:

This get-together isn't only for agents; property managers are

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