Phoenix Real Estate News
Phoenix
U.S. Home-Flipping Profits Sink to Lowest Level Since 2008 Financial Crisis as Costs Climb
Home flippers in the U.S. are seeing profits evaporate to levels not seen since the financial crisis, as surging acquisition costs squeeze margins even in traditionally hot markets.
Homebuilder Sentiment Holds Steady in U.S. as Rate-Cut Bets Lift Outlook
U.S. homebuilders grew more optimistic about future sales even as overall confidence in the new-home market held flat in September, with easing mortgage rates and expectations of imminent Federal Reserve rate cuts offering a glimmer of relief for a sluggish sector.
U.S. Mortgage Delinquencies Uptick in June Amid Regional Pressures
Mortgage delinquencies in the U.S. edged slightly higher in June, driven by localized pressure points, though national levels remain historically low, according to new data from Cotality, a leading property information and analytics provider.
California, Florida Top U.S. Housing Markets Most at Risk of Downturn
U.S. housing markets most vulnerable to downturns this summer were concentrated in California, Florida, New Jersey, and Louisiana, according to ATTOM's second-quarter 2025 Housing Risk Report.
