As they stabilize, this is encouraging. PHOENIX 2025 could be a good year to buy a home in Arizona. Trevor Halpern, CEO of Halpern Residential, said that home prices and interest rates have risen significantly since the pandemic, but he believes the market is a little more balanced for buyers this year. Rising mortgage rates have slowed growth, and prices have even fallen in some places.
However, some areas are still experiencing price increases compared to the previous year.