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01 Oct, 2026

Despite surging mortgage interest rates, the total number of Metro Phoenix Area new home sales increased by 2% in September.

Pulse subscribers can expect the latest Submarket and Metro level data and forecast in the October 2026 Pulse publication next week. StreetSmarts subscribers can download the latest community level sales figures now!

25 Sep, 2026

Potential homebuyers are being inundated with news of rising bond rates and mortgage rates. Do they know that nearly EVERY Metro Phoenix Area homebuilder is buying down rates for buyers today?


You can see the effect of rising rates in incentives. August data is revealing. The average inventory home incentive was $60,715 (it is even higher today, as we will report in our early October Pulse report), up 25% from March. The value of the incentives is not higher because builders are offering more. The rate is higher because the cost of buying the market rate down grows when market rates rise.


Builders are enabling more buyers to purchase, making home payment more affordable, by prepaying interest for homebuyers.

28 Apr, 2026

Sales? What Sales?? Recent field data is revealing. The average net new home sales rate over the last two months (thru yesterday) reflects builders have sold just 3.1 homes monthly- only slightly more than the monthly rate of sales (2.8) since the inception of each of the 540 Metro Phoenix Area communities open for sales. The rate should be higher- much higher- in the Spring.


The environment is tough this year, as was outlined in Belfiore Analytic's latest Pulse publication. Contact Jim or Jeff for your complimentary copy.

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When we say "Know your Market" we mean it

CEO and Founder Jim Belfiore has been a researcher all of his life, digging deeper to discover the why, how, where, who, and what. Jim's mantra, harkening back to his early underwriting days as a landbanker, is "To know what's going on in the streets, you need to be in the streets".

In housing analytics terms, this means to really understand the housing market, one must get out from behind the desk- go out, visit communities to see and hear what is happening. We do this so that we can deliver quality information. We are the housing market experts.

Jim and his Team spend most of their time in the field, talking with new home salespeople, leasing agents, division personnel at all levels, debt, and equity lenders, investors, brokers, engineers, attorneys, and municipal leaders.

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