Author: Denise McGuire
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Cheaper Mortgages Won’t Fix US Housing
Federal housing policy long favored cheaper financing, but the new law signaled a shift toward easing construction, streamlining reviews, and supporting more homebuilding.
The core issue was supply: when too few homes exist where demand is strongest, limiting certain buyers can change ownership, but not create homes.
The law's most consequential steps encouraged manufactured housing, rewarded communities that build more homes, and reduced barriers that can make new construction slow or costly.
The analysis found cheaper mortgage credit tends to increase borrowing and lift house prices more than homeownership, especially where zoning and permitting constrain building.
Congress began bridging competing priorities, but the central takeaway remained clear: expanding housing supply, not subsidizing every bidder, offers the stronger affordability path. -
Arizona’s housing market shifts in buyers’ favor
As someone who's called Arizona home for decades, I’ve seen the housing market shift through every season. Right now, buyers have a bit more breathing room, with median home prices settling around $443,611 and interest rates at 6.75%. It’s not uncommon to see price cuts or sellers offering concessions these days. While prices haven’t returned to the highs of the COVID boom, they’re still 46% above 2020 levels. Much of the current housing shortage comes from slow government approvals. I’m always here to help neighbors navigate these changes—your experience matters to me, and I believe in making it as smooth as possible.
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Payson Market Trends: More Choices, Smarter Moves
Payson’s real estate market is showing a mix of momentum and opportunity. The median sale price reached $500,749, while inventory increased 8.6% year over year, giving buyers more selection and room to evaluate their options. At the same time, homes spent a median of 107 days on the market, highlighting the importance of realistic pricing, strong presentation, and patience for sellers. Whether you are buying, selling, or simply tracking local values, understanding these trends can help you make a confident next move. Contact a local Payson real estate professional for guidance tailored to your goals.
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