#phoenix-market

#phoenix-market

The last Rienda release concentrates on three all-age neighborhoods scheduled to grand open in fall 2026: Sunflower by Trumark Homes, Indigo by Lennar, and Primrose by Shea Homes, each offering a range of family-oriented home designs.

Active listings jumped 32.9% year-over-year to 1,446 homes in February - nearly four times the national growth rate of 7.9%. New listings also ticked up 3.8% compared to a year ago.

The supply side factor is, I would say, by far the biggest difference between San Francisco and Austin. Austin is just building a ton, and really, I would say setting kind of a good example for growing in a way that actually meets increasing demand.

We wanted to create an AI-powered operating system that could be there from the moment of reaching out to find the right customers through to when we close on the sale of a home to a consumer. AI has been able to take out 10 years of data and the tens of thousands of homes we have viewed and living rooms we have been in and help us do everything from find out which consumers are more likely to engage with us to what product is going to work for them and even what renovations we may need to do on a property.

Beneath those headline numbers lies a more important strategic message for homebuilding leaders navigating 2026's high-rate, high-price, high-uncertainty environment: This is a year to decide not only what to lean into but what to step away from. Less than a decade ago, Taylor Morrison deliberately expanded its geographic footprint and product mix to compete across both discretionary move-up buyers and the entry-level, first-time segment. That diversification helped power years of growth. Now, management is signaling a pivot back toward core strengths.

During the pandemic housing boom, we saw red-hot housing demand quickly absorb much of the available slack in the housing market. Back in 2021, active housing inventory for sale, unsold completed new builds, and available lot supply all plunged to historic lows. But ever since the pandemic housing boom fizzled out in mid-2022, housing slack has been building back up in the housing market-especially in certain pockets of the Sun Belt.

In December, El Paso experienced an impressive surge in its active listing count, reaching 2,355 properties. This represented a substantial year-over-year growth of 15.7%, well ahead of the national inventory growth rate of 12.1%. With 562 newly listed homes, marking a 17.6% increase from the previous year, sellers showcased their enthusiasm to join the market. This robust influx of new listings, combined with the rise in active listings, underscored a unique opportunity for sellers to capture buyer interest.

In May, home prices rose moderately from the month before, with a median listing price of $268,500. The number of listings on the market grew 12.9%, which is a bigger increase than normal for this time of the year in Indianapolis, and homes are also selling slower than at the same time last year. Home prices in Indianapolis Typically, home price per square foot in Indianapolis tend to rise in May.