The market moves, developments, rates, and events our team tracks daily across the three regions we know best: Scottsdale and the Northeast Valley, the greater Phoenix metro, and Sedona and the Verde Valley. Curated by the same desk that manages properties in all three — because news reads differently when you operate in the market it describes.
Scottsdale & the Northeast Valley
July 8, 2026 · scottsdaleaz.gov
Axon's North Scottsdale headquarters campus approved
About 5,500 projected jobs at an average $135K salary, plus roughly 1,200 housing units, a hotel, and commercial space at Hayden Road and the Loop 101.
July 25, 2026 · redfin.com
Scottsdale median sale price reaches ~$954K, up 9.1% year-over-year
Scottsdale remains the only major Valley city with rising prices and flat rents — the metro's premium submarket by a wide margin.
August 10, 2026 · azreia.org
AZREIA Phoenix Monthly Meeting set for August 10
Investor networking, a market update and a business trade show at Venue 8600 in Scottsdale, with presentations on the Phoenix and Tucson markets.
Phoenix Metro
July 16, 2026 · azcommerce.com
TSMC adds $100B — total Arizona commitment reaches $265B
Four more advanced fabs planned for north Phoenix, bringing the roadmap to ten fabs plus packaging and R&D — the largest industrial investment in U.S. history.
August 3, 2026 · azbigmedia.com
Sellers cut home prices as Arizona housing market cools
Phoenix-area sellers are trimming asking prices as summer demand softens, even as buyer interest holds steady.
August 3, 2026 · azbigmedia.com
Phoenix office vacancy declines for third straight quarter
Tenants are returning to premium office space as market fundamentals keep improving — a tailwind for commercial owners.
August 3, 2026 · azbigmedia.com
CBRE arranges $52.4 million sale of Avia 266 apartments in Mesa
The 267-unit multifamily community changed hands in one of the Valley's larger recent trades — continued investor appetite for Arizona multifamily.
July 27, 2026 · apartmentlist.com
Metro Phoenix officially renter-friendly: median rent ~$1,350, vacancy near 8%
New supply keeps pushing concessions and choice for tenants — an operator's market where management quality decides owner returns.
Sedona & the Verde Valley
July 20, 2026 · kjzz.org
Short-term rentals now an estimated 30%+ of Sedona's housing stock
Sedona's rental economy remains unlike anywhere else in Arizona, keeping the STR-vs-long-term decision central for Verde Valley owners.
July 25, 2026 · redfin.com
Sedona long-term rentals average around $2,000 a month
Long-term rates hold firm against a deep visitor economy — and regulation keeps nudging some owners from nightly to yearly.
Statewide
August 1, 2026 · npr.org
Colorado River water-cut framework threatens up to 40% reductions through 2036
Interior's plan puts Arizona, California and Nevada in line for steep cuts; state leaders counter with roughly 20% voluntary cutbacks — water stays central to growth and development.
July 30, 2026 · freddiemac.com
Freddie Mac 30-year mortgage rate holds at 6.66%
The 30-year fixed remains at an 11-month high; the 15-year holds at 6.04% heading into the next weekly reading.