"In fact, President Donald Trump recently put pressure on large homebuilders to increase construction nationwide. In a post on his Truth Social platform in early October, he accused major builders of hoarding lots to prop up prices - likening them to OPEC, which restricts oil output to maintain high prices. "They're my friends ... but now, they can get Financing, and they have to start building Homes. They're sitting on 2 Million empty lots, A RECORD," Trump wrote."
"Arizona scored 56.5 overall, placing it in the mid-tier nationally. The state's median listing price of $499,982 in 2024 reflects its ongoing growth as a destination for new residents, while a median household income of $74,483 provides only limited breathing room for buyers. The Realtor Affordability Score came in at 0.50, showing that most Arizona households remain cost-burdened when trying to buy a home."
Arizona received a C grade on the Realtor.com State-by-State Housing Report Card with an overall score of 56.5, placing it in the national mid-tier. The state's median listing price was $499,982 in 2024 while median household income stood at $74,483, producing a Realtor Affordability Score of 0.50 and leaving most households cost-burdened when buying. Construction activity is strong: Arizona accounted for 4.0% of national new-home permits in 2024 despite comprising about 2.3% of the U.S. population, yielding a high permit-to-population ratio near 1.7. Rising demand and tight water restrictions continue to pressure affordability.
Read at SFGATE
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