Body cam mystery; AZ real estate market predictions | FOX 10 Talks
Join FOX 10's Steve Neilsen and Christina Carilla and for the latest on the biggest stories trending right now.
Join FOX 10's Steve Neilsen and Christina Carilla and for the latest on the biggest stories trending right now.
Real estate expert analyzes Arizona housing affordability challenges | FOX 10 Phoenix
The housing market across the nation and in Arizona remains uncertain as high interest rates and tight inventory keep home prices elevated. Mark Stapp, a real estate expert from Arizona State University, joined the broadcast to discuss the key factors impacting buyers and renters. Stapp explained that while apartment rental rates have tempered slightly, a slowdown in new permits and deliveries means relief may be short-lived. Continued population and job growth maintain high demand for housing, but homebuilders are exercising caution to avoid overbuilding, which keeps the supply constrained. Homeowners holding low-interest mortgages are disincentivized from moving, creating a lock-in effect that further limits existing home inventory. Buyers looking for homes priced below $450,000, which is roughly the median price, face significant inventory shortages, as much of the available supply remains concentrated in higher price tiers. Expanding outward to outlying areas like Apache Junction adds transportation costs that can offset lower home prices. External economic factors, including tariffs on Canadian softwood lumber and rising energy prices, further contribute to higher construction costs and home prices. Despite these challenges, market conditions differ significantly from the 2007 housing crash, which was driven by excessive leverage. Today's challenges stem from broader geopolitical factors, energy costs, and material supply constraints rather than structural financial instability. Homebuilders are responding by offering buyer incentives and shifting focus toward alternative housing options, such as townhomes and duplexes, often referred to as the "missing middle." Stapp emphasized that restoring local housing affordability is crucial to sustaining economic development and continuing to attract workers to the region.
The housing market across the nation and in Arizona remains uncertain as high interest rates and tight inventory keep home prices elevated. Mark Stapp, a real estate expert from Arizona State University, joined the broadcast to discuss the key factors impacting buyers and renters. Stapp explained that while apartment rental rates have tempered slightly, a slowdown in new permits and deliveries means relief may be short-lived. Continued population and job growth maintain high demand for housing, but homebuilders are exercising caution to avoid overbuilding, which keeps the supply constrained. Homeowners holding low-interest mortgages are disincentivized from moving, creating a lock-in effect that further limits existing home inventory. Buyers looking for homes priced below $450,000, which is roughly the median price, face significant inventory shortages, as much of the available supply remains concentrated in higher price tiers. Expanding outward to outlying areas like Apache Junction adds transportation costs that can offset lower home prices. External economic factors, including tariffs on Canadian softwood lumber and rising energy prices, further contribute to higher construction costs and home prices. Despite these challenges, market conditions differ significantly from the 2007 housing crash, which was driven by excessive leverage. Today's challenges stem from broader geopolitical factors, energy costs, and material supply constraints rather than structural financial instability. Homebuilders are responding by offering buyer incentives and shifting focus toward alternative housing options, such as townhomes and duplexes, often referred to as the "missing middle." Stapp emphasized that restoring local housing affordability is crucial to sustaining economic development and continuing to attract workers to the region.
AI tools for busy moms to save time and organize daily schedules | Balancing Act | FOX 10 Phoenix
From meal planning to organizing medical documents, AI tools can give you hours back each week. Expert Bella Vasta explains how artificial intelligence can streamline daily household scheduling and dinner planning.
From meal planning to organizing medical documents, AI tools can give you hours back each week. Expert Bella Vasta explains how artificial intelligence can streamline daily household scheduling and dinner planning.
Ketel Marte goes AWOL; AZ election analysis | FOX 10 Talks
Robby Baker joins FOX 10 Talks to discuss the latest drama surrounding D-backs star Ketel Marte. Plus, political analyst Mike Noble breaks down Arizona's election landscape, the races and issues shaping the state, and what voters should be watching.
Robby Baker joins FOX 10 Talks to discuss the latest drama surrounding D-backs star Ketel Marte. Plus, political analyst Mike Noble breaks down Arizona's election landscape, the races and issues shaping the state, and what voters should be watching.
Kids vaccine exemptions hit record high: CDC data
As students return to class, new CDC data reveal that non-medical vaccine exemptions for kindergarteners continue to grow across the U.S.
As students return to class, new CDC data reveal that non-medical vaccine exemptions for kindergarteners continue to grow across the U.S.
Arizona elections: New polling reveals voter shifts | FOX 10 Talks
Political analyst Mike joins FOX 10 Talks to break down the latest polling data following Arizona’s primary elections. As the state moves into the general election, polling shows a shifted political landscape in this critical battleground.
Political analyst Mike joins FOX 10 Talks to break down the latest polling data following Arizona’s primary elections. As the state moves into the general election, polling shows a shifted political landscape in this critical battleground.
Arizona heat wave pushes highs to 113°F in Phoenix
High pressure keeps Phoenix temperatures over 110 degrees with slight storm chances ahead.
High pressure keeps Phoenix temperatures over 110 degrees with slight storm chances ahead.
Hayden Panettiere death: Latest details from TMZ
Hayden Panettiere’s preliminary autopsy found no signs of trauma that contributed to her death. TMZ's Alexa Kohn has the latest details on the star's death.
Hayden Panettiere’s preliminary autopsy found no signs of trauma that contributed to her death. TMZ's Alexa Kohn has the latest details on the star's death.
Trump rejects Iran extension while maintaining naval blockade
President Donald Trump is hoping economic sanctions will force Iran to stop fighting amid the ongoing conflict in the Middle East. Fox's Doug Luzader reports.
President Donald Trump is hoping economic sanctions will force Iran to stop fighting amid the ongoing conflict in the Middle East. Fox's Doug Luzader reports.
Surprise cancels Flock camera contract
Surprise is terminating its contract with Flock Safety and requesting the removal of automated license plate readers following an officer's suspension over alleged misuse of the technology. FOX 10's Danielle Miller reports.
Surprise is terminating its contract with Flock Safety and requesting the removal of automated license plate readers following an officer's suspension over alleged misuse of the technology. FOX 10's Danielle Miller reports.
Lindsay Clancy trial: Defense argues postpartum psychosis
As the Lindsay Clancy trial enters the defense phase, lawyers argue the Massachusetts mother suffered from postpartum psychosis after taking 13 medications over one year. FOX's Caroline Elliott has more as Clancy's mother took the stand.
As the Lindsay Clancy trial enters the defense phase, lawyers argue the Massachusetts mother suffered from postpartum psychosis after taking 13 medications over one year. FOX's Caroline Elliott has more as Clancy's mother took the stand.
Phoenix outdoor workers take heat precautions as dangerous temperatures return
Phoenix businesses are implementing strict heat safety measures for outdoor employees, as near-record temperatures return to the Valley. FOX 10's Andrew Christiansen checks out how some businesses are keeping cool.
Phoenix businesses are implementing strict heat safety measures for outdoor employees, as near-record temperatures return to the Valley. FOX 10's Andrew Christiansen checks out how some businesses are keeping cool.
Expert breaks down rare parricide cases
An international manhunt for a Litchfield Park suspect highlights parricide, a rare crime that one criminologist says accounts for just 2% of homicides. FOX 10's Nicole Krasean has more about the cases where children are accused of killing their parents.
An international manhunt for a Litchfield Park suspect highlights parricide, a rare crime that one criminologist says accounts for just 2% of homicides. FOX 10's Nicole Krasean has more about the cases where children are accused of killing their parents.
Iran war: Talks stalled as deadline passes for 60-day deal
The 60-day deadline for a US-Iran peace deal has passed with no resolution. FOX's Rebekah Castor has more, as both sides remain at a standstill over the Strait of Hormuz.
The 60-day deadline for a US-Iran peace deal has passed with no resolution. FOX's Rebekah Castor has more, as both sides remain at a standstill over the Strait of Hormuz.
GLP-1s show promise for hormonal disorder
A new study shows that GLP-1s could help treat the hormonal disorder PMOS. FOX's Marianne Rafferty learns how the results are showing promise for women in more ways than one.
A new study shows that GLP-1s could help treat the hormonal disorder PMOS. FOX's Marianne Rafferty learns how the results are showing promise for women in more ways than one.
Meta goes to trial over allegations of addiction, mental heath concerns
Opening arguments begin in a case involving Facebook and Instagram, and its addictive effects on young users and the growing mental health crisis sparked by overuse. FOX's Ashley Webster has more.
Opening arguments begin in a case involving Facebook and Instagram, and its addictive effects on young users and the growing mental health crisis sparked by overuse. FOX's Ashley Webster has more.
Rebekah Baptiste: Judge to rule on sealing autopsy
A motion has been filed to seal the autopsy report for 10-year-old Rebekah Baptiste, following a court appearance on Aug. 17. FOX 10's Nicole Krasean reports.
A motion has been filed to seal the autopsy report for 10-year-old Rebekah Baptiste, following a court appearance on Aug. 17. FOX 10's Nicole Krasean reports.
Temperatures approach records as extreme heat warning remains
Temperatures across Arizona will reach up to 113 degrees this week as high pressure stays overhead, bringing muggy conditions and minor storm chances. FOX 10's Erica Horvatin has the latest as highs remain near record levels.
Temperatures across Arizona will reach up to 113 degrees this week as high pressure stays overhead, bringing muggy conditions and minor storm chances. FOX 10's Erica Horvatin has the latest as highs remain near record levels.
Tempe Fire, Police team up to help people in need
The Salvation Army teamed up with Tempe's police and fire departments to give back to families in need, and FOX 10's Irene Snyder has more on how you can help with the food drive.
The Salvation Army teamed up with Tempe's police and fire departments to give back to families in need, and FOX 10's Irene Snyder has more on how you can help with the food drive.
Goodyear neighbors believe multiple suspects were involved in deadly house party shooting
Surveillance footage captures people running for cover during a Goodyear shooting that killed 19-year-old Jaguar Williams. FOX 10's Megan Spector has the latest on the investigation, as neighbors question whether there was only one shooter.
Surveillance footage captures people running for cover during a Goodyear shooting that killed 19-year-old Jaguar Williams. FOX 10's Megan Spector has the latest on the investigation, as neighbors question whether there was only one shooter.