Don’t count on a huge drop.
Things went soft 6 months ago in Scottsdale but now speeding up again.
My place will probably be up 10% in the next year.
The housing market is tight - we have illegals creating demand, and with millions of homeowners locked in to a 3% mortgage, they are not going to sell. It’ll take a decade to add enough supply to get back to something normal. Best bet is to buy a lot, hire a contractor to build a home.