For years, Phoenix has been in the midst of a housing crisis.
Home prices skyrocketed during the pandemic, turning starter homes into forever homes. One study found that a quarter of residents have considered leaving the state over housing costs. Arizona is so desperate for housing, lawmakers from both parties have teamed up to pass bills to limit municipal zoning restrictions and spur homebuilding.
Despite that, Phoenix somehow leads the nation in pulling homes off the market without making a sale. According to an analysis by Realtor.com, there are 30 homes being delisted in Phoenix for every 100 that hit the market. The national rate is 13 delisted homes per 100 put up for sale…