--- title: "Mortgage Matters | Arizona Hard Money Lender Newsletters" description: "The Real State market newsletters for Greater Phoenix, residential and commercial, published monthly by R.O.I. Properties and archived by Kenwood Mortgage." canonical: "https://kenwoodmortgage.com/mortgage-matters/" last_updated: "2026-10-16" --- Market newsletters # Mortgage Matters Two monthly reads on the Arizona market, residential and commercial, kept in one place. Open one and read it right here. Kenwood republishes *The Real State*, the monthly market letters written by R.O.I. Properties in Phoenix. Two lanes run side by side below: **Residential** covers Greater Phoenix housing supply, demand, and pricing, and **Commercial** covers office, industrial, retail, multi-family, and land. Click any cover to read the full newsletter here on the page, or download the PDF. Residential ## Residential Market Newsletter Greater Phoenix housing: supply and demand, listings, closings, pricing, and what the rate picture is doing to buyers. [Read](https://kenwoodmortgage.com/newsletters/residential-2026-09.pdf) Latest edition ### September 2026 With Rates Up and Activity Down, Buyers Hold a Strong Hand The short story in Greater Phoenix residential is that there are lots of nerves in a difficult marketplace, with activity down and interest rates, price reductions, and cancellations ticking up. [Read September 2026](https://kenwoodmortgage.com/newsletters/residential-2026-09.pdf) [Download PDF](https://kenwoodmortgage.com/newsletters/residential-2026-09.pdf) #### Earlier residential editions - [Read](https://kenwoodmortgage.com/newsletters/residential-2026-08.pdf) August 2026 Mixed Market Action, and the Prospect of Capital Gains Relief [PDF](https://kenwoodmortgage.com/newsletters/residential-2026-08.pdf) - [Read](https://kenwoodmortgage.com/newsletters/residential-2026-07.pdf) July 2026 [PDF](https://kenwoodmortgage.com/newsletters/residential-2026-07.pdf) - [Read](https://kenwoodmortgage.com/newsletters/residential-2026-06.pdf) June 2026 [PDF](https://kenwoodmortgage.com/newsletters/residential-2026-06.pdf) - [Read](https://kenwoodmortgage.com/newsletters/residential-2026-05.pdf) May 2026 [PDF](https://kenwoodmortgage.com/newsletters/residential-2026-05.pdf) - [Read](https://kenwoodmortgage.com/newsletters/residential-2026-03.pdf) March 2026 [PDF](https://kenwoodmortgage.com/newsletters/residential-2026-03.pdf) - [Read](https://kenwoodmortgage.com/newsletters/residential-2026-01.pdf) January 2026 [PDF](https://kenwoodmortgage.com/newsletters/residential-2026-01.pdf) - [Read](https://kenwoodmortgage.com/newsletters/residential-2025-12.pdf) December 2025 [PDF](https://kenwoodmortgage.com/newsletters/residential-2025-12.pdf) - [Read](https://kenwoodmortgage.com/newsletters/residential-2025-11.pdf) November 2025 [PDF](https://kenwoodmortgage.com/newsletters/residential-2025-11.pdf) - [Read](https://kenwoodmortgage.com/newsletters/residential-2025-09.pdf) September 2025 [PDF](https://kenwoodmortgage.com/newsletters/residential-2025-09.pdf) - [Read](https://kenwoodmortgage.com/newsletters/residential-2025-08.pdf) August 2025 [PDF](https://kenwoodmortgage.com/newsletters/residential-2025-08.pdf) - [Read](https://kenwoodmortgage.com/newsletters/residential-2025-02.pdf) February 2025 [PDF](https://kenwoodmortgage.com/newsletters/residential-2025-02.pdf) Commercial ## Commercial Market Newsletter Arizona commercial real estate: office, industrial, retail, multi-family, and land, and where the capital is actually moving. [Read](https://kenwoodmortgage.com/newsletters/commercial-2026-09.pdf) Latest edition ### September 2026 Negotiating Leverage Shifts Toward Buyers The Federal Reserve’s quarter-point interest rate increase in mid-September was widely anticipated, but the reality of its arrival still sent shock waves into the commercial real estate market. [Read September 2026](https://kenwoodmortgage.com/newsletters/commercial-2026-09.pdf) [Download PDF](https://kenwoodmortgage.com/newsletters/commercial-2026-09.pdf) #### Earlier commercial editions - [Read](https://kenwoodmortgage.com/newsletters/commercial-2026-08.pdf) August 2026 Higher-for-Longer Rates Drive Appeal for Cash Deals [PDF](https://kenwoodmortgage.com/newsletters/commercial-2026-08.pdf) - [Read](https://kenwoodmortgage.com/newsletters/commercial-2026-07.pdf) July 2026 Demand Soars for Industrial Outdoor Storage [PDF](https://kenwoodmortgage.com/newsletters/commercial-2026-07.pdf) - [Read](https://kenwoodmortgage.com/newsletters/commercial-2026-06.pdf) June 2026 As TSMC Expands, the North Valley Reaches Critical Mass [PDF](https://kenwoodmortgage.com/newsletters/commercial-2026-06.pdf) - [Read](https://kenwoodmortgage.com/newsletters/commercial-2026-05.pdf) May 2026 For Pad Development in Arizona, It’s All About Exposure [PDF](https://kenwoodmortgage.com/newsletters/commercial-2026-05.pdf) - [Read](https://kenwoodmortgage.com/newsletters/commercial-2026-03.pdf) March 2026 K-Shaped Performance in Office and Hotels [PDF](https://kenwoodmortgage.com/newsletters/commercial-2026-03.pdf) - [Read](https://kenwoodmortgage.com/newsletters/commercial-2026-01.pdf) January 2026 CRE Buyers and Sellers Ready to Deal [PDF](https://kenwoodmortgage.com/newsletters/commercial-2026-01.pdf) - [Read](https://kenwoodmortgage.com/newsletters/commercial-2025-12.pdf) December 2025 Phoenix Retail Transitions from Untouchable to the Magic Touch [PDF](https://kenwoodmortgage.com/newsletters/commercial-2025-12.pdf) - [Read](https://kenwoodmortgage.com/newsletters/commercial-2025-10.pdf) October 2025 Industrial Maintains Its Role as Economic Engine [PDF](https://kenwoodmortgage.com/newsletters/commercial-2025-10.pdf) - [Read](https://kenwoodmortgage.com/newsletters/commercial-2025-09.pdf) September 2025 Investors Give Another Nod to Phoenix’s Potential [PDF](https://kenwoodmortgage.com/newsletters/commercial-2025-09.pdf) - [Read](https://kenwoodmortgage.com/newsletters/commercial-2025-08.pdf) August 2025 Phoenix Office Market Finds Its Footing [PDF](https://kenwoodmortgage.com/newsletters/commercial-2025-08.pdf) - [Read](https://kenwoodmortgage.com/newsletters/commercial-2025-01.pdf) January 2025 A Time of Maturation in the Phoenix CRE Market [PDF](https://kenwoodmortgage.com/newsletters/commercial-2025-01.pdf) *The Real State* is researched, written, and published by [R.O.I. Properties](https://roiproperties.com) of Phoenix. Kenwood Mortgage Investments republishes each edition here in full and unaltered. Kenwood did not write it and does not adopt its analysis, forecasts, or opinions. To receive it directly from the publisher, contact R.O.I. Properties at [bjz@roiproperties.com](mailto:bjz@roiproperties.com). Nothing on this page is an offer to lend or a commitment of terms. Text Pages Download PDF × Originally shared via the [roiproperties.com](https://roiproperties.com) newsletter. Download the full PDF. --- ## Kenwood Mortgage Investments 7950 East Redfield Road #110 Scottsdale, Arizona 85260 Call: [(480) 783-8800](tel:+14807838800) Fax: (480) 783-8808 Email: [loans@kenwoodmortgage.com](mailto:loans@kenwoodmortgage.com) MB #13866 | NMLS #170223 Kenwood Mortgage Investments is a licensed Mortgage Broker in the state of Arizona. NMLS MB #13866 | NMLS #170223. This is not a commitment to lend. All loans subject to credit approval. Guidelines subject to change without prior notice. This information is provided to assist business professionals and is not an advertisement extended to the consumer as defined by Section 226.2 Regulation Z. EOE. Equal Housing Lender.