How is the housing market for Arizona homes for sale?  It’s a great time to be a first time homebuyer with good credit because of low interest rates and home prices.  The biggest problem right now is the inventory.  It is at an all time low for the past 10 years and that is driving prices up and creating somewhat of a buying frenzy again.  Many sellers are receiving multiple offers and taking the highest bidder with the best qualifications.  As an example in some areas, like Ahwatukee, homes are selling within days.  In the month of January there were 232 homes for sale in Ahwatukee, in May, there are less than 125 and that is the trend throughout the greater Phoenix Metro area. New building construction is on the rise.  Homebuilders are experiencing a surge of visitors to their models, and fewer and fewer spec homes are available.  As the builders sell a certain number of homes, they gradually raise their prices, from the base price to available options that they offer. 

There are over 400 new subdivisions in Arizona, most in the Phoenix Metro area.  It just makes good sense to have representation.  A good Realtor is someone who knows the new home market and who can show the best buys and location to suit their clients’ needs.  By enlisting the help of a realtor, buyers can save time and money.  We have been working with the builders and their representatives for ten years and consider ourselves experts in the realm of new and nearly new home sales.  It costs the buyer nothing to have a realtor helping them through the buying process.  The builder and/or seller have already agreed to compensate the buyer’s agent by listing their homes in the MLS as well as through their advertising budget.    WWW.phoenixnewhomesforsale.com is a free site where buyers can search the Arizona MLS for information regarding new developments and newly listed homes in Phoenix.  Please register and you will be contacted immediately.

Don’t let this great market pass you by – contact Dawn & Al Hughes with Solutions Real Estate to search new homes in Arizona.