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PHOENIX REAL ESTATE MARKET 2017 PREDICTIONS AND BEYOND
PHOENIX REAL ESTATE MARKET 2017 PREDICTIONS AND BEYOND
 
 
The Phoenix real estate market continues to experience low inventories which results in home prices continue to increase. The chart above shows a natural path for 2016. The mortgage rates continue to say relatively low to keep people buying and selling real estate across America. We are looking forward to another busy year when it comes to Phoenix real estate.
 
PREDICTION #1
 
I am predicting that the real estate industry will continue to chug right along with no impact from new President elect Trump, Health care or international markets. I seeing more and more people that want to purchase a home vs renting a home. I believe the American people are feeling optimist at this time. Also, I predict that our local economy will continue to thrive and keep supplying jobs needed to purchase homes this year.
 
PREDICTION #2
 
I can almost guarantee that we will experience another crazy summer in real estate. Housing experts have predicted Phoenix to be the top rated housing market in America. We are looking at price gains of 6% and sales growth right around 7%. We will continue to experience low inventory which means prices will continue to increase since we will ... more

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