A recent report shows real estate appears to be stabilizing across the country. The well known S&P/Case-Schiller index shows that in the 10 city index and in the 20 city index both showed a marked improvement in real estate in the majority of cities.
Although these are small improvements or minimal devaluation in home values, this news is still a welcome relief to many around the country and especially to Chandler AZ property owners. Home values are up anywhere from .1% to 3.4% in ten cities.
While the news is certainly not a staggering improvement, it is still encouraging because it indicates that real estate markets across the country are leveling out. Home values have stopped falling sharply and people are being drawn back into the real estate market.
To many, the recent market stimulation is due to low home values, low interest rates, and the First Time Home Buyer Tax Credit have all combined to create an ideal buyer's market, especially in the Chandler AZ real estate arena.
Gina McKinley, a Chandler AZ realtor, would be happy to show you your dream Chandler AZ property or tell you more about Chandler AZ homes. Gina McKinley can be reached at (480) 355-8645 or by email.