I visited with Linda an agent, GRI at the Arrowhead mail in Peoria. She was Knowledgeable, friendly and aggressive. She used to work for Keller Williams. I asked the usuall question. How is the market? How many homes for sale right now in the Phoenix area? What A surprise I learned. Over 55000 homes for sale in a market that usually has only about 24000 homes for sale. On top of that, here come the foreclosures, short sales and the market will plumet some more.
Her Observation is that even the seasoned agents are having a hard time. And no small wonder. The usuall sales per year is about 18500-19500. That simple means that if no more new listings came on the mls there is enough inventory for the next two years.
So Back in my market in Victorville. I am feeling more optomistic about it.
Thanks for reading
Val Exit Desert Ocean Realty
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