When it comes to home ownership, the Phoenix AZ home remodeling trends of the recent past appear to have changed. The recent recession has left a permeating lifestyle change, one that has swapped over-indulgence with down-to-earth necessity. In other words, if it isn't a necessity, many people won't do it.
It is a buyer's market out there which means that the buyer is in control. A seller can no longer pass off a roof in poor condition or a faulty wiring system. If a Phoenix homeowner wants to sell, he will either have to make necessary repairs to his home, or credit the buyer at closing.
Remodeling is on the upswing and for the first year since the height of the Arizona real estate market, the amount of money spent on remodeling is expected to increase. The only difference is what kind of remodeling is occurring, in other words if it needs fixing it is going to be fixed.
The days of bigger and better have passed, being replaced with the motto of living within one's means and embracing the basics, and Phoenix real estate is no exception to this rule.
Click here to read a recent article from the Wall Street Journal regarding the current state of remodeling.
Gina McKinley, a Phoenix AZ Real Estate Agent, can help you find the perfect Phoenix AZ home for sale or put your Phoenix property on the market today. Gina McKinley can be contacted at (480) 355-8645 or by email for more information.
Comments(0)