Maricopa homes for sale - Maricopa AZ Real Estate Specialist
Let's talk simple economics 101 right now in Maricopa. Clearly Maricopa houses values should be a lot more. With the synthetic devaluation of house prices from high unnatural supply of homes to traditional real estate buyers sit on the fence the house price were drive down hard. Now we have limited supply of Maricopa homes for sale, and we have the buyers getting off of the fence. Plus, we have the the 1st generation of strategic default buyers back in the market, so yes demand is through the roof for homes for sale in Maricopa AZ.
If Pepsi was selling 12 oz cans for 25 cents how quick would they run out of Pepsi on the shelves? Very quickly. They would start increasing the price to get to a point where supply would meet demand. This is true in real estate. Honestly, the market does not care about your thoughts and opinions. I do not say this to be mean and rude, etc, but it does not, and the quicker you can understand three key concepts of housing values the sooner you will be a winner:
- Days on Market
- Annual Rate of Return
- Comps
Days on market will tell you if the market is a fast moving and appreciating market, or a medium moving steady market, or a slow declining market. Days on market will tell you how fast you need to move on a home. Right now you need to move fast.
Annual rate of return focus on what a real estate investor will accept for their investment. If you are below this number then the market might be over value. If you are at this point then the market could be seen as stable, and if you are above it then the market is clearly heading toward appreciation.
Comps will tell you where the house is listed compared to all of the other houses that have sold. A Maricopa AZ Real Estate specialist will be able to run your comps for you. Then you will know where the Maricopa homes closed at. You should be having this done for rentals closings and home sales closings.
As a Maricopa AZ Real Estate Specialist I will be able to properly guide you through all of the ups and downs the real estate market. Please remember not every real estate agent is the same. Some real estate agents give you more value and service, while others give you limited value and weak service. Let my real estate team teach you about Maricopa AZ Real Estate
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