I know I am a little late with my Market Update however I have been busy with clients so I guess that means I am doing something right. I am glad to report that business seems to be picking up again here in the Valley of the Sun. From multiple offers on homes that are well priced, to prices and interest rates being low, the market here in Phoenix is showing signs of life again.
Last year in the month of May there were 4,660 single family homes sold in the Greater Phoenix area. This year there were 4,869 single family homes sold in the area. While this may not be a large increase in home sales it does demonstrate the point I have been making for quite some time now.
I believe our market is bumping along the bottom here in Valley of the Sun. And that the time to buy/invest in real estate is NOW.
Ulises Romo, REALTOR®
PRO-formance Realty Concepts
Email: ulisesromo29@yahoo.com
Cell: 602-380-4890
Website: http://ulisesromo.point2agent.com/
Company Website: www.proformancerealtyconcepts.com
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