zillowcom: Strong Sellers Market in Phoenix Real Estate
- 04/25/13 06:55 AM
Cities in the Western U.S. offer the best opportunities for sellers, while Midwest and Mid-Atlantic markets offer the best deals for buyers, according to Zillow.com. In western cities such as San Francisco, Las Vegas and Phoenix, home sellers can take advantage of locally strong demand and may have the upper hand in negotiations. Meanwhile, homebuyers in Midwestern and Mid-Atlantic markets such as Chicago, Cleveland and Philadelphia can take advantage of price discounts exceeding 5 percent in some areas and listings that have been on the market for 100 days or longer. The Strength of sellers' markets in California, Nevada, and … (1 comments)
zillowcom: Phoenix Ranked as Top Seller's Market
- 07/26/12 09:44 AM
According to Zillow.com, the Phoenix and Scottsdale real estate market has ranked as the #5 Seller's Market in the country. It is typical to see homes selling within the first 24-48 hours, with multiple offers, and above list price right now in the Phoenix area. This gives Phoenix sellers power to choose which offer and buyer they want to move forward with. Price cuts are sparse and upward pressue on pricing is strong. Zillow analyzed data on sale-to-list price ratio, number of days listings spent on Zillow and percent of homes on the market with a price cut, and ranked … (1 comments)
Cities in the Western U.S. offer the best opportunities for sellers, while Midwest and Mid-Atlantic markets offer the best deals for buyers, according to Zillow.com. In western cities such as San Francisco, Las Vegas and Phoenix, home sellers can take advantage of locally strong demand and may have the upper hand in negotiations. Meanwhile, homebuyers in Midwestern and Mid-Atlantic markets such as Chicago, Cleveland and Philadelphia can take advantage of price discounts exceeding 5 percent in some areas and listings that have been on the market for 100 days or longer. 
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