phoenix hot home market: Latest Update On HOT Phoenix Metro Housing Market
- 05/24/22 08:41 AM
OK, everyone knows the Phoenix real estate market is HOT! (photo: Phoenix Bird- Skylarvision Pixabay) How hot? Well, here we go:
1. The average homeowner has seen their home value go up 27% during the past 12 months.
2. House prices have doubled in the past 5 years.
3. May will be another record median home sold price... based on early contracts expected to be $475,000.
4. Multiple offers continue on most homes priced less than $500K. Usually homes go on the market for the weekend and the best offers are chosen on Monday.
5. Sellers choose the highest price, followed by highest down payment (cash … (1 comments)
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phoenix hot home market: Phoenix Metro Home Prices Soar
- 02/16/20 12:01 PM
Home prices in the Phoenix Arizona metro area continue to soar. Per the MLS home prices are now averaging $290,000 which is still less than many Western cities. This price is more for single family detached homes with a garage. The downturn in 2006 are now behind us. What is happening and why are prices increasing? Read on...
Reasons For Home Price Increases in Phoenix Metro (Hottest US Market)
1. Population Growth- Per the US Census the Phoenix metro (Maricopa County) is the fastest growing for the third consecutive year with about 6,000 new residents per month. 1 million people are expected to … (0 comments)
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OK, everyone knows the Phoenix real estate market is HOT! (photo: Phoenix Bird- Skylarvision Pixabay) How hot? Well, here we go:
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