Real Estate Market forecast for '07, '08

Real Estate Agent with MavRealty

Today in the AZ Republic, there is an article detailing a real estate market forecast for '07 and '08, as provided by NAR (National Association of REALTORS). 

Much as we've been predicting, so have our peers - we foresee the real estate market rebounding in '08.  The forecast from NAR is based on nationwide perception; we anticipate the Phoenix market exceeding those expectations based on job growth, climate, and cost of living. 

What does that mean for you?  Now is the time to buy - or at least start looking - if you are currently renting, or interested in investing in real estate!  There are great deals out there, and the projection is that prices will be going up.  The #1 rule of real estate is "Buy low, sell high!".

To read the full article, click HERE.

Sharon Kotula, ABR
Adam Tarr, e-PRO
Your Phoenix Area Real Estate Source
RE/MAX Excalibur
Scottsdale, AZ

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