Phoenix is Bouncing Back!

Real Estate Agent with First Call Realtors, LLC

I'm sure you've heard that "every market is different". One needs to remember this statement when reading the myriad of housing market reports found in national media and the internet. The Phoenix market is unique to most major cities in it's housing market recovery. We will see variations in overall growth as we move forward and there will be differences between local communities here, but the overall trend is for growth and improvement. Home prices are increasing, overall. Distressed home inventory is down, however short sales are up. For buyers, interest rates are still historically low and home quality is greatly improved. Buyers now need to be well prepared and aggressive to be successful in the developing sellers market conditions in many parts of the valley. Every market is different and the Phoenix market is very different from most others nationwide. Contact me for your personal home buyer orientation and preparation seminar.

Posted by

Edd Van Damme, CRS, ABR

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