👨‍💼Do Housing Prices Still Have Room to Run?

By
Real Estate Agent with Arizona Focus Realty SA634540000

💥Do Housing Prices Still Have Room to Run?

 

 ☀️For ALL of Your East Valley AZ Real Estate Needs

📞Call Brian at 480-773-2370

🙋‍♂Text Brian at 480-773-2370

📨Email Brian at brian@bke12.com

 

Why wait? With housing undervalued in most markets and the gap between house-buying power and median sale prices indicating there remains room for continued growth, now is a great time to get into life's biggest investment: your own home!    To read the full article by Mark Fleming, click HERE.

 

I specialize in the East Valley of the Phoenix Metro area - Gilbert, Mesa, Chandler, Tempe, Scottsdale, Apache Junction, and Gold Canyon

 

☀️For ALL of Your East Valley AZ Real Estate Needs

📞Call Brian at 480-773-2370

🙋‍♂Text Brian at 480-773-2370

📨Email Brian at brian@bke12.com

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Comments (22)

Raymond Henson, eXp Realty
eXp Realty of California, Inc. (lic. #01878277) - Elk Grove, CA
Realtor

I think we do have room to run.  Just last month, the median price of homes in Elk Grove went up @$38k from November.  I was surprised and it looks like a sign of things to come.  Hope you are doing well!

Jan 24, 2022 11:02 AM
Sheri Sperry - MCNE®
Coldwell Banker Realty - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Brian England - I do agree that now is the time to buy because the housing shortage will continue and interest rates will go up.  But, with home prices going up over 20% in a lot of markets, I am not sure I would say that it is undervalued.  

Jan 24, 2022 11:38 AM
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

I am seeing that in my area as well George Souto still many offers for the best properties on the market.

Jan 24, 2022 11:46 AM
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

Good afternoon, Grant Schneider especially since the interest rates continue to rise as well.

Jan 24, 2022 11:47 AM
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

Such a crazy market Raymond Henson, eXp Realty and $38K is crazy high from one month to the next.

Jan 24, 2022 11:48 AM
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

I completely agree with you Sheri Sperry - MCNE® and those that have been sitting on the fence are losing out.

Jan 24, 2022 11:50 AM
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

I very much enjoyed your call to action. I hope you are having  happy Monday 🙂

Jan 24, 2022 12:22 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Hi Brian... I wouldn't say our real estate in Charlotte is under-valued, but it will continue to appreciate.

Jan 24, 2022 01:07 PM
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Good afternoon, Brian,

Thank you for sharing this article.  Wishing you a wonderful week.  A

Jan 24, 2022 01:42 PM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Brian, I still think now is the time to buy before interest rates go up to much.  Make it a great Monday!

 

Jan 24, 2022 02:31 PM
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

Thank you, Paul S. Henderson, REALTOR®, CRS I hope that you are having an enjoyable Monday as well.

Jan 24, 2022 04:11 PM
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

It would be very difficult to claim anything is undervalued these days Nina Hollander, Broker since the prices have soared so high!

Jan 24, 2022 04:12 PM
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

Good afternoon Ron and Alexandra Seigel you are very welcome and I hope that your day is being enjoyed!

Jan 24, 2022 04:12 PM
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

I agree with you Will Hamm people should not be sitting on the fence right now if they are ready to buy!

Jan 24, 2022 04:15 PM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Brian England I think, there is still room for housing prices to go up. Excellent post!

Jan 24, 2022 05:15 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Brian 25 years ago you could buy a home in the flats of Beverly Hills for close to 1 million dollars.... in Westchester CA you could buy a home for about $50,000. Today you can buy a home in Beverly Hills Flats for about $12-$25 million and in Westchester for about $1.2 million to $6 million.... now we also have some homes in the $100million plus range now in Bel Air and Beverly Hills Post Office. Hope my long winded comment answers your question:)) Yes there is still room...Endre

Jan 24, 2022 10:14 PM
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

They continue to climb John Pusa so they are going up whether people like it or not, haha.

Jan 25, 2022 04:15 AM
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

I have always been in awe of how expensive real estate is in your neck of the woods Endre Barath, Jr. 

Jan 25, 2022 04:16 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Brian, I know our inventory is so low, but rates have been moving already, it is time now.

Jan 25, 2022 06:45 AM
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

Those that stay on the fence are going to be in a worse position Joan Cox the real estate market is moving on along.

Jan 25, 2022 07:01 AM