👨‍💼Price Decreases Becoming More Common

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Real Estate Agent with Arizona Focus Realty SA634540000

💥Price Decreases Becoming More Common


 ☀️For ALL of Your East Valley AZ Real Estate Needs

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1 out of 5 homes on the market has had a price decrease. This does not imply that prices will continue to drop, however, may suggest that the rising prices will lessen and a more balanced market may arise.  To read the full article...  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 or 🙋‍♂Text Brian at 480-773-2370

📨Email Brian  ~  Search the MLS for FREE

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Comments (10)

Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Brian England and I am seeing decreases in the Denver area also.  and seeing expires also.  Make it a great day!

 

Aug 08, 2022 10:04 AM
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

In some markets Will Hamm sellers are no longer able to call all of the shots!

Aug 08, 2022 10:45 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Brian I have not seen price decreases around here, BUT I have started to see Buyers offering less than the asking price.

Aug 08, 2022 11:03 AM
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

Buyers offering less than the asking price is a good sign George Souto since a few months ago that was unheard of, haha.

Aug 08, 2022 01:13 PM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Brian, we have been seeing 28-30% of total listings right now, showing the market is softening.

Aug 09, 2022 06:18 AM
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

Wow, that is a large percentage Joan Cox it sounds like your market is definitely changing.

Aug 09, 2022 06:26 AM
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

That's not my favorite sign of the times, but it was bound to happen in my area Brian 🙂

Aug 09, 2022 12:36 PM
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

I don't feel like prices are going down Paul S. Henderson, REALTOR®, CRS just that sellers aren't able to continue raising their prices, haha.

Aug 09, 2022 12:59 PM
Curtis Van Carter
Better Homes & Gardens Wine Country Group - Yountville, CA
Your Napa Valley Broker Extraordinaire

Brian

I would say it is closer to 1 in 10 here in the Napa Valley. As I have said, we tend to lag the market due to what we are and the limited inventory. cheers cvc

Aug 10, 2022 08:48 AM
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

Your market is definitely a lot different than most markets Curtis Van Carter and I know that I am not financially able to consider a purchase there, haha.

Aug 10, 2022 09:46 AM