Category Archives: How’s The Market?
For Buyers: More buyers have turned to new homes so far this year. Overall year-to-date new home sales are up 26% compared to last year as builders continue to add much needed supply to the marketplace. All price ranges over … Continue reading →
For Buyers: Multiple offer situations and homes selling for more than list price have been making home buyers nervous over the past month. Returning boomerang buyers, having already suffered a short sale or foreclosure during the recession, are especially sensitive … Continue reading →
For Buyers: Buyers continue to find themselves in a frenzy of competition for homes as March recorded the highest number of non-distressed sales through the MLS since September 2005. While supply has dropped a significant 12.7% overall compared to this … Continue reading →
Buyers: It’s extremely rough to be a buyer right now, especially for those looking for lower priced homes. While active listings are down 15% overall in the Valley, listings under $200K are down a whopping 30% from this time last … Continue reading →
More Qualified Buyers Expected in 2017 Supply is Down 9.3%, Buyer Demand is Up 4.5%! For Buyers: Buyers be prepared for another year of increased competition for existing active listings in the Phoenix Metropolitan Area, partly because of over 50,000 … Continue reading →