Noticing fewer For Sale signs on your street than a year or two ago? Phoenix home sales activity continues at somewhat slower, but still brisk pace. Active listing inventory is still reducing, but the pace of that reduction has ebbed slightly … Continue reading →
How will buyers, and therefore sellers, be affected in the near term? National Association of Realtors Chief Economist Lawrence Yun weighs in: click here.
Continue reading →Available MLS inventory continues it’s decline. At the moment across our metropolitan area there are 19,926 ( MLS active homes) for sale, having dropped below 20,000 earlier this week. This is down more than 1300 in approximately 4 weeks. Supply is declining, and … Continue reading →
Prices are down, but activity is humming. MLS inventory of homes for sale continues to decrease a little each day, as the new listings coming to market are fewer than those going under contract. In one popular community, there are … Continue reading →
A slow recovery seems to be unfolding in our Phoenix real estate market. The pace of activity varies by area and community across our valley, but the dynamic in our market between seller and buyer has shifted. In many price … Continue reading →