How’s the market, Joe?”
That is the most common question I get today. Here’s my reply: “Remember that great toilet paper shortage of 2020? It’s like that!”
This market does have inventory, but much like the search for the ever-elusive TP, we’ve had to get creative in narrowing down exactly what buyers want to find the gems they love. Low inventory is a great space to do just that. Seriously, this market is hot and cold at the same time! With a population of almost 5 million people and growing by the minute, the valley is hot… in every way possible.
*Infographic courtesy of Cromford Associates LLC & Tamboer Consulting LLC
There are all kinds of predictions about the Metro Phoenix Real Estate market. Interest rates are predicted to remain steady. Inventory in this area may remain sparse (although if the market follows its seasonal tendencies there will be a rally of new listings in October) as our population growth booms again. No matter the path to home, upgrading or downsizing, buying or selling, or both, my team and I are ready to serve.
I’ve put together a free Buyer’s Guide and a Seller’s Guide to help those not sure where to start, especially in this crazy market. Hopefully, these guides can help answer questions about preparing your home to sell or how to look for what you really want in a new home. I understand both sides of this current market.
Keeping things moving and ready to serve…
Joe
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