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Phoenix (Housing) Rising

I read an article yesterday that backs up a lot of what I have said recently in blogs and in my emails.  The Phoenix market is very competitive right now, especially in the lower price ranges.  But we aren't alone.  The article was on the Bloomberg news site and discussed various areas that are seeing multiple offers, in crazy numbers, on lots of properties.  And the great thing is that it is in all ranges.  Here in the Phoenix area, if you are looking for anything under $150K, be prepared to put in offers on a bunch of properties before you actually get one.  The article quotes buyers, Realtors and analysts to get a broad perspective.  Simply put the reality is this is now a buyers market overall, and specifically in the lower price ranges. See the article here

Adam Tarr PC
Citywide Real Estate
Phoenix, AZ
480-236-7374
adam@WeAreAZRealEstate.com

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