Phoenix Metro Area Market Update July 2021
Supply is on a clear upward trend, thanks to strong flow of new listings and a decline in the rate of listings going under contract. Even though the rapid rise in prices is having the expected dampening effect on demand, supply is still a very long way below normal. We expect sales rates to slow in the second half of 2021. We forecast that prices will continue to rise but at a slower pace than during the first half. These means that dollar volume will remain very high compared with historical numbers.”
-Tina Tamboer, The Cromford Report
Home Buyers Guide to a Successful Real Estate Transaction
If you are a prospective home buyer in today’s competitive real estate market, then it is important to set yourself up for success by making wise choices and surrounding yourself with a team of experienced professionals. Be sure to check out my blog Home Buyers Guide to a Successful Real Estate Transaction for more information.
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