Acute Housing Shortage Continues
December real estate in the greater Phoenix area continues to suffer from an acute housing shortage.
Housing Inventory in Short Supply
Multiple offers above asking price are not unusual in this market.
Homes Still Selling Quickly
Third quarter closings in greater Phoenix were the second highest in history.
Sellers Still in the Driver’s Seat
Just like last month, our very hot market is driving higher prices.
Hot Market Driving Fast Sales
July had a record number of closings
Where Is Our Inventory?
Historically low inventory has been the story for 2020.
Still a Seller’s Market
While prices are up, interest rates are flat and still at historic lows.
How’s the Phoenix Real Estate Market Doing?
While prices are up, interest rates are down.
