iBuyers Intensified
iBuyers have purchased so many homes in the last month that they are significantly distorting the market dynamics
Supply on the Move
Supply continues to move higher.
It’s About Supply
Supply is still a very long way below normal
In a Bubble?
So, are we in a bubble?
Very Low Inventory–Still!
In the past 30 days, 44% of MLS recorded home sales closed over asking price
Incredibly Consistent Market
Housing inventory for the greater Phoenix area continues to hover at some of the lowest levels ever seen.
Trend Continues–Higher Prices, Lower Inventory
Phoenix is still in the top five states for inbound relocations in America
Acute Housing Shortage Continues
December real estate in the greater Phoenix area continues to suffer from an acute housing shortage.
