Hello all!
Here is a snap shot of what is going on in the market:
  • 14 out 17 largest cities are favoring Sellers
  • 3 Buyers Markets – Queen Creek (mild Buyer’s Market moving to balance), Maricopa (fast-improving) and Buckeye
  • Sales price measures have now risen for 4 months straight, average price per square foot has recovered 5.7% since December
  • Supply decreasing at an alarming rate – average deficit of 54 listings per day since April 1st
  • Supply is 40% below normal
  • iBuyer inventory active supply = 3-4% (12% back in August)
  •  % of closings with concessions is down 52% in January to just 39% last week
As always, if you have questions I am here to help!
All my best,
Lisa
A Huge CONGRATULATIONS to my first time Home Buyers,
Chris and Monique!
It was such a honor and a gift to help the two of you!
Hiking Trails
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