How’s the Phoenix Real Estate Market?

Local Real Estate News – our monthly report comes out around the 10th of the month. ┬áCheck back for updates.

Phoenix housing market report for March 2014 Click here to view the full report.[/caption]

Quick Summary: The Phoenix housing market has shifted to a Buyers market. But with lagging sales, the question is “Where are all the Buyers?”. The average time on market has gone up to 86 days. Short sales and bank owned properties are down to below average numbers; in fact, there are fewer distressed sales now than there were in the last “normal” market in 2003.

 

 

National Real Estate News

December2013-13 Sustainability of current price increases National

December2013-49 Where Buyers find homes