PHOENIX REAL ESTATE MARKET SUPPLY AND DEMAND
My high school economics class has served me better than most of my other high school classes in my adult life! The wonderful laws of supply and demand come into my life daily. What they are doing today in the real estate market is a bit of an anomaly. This year's market cycle is not falling into our usual market seasonality. This time every year, we see an influx of listings come on the market which increases the overall supply. In another month, we see the buyer interest level peak following the number of listings (the demand) which then go hand in hand upwards until May for supply and June/July for demand at which point both drop back down a bit through the summer. This year, we have seen the
WHAT DOES THIS MEAN FOR YOU?
We have an unbelievable Seller's market right now with this high demand under $500,000. We are seeing multiple offers on properties in good condition and priced well but your initial positioning makes all the difference. FHA price limits (under $287,000) are seeing some of the highest demand in the market right now with that move-up price point at $300,000 - $500,000 following close behind. If you're thinking of selling, we need to get your house ready now and on the market in the next month or wait until next year! This is the time when homes sell in the Phoenix area, don't miss your opportunity!
Who do you know that needs to have this information to sell? Call me (602) 748-6136 and we will help! Who you choose matters.
****WE ARE OFFERING A FREE STAGING CONSULTATION IF YOU LIST WITH US IN MARCH. CALL NOW! (602) 748-6136****
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