Market conditions in the Northwest Phoenix valley indicate a tough market. Home prices are decreasing to what the market will bare.
The inventory of homes is definitely on the rise and more homes are on the market for longer extended periods of time. This is good news for Buyers because there are so many more homes to choose from; however this could possibly be just the opposite for Sellers, as this will extend the time homes remain active on the market for sale.
Overall, compared with other major cities throughout the country, the Phoenix Metropolitan housing market is still considered a bargain. Coupled with the fact that interest rates are still at historically low levels, prices have decreased, now's the best time to buy your dream home.
Let me help you buy your new home or sell your existing home.
Call me @ 480-948-0550 or email me at JOROFINO@AOL.COM with your real estate questions or if I can assist you or anyone you know with any real estate needs.
About Jeff Orofino:
I'm an honest, trusting, reliable and friendly Realtor! I listen to what you have to say and I'm dedicated to put your real estate needs first to find you the best possible solution for your particular situation.
Trained by one of the best Realtors and Companies in the industry/valley, I will deliver quality and professional service.
When I work with you, I'm your Friend and Realtor for life. Success to me is being there to help you achieve your Real Estate goals and dreams!
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
