Phoenix Real Estate Moving Towards Buyers Market
Active listings are up 12.33% and sold listings are down 9% compared to this time last year. While the Months of Supply has increased to 2.82, the market is still leaning towards a seller’s market, especially in the lower price ranges below $200k.
Mortgage Rates Barely Move
Mortgage rates remained mostly unchanged this week, while mortgage applications rose 5.3 percent from the previous week. The general decline in rates we have seen recently, combined with rebounding pending home sales, hint at a strong spring homebuying season.
I am committed to helping sellers and buyers achieve their respective goals by providing them with the best market information, sales council, pricing strategy, and customer service possible, guiding them to the right decisions in today’s real estate market. I have many featured properties for every lifestyle. See all preferred listings here.
March Madness Client Appreciation Event
Because it’s been such a great start to 2019 and to express my sincere appreciation to you, please accept my invitation to our Client Appreciation Event! Enjoy food, drinks, and fun watching the March Madness basketball games.
Friday, March 22 ~ 4-7 pm
Gallagher’s Sports Grill
3220 E Baseline Rd #100
Phoenix, AZ 85042
Feel free to bring a friend, we look forward to seeing you!
Additional details to follow.