Local Realtors Growing More Confident about Phoenix Real Estate Market

by Dru Bloomfield on April 27, 2011

Phoenix-realtor-subscriber-index-april-2011

Just published by the Arizona Regional MLS (ARMLS) – ARMLS Subscriber Confidence Index – April 2011.

Greater Phoenix real estate agents are growing more positive by the month. 

By a wide majority, agents who responded to the survey feel the local real estate market is better than it was six months ago, and will continue to improve in the next six months.

  • Present Confidence is 65.6%, up 20% from December 2010.
  • Current Subscriber Confidence Index is 71%, up 14 points in the last four months.
  • Expectation Confidence is 74.9%, up 16% over the same interval.

See the survey questions and read how these indices are calculated: ARMLS Subscriber Confidence Index – April 2011

More about the local real estate market: Greater Phoenix Real Estate

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