Over 9,000 homes sold in the greater Phoenix metropolitan area in each of the last three months. Approaching levels seen in 2005.
I just heard of a buyer who lost out on a Scottsdale home that was listed at $435,000, received multiple offers over list, and sold for $485,000 with the appraisal contingency waived.
Déjà vu. Sound like 2005 all over again.
Good news for home owners and sellers who are ready to see some appreciation.
Challenging for buyers, especially in the lower price ranges.
{ 1 trackback }
{ 0 comments… add one now }