Welcome again to my channel! At the moment’s video is all concerning the present actual property scenario within the Southeast Valley and Phoenix, Arizona.
We’ll be delving into the newest knowledge – from rates of interest and foreclosures to gross sales and lively listings, we’ve bought you lined. For potential consumers and sellers, understanding this knowledge could make all of the distinction in your decision-making course of.
Right here’s a sneak peek at some highlights:
– Rates of interest are on the rise with most foreclosures within the final week taking place at 6.5%.
– Gross sales in April hit 7,500 with a mixture of money, typical, FHA, and VA financing.
– Lively listings are shrinking, down from 12,000 in April to 9,000 in Could.
– The typical days in the marketplace are reducing dramatically – excellent news for sellers!
– Dwelling values are on the rise as we hit the favored shopping for season.
– Should you’re a vendor, bear in mind: the appropriate value and correct staging could make all of the distinction.
– For consumers, even with the present rate of interest flux, it’s nonetheless time to think about moving into the market.
Whether or not you’re considering of shopping for or promoting, I’m right here to assist strategize and navigate via this thrilling market.
As at all times, if in case you have any questions or want recommendation in your actual property journey, be at liberty to succeed in out to me.
Benefit from the video and don’t neglect to subscribe for extra actual property updates!
Shawna Jones, RealtyOneGroup – your go-to professional for all issues actual property within the Southeast Valley and Phoenix space.
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Originally posted 2023-05-21 17:58:37.