Tag Archives: increasing prices

Dramatic Cooling off Causing Switch to Buyers’ Market

According to Michael Orr of ASU/WP Carey School of Business, the change in market balance accelerated during October reaching a shocking pace we almost never see. Only in the second half of 2005 have we seen demand drop at this exceptional speed. Demand has been falling dramatically for the past 3 months and October saw […]

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Is the Phoenix Housing Finally Back to Normal?

According to Arizona State University, the Metro Phoenix Housing Market finally has the appearance of being more “normal”, with rising home prices, waning investor involvement & dwindling foreclosures & distressed properties across the Valley. After many months of chronic shortage of available inventory, it is even looking like a more balanced market as well, with […]

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Is the Time to Move Now???

  Throughout the Phoenix Metro Area, home prices are some of the highest in the US as a result of buyer demand and low supply.  Prices are expected to continue to increase, which is welcome news to homeowners who may be considering selling their home.  According to Michael Orr, ASU real-estate analyst, home-sale prices in […]

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