Some Phoenix Areas Seeing Annual Appreciation over 10% For Buyers: The supply shortage continues. Overall, supply is currently 30.7% below normal levels while demand is right where it should be for this time of year. As predicted, the market has cooled off seasonally giving buyers a slight break from the intense competition for existing homes. The slowdown is most … [Read more...] about Phoenix Area Market Report
Archives for August 2015
July 2015 Terravita Market Update
August 1, 2015 Terravita Mid Year Market Update Terravita sales make remarkable comeback in mid-2015 In an extraordinary reversal from last year at this time, Terravita sales are up 40 percent by mid-year in 2015—even after foreign investors have turned away due to the strong U.S. dollar. Prices have continued to rise all along, and inventory remains low. Terravita’s current … [Read more...] about July 2015 Terravita Market Update