Several news stories have come out lately, both locally and nationally, projecting the Phoenix real estate market will be the strongest in the country in 2017 for both sales activity and price growth. This is big news for a market that experienced one of the largest crashes back in 2007. Of course, you have to take all of this with a grain of salt. If you remember, I posted a couple of stories last week that said we should get ready for the real estate bubble to burst again . . .
But conditions do seem to be promising. Whether you are on the fence about buying or selling your home, 2017 may be the best year for Phoenix real estate that we have seen in a long time. We will continue to keep you informed as more statistics and articles come up.
Here are a few articles discussing the topic:
Realtor.com: Phoenix will be No. 1 housing market in 2017
Phoenix projected as number one US housing market for 2017
What the Rise of Phoenix’s Housing Market Says About the U.S. Economy
