Phoenix Metro Area Resale And New Homes

In November of 2007 there were 3,280 resale Phoenix  Az metro homes that were sold. Which was down from 3,610 in October. And November 2006 wasn't a good comparison, but there were 5,040 resales then. Phoenix AZ Real Estate home prices continued to go down. The median price of an existing metro Phoenix AZ ...

A BUYER’S MARKETThe Phoenix residential real estate market has currently become a “BUYER’S MARKET”.  Our definition of a “buyer’s market” is when an over-supply condition exists, causing supply to have a greater impact on the market than demand.  The characteristics of a buyer’s market ...