Real Estate News for Phoenix Buyers, Sellers, and Investors

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Today we are here to answer the question “What’s been going on in the Phoenix residential real estate market?” The answer really depends on whether you are looking to invest, buy, or sell.

If you’re an investor and you already own a rental property already, now is a great time to buy another. Rental rates are continuing to go up across the board and vacancy is at an all-time low.

If you are a buyer or seller, the strength of the market depends on which price range you are looking in. In the $300,000 and below range, we are in a seller’s market. In the $300,000-$600,000 range, we are in more of a balanced market. In the $600,000+ range, we are in more of a buyer’s market. However, there are pockets in each price range where there is a lot of inventory, and you can still get a great deal on a home in Arizona.

If you want to know more about those pockets or what’s going on in your specific area, give us a call or send us an email. We look forward to speaking with you!

The Best Time to Sell in Phoenix

Looking to buy in Phoenix?  Get a full home search, 

Looking to Sell in Phoenix?  Get a free home value report

Lately, a lot of people have been asking, "Should we put our home on the market now, or should we wait until after the holidays?" In other words, when is the best time to sell?

Ultimately, it really depends on what's going on in your neighborhood and how many homes are currently on the market. Most people wait to list until after the holidays, which means your property will face more competition once the holidays are over.

We try to evaluate whether we can position your home better during the holidays since there is less competition. Buyers look for the property with the best amenities for the lowest price, and with fewer homes on the market, your property could be just the one they're looking for.

If you have any questions, give us a call or send us an email. We can help you figure out if now is the best time to sell. We look forward to hearing from you!