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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 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!
