Blog

As the competing housing supply continues to rise sharply, certain sales measures are expected to start changing rapidly.

Rising rates and low home inventory have created an unexpected homebuying race, keeping the market highly competitive–at least for now.

It’s the moment you’ve been waiting for, less competition and more supply in Greater Phoenix! Active supply is up 40% from this time last year.

Yes, a high offer price gets attention. But most sellers consider a variety of factors when evaluating an offer.

Currently, April 2022 closings to date have seen 57% of closings over asking price and a 22% appreciation rate compared to April 2021 thus far.

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