February 2023 AZ Real Estate Market update!
An Arizona Real estate market update for February 2023. The market has turned into a slight sellers market.
📈 Real Stats on why our Real Estate market in Arizona is so strong. Expect prices to continue to rise, not as many multiple offers, and fewer contingencies.
Supply & Demand: Supply is all of the properties; demand is all of the humans. The relationship between supply and demand dictates pricing in all sectors. There are influences that solely impact supply or demand, but those influences do not directly change sales prices. Mortgage interest rates influence demand and buyer behavior, but it does […]
January 2021 – Arizona Real Estate Market Update
Please click the video for an explanation of the charts, or click here. Lets get into it. Employment: The national unemployment claims through December increased slightly. Not enough to change it from 6.7%. Last week’s preliminary numbers show another increase in initial claims. The people with the lowest levels of education and the lowest income […]