Inflection Point
It takes a really strong force to get the number of homes for sale to increase at a time of year when they usually decrease.
Conclusion. Prices may NOT increase this spring.
Total number of homes for sale (all home types) could match 2018 by the end of March
Phoenix Real Estate at a Glance
“Who is missing from AirDNA’s list of the ‘best places to invest in short-term rentals’ is telling”
No Arizona cities made this list. Is Arizona a “saturated” market for short-term rentals?
Flat Rents in Phoenix?
Only 9 of 50 metros had smaller rent increases than Phoenix last year, according to Zillow.
Click on the graphs to go to the full-size, interactive versions.
Notice how very small changes in New Listings and Solds eventually cause HUGE changes in the number of houses For Sale and house Prices (see graph above).
This information can vary a lot in different parts of metro Phoenix. Your real estate agent can find the data for your specific city or zip code at The Cromford Report.
Comments ⬇️