In the midst of the crazy current housing market, with Phoenix Metro area real estate topping the list on bidding wars and price increases, Realtors are routinely posed with the question…are we facing a bubble? Well, we hate to burst your bubble, naysayers, but experts agree, all signs point to Phoenix remaining a strong market and a very desirable place to live!
Yes, we’ll continue to see the market level out as interest rates creep up and inventory increases, but home values are not predicted to drop and the demand for resale homes and rentals in the Valley of the Sun remains among the highest in the country.
If you’re thinking of buying, selling or investing, you’re definitely in the right place at the right time! For more information on your home’s value or purchasing a residence or investment property, give me a call!
Phoenix Real Estate Expert Says Housing Bubble Not Likely To Occur
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