As predicted, our real estate market prices for the 2nd half of the year have stayed true to historical norms; fewer buyers during the summer, increasing slightly in the fall.
The buyer’s market of Phoenix is being driven by the ongoing short supply of inventory. The increasing inventory numbers have resulted in a larger number of seller price reductions
United Brokers Group’s August 2018 Mid-Month Market Update
UBG July Mid-Month Market Update: In the current, greater Phoenix residential real estate market, we have seen a slight increase in available homes due to our normal seasonal decrease in buyers.