It appears that owners and buyers are aware of our current, tight market conditions and yet continue to feel both positive about and confident in their local real estate market as a good investment.
What you need to know to make a better real state decision in May
Over the past several years, the real estate market has seen consecutive years of declining “for sale home inventory”, both new build and existing.
Phoenix Real Estate Market Update for April 2018: The market will continue to get tighter, sales prices will continue to go, up and interest rates (although plateaued) are not going down.
So, is it a good time to sell? Absolutely, however, you might first want to ask yourselves several additional questions. Why am I looking to move? New home look and feel? Geographic change due to job, or personal choice? Downsizing to a smaller home?