Phoenix inventory drops 48%
Realtor.com just released a survey showing that the Phoenix metro has had the 3rd largest drop in year over year inventory levels among the largest US metros. I and many other agents have talking about this for quite a while. Almost all my clients offers are up against multiple offers each time, sometimes dozens of offers. See Inman's article on this report here.
I have been talking about this for some time now, and those actively seeking a new home right now, know all about this. If you have been thinking about getting into the market as a buyer, you need to have a conversation about this now so that you can be properly prepared. I'll be happy to help
Sincerely,
Adam Tarr PC
Citywide Real Estate
Phoenix, AZ 85050
www.WeAreAZRealEstate.com