It’s looking like 2011 is going to be kind of a “normal” year. Well, I guess there’s no such thing as a normal year but it certainly looks like things are NOT going to get worse… unless maybe if you’re a home buyer. Phoenix area home buyers face the risk of rising interest rates this year and maybe next year, rising prices.
It’s always interesting watching the Phoenix real estate market. You never know what’s going to happen!
Of course, the end point of the inventory line is March 15, not February 15, as I said in the video. Sorry about that!
March 18, 2011 by Realtor John Wake
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John Wake
Born in Phoenix, trained as an economist and now a licensed Realtor, John uses hard data from the real estate market to help his clients -- buyers and sellers of residential real estate -- uncover their best choices for finding the right home or finding a buyer for their current home.
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