The North Valley Team of Phoenix Arizona

  • Company
  • Services
    • Resale Homes and Land
    • Property Management
    • Real Estate Investment
  • Search Homes
    • Search Desert Ridge Homes
    • Search Moon Valley Homes
    • Search McCormick Ranch Homes
    • Search Scottsdale Homes
  • Loans
    • Home In 5 Loan Program
    • Home Plus Loan Program
  • Blog
  • Contact

Is This a Good Time to Buy Phoenix Real Estate

May 3, 2012 by inVIVO realty Arizona

Just like many other potential Phoenix home buyers, you may be wondering if now is a good time to buy Phoenix real estate.

If I could successfully speculate where the Phoenix real estate market was going to be in three years, I would be aggressively planning my retirement launch party. However, I can tell you what we are seeing as far as significant changes in home buying across the Greater Phoenix Valley.

Across the board, if a home is in a centrally located and highly desirable area, and the home is priced at or below current market, buyers and investors alike are moving quickly and homes are contracting at a much more rapid rate than they were even 12 months ago.

Buy Phoenix real estate or search phoenix homes for sale.

We have a residential rental market that has been moving as if there is a huge shortage of good rental property meant to house couples and small families. We are seeing strong cash buyers come in and purchase rental property up to the mid $300,000 range with long-term real estate rental contracts moving easily for as much as $2,000 per month.

So what does this mean? Well, if you are a Greater Phoenix home buyer and you are shopping for the standard three bedroom, two bath home under 2,000 square feet in size, and your price range is below $300,000, you may want to take a serious look at homes right now because those are the homes that are selling and with the large number of cash transactions coming into the Valley buying up that particular type of Phoenix real estate, there certainly seems to be a strong enough foundation to support current equity levels (within that lower price range).

Also remember that we are approaching the time of year where we experience the greatest number of closings. With school summer breaks quickly approaching, the number of buyers of Phoenix homes for sale should increase substantially over the next four months.

Contact us if you are contemplating a buy or sell of Phoenix real estate so we can get you the latest real estate closing data; you can see for yourself, how homes are moving in different areas and at different price levels across the Phoenix Valley.

Filed Under: General North Phoenix Real Estate Blog Posts Tagged With: buy, buyer, estate, home, investor, market, phoenix, property, real, rental, sale, sell

FOLLOW US

Follow Us on FacebookFollow Us on TwitterFollow Us on LinkedInFollow Us on YelpFollow Us on RSSFollow Us on E-mailFollow Us on WordpressFollow Us on Google+Follow Us on Manta

SIGN UP FOR PHOENIX REAL ESTATE UPDATES

Stay connected and receive updates about Phoenix real estate...

DESERT RIDGE HOME SALES

2023 Desert Ridge Home Sales
2022 Desert Ridge Home Sales
2021 Desert Ridge Home Sales
2020 Desert Ridge Home Sales
2019 Desert Ridge Home Sales
2018 Desert Ridge Home Sales
2017 Desert Ridge Home Sales
2016 Desert Ridge Home Sales
2015 Desert Ridge Home Sales
2014 Desert Ridge Home Sales
2013 Desert Ridge Home Sales
2012 Desert Ridge Home Sales

MOON VALLEY HOME SALES

2023 Moon Valley Home Sales
2022 Moon Valley Home Sales
2021 Moon Valley Home Sales
2020 Moon Valley Home Sales
2019 Moon Valley Home Sales
2018 Moon Valley Home Sales
2017 Moon Valley Home Sales
2016 Moon Valley Home Sales
2015 Moon Valley Home Sales
2014 Moon Valley Home Sales
2013 Moon Valley Home Sales
2012 Moon Valley Home Sales

MCCORMICK RANCH HOME SALES

2023 McCormick Ranch Home Sales
2022 McCormick Ranch Home Sales
2021 McCormick Ranch Home Sales
2020 McCormick Ranch Home Sales
2019 McCormick Ranch Home Sales
2018 McCormick Ranch Home Sales
2017 McCormick Ranch Home Sales
2016 McCormick Ranch Home Sales
2015 McCormick Ranch Home Sales
2014 McCormick Ranch Home Sales
2013 McCormick Ranch Home Sales
2012 McCormick Ranch Home Sales

NORTH SCOTTSDALE HOME SALES

2013 North Scottsdale Home Sales
2012 North Scottsdale Home Sales
2011 North Scottsdale Home Sales
2010 North Scottsdale Home Sales
2009 North Scottsdale Home Sales
2008 North Scottsdale Home Sales
2007 North Scottsdale Home Sales
2006 North Scottsdale Home Sales
2005 North Scottsdale Home Sales
Google

FOLLOW US

Follow Us on FacebookFollow Us on LinkedInFollow Us on YelpFollow Us on RSSFollow Us on E-mailFollow Us on WordpressFollow Us on Google+Follow Us on Manta

CONTACT

inVIVO realty Arizona Real Estate
16211 N Scottsdale Rd, Ste A6A-289
Scottsdale, AZ 85254

+1 (480) 788-6473
info(at)arizona.invivorealty.com
www.inVIVOrealty.com

  • Company
  • Services
  • Search Homes
  • Loans
  • Blog
  • Contact

Privacy Policy  ·  Website Terms of Use  ·  Powered by VINNOV Technologies
Copyright © 2023.   inVIVO financial LLC.   All Rights Reserved