Is Phoenix Entering a Buyer’s Market?
The real estate market has seen steady price increases for years now. Unfortunately, signs point to these gains coming to an end. There’s a good chance that we’re entering a buyer’s market right now and it’s not just a momentary blip. Homebuilders are losing confidence due to affordability concerns, and 14% of all listings saw price cuts in June. What does this mean for buyers and sellers? To find out, watch my latest video.