What's The Market Doing This Week (May 24 2021)
What's going on now in the Phoenix real estate market? Check out the market update video from Blair Ballin of The Ballin Real Estate Team here!
Sure, active listings might be rising a little bit, and some data points have peaked but that doesn't mean there is a bubble, or prices are coming down.
Remember, 2 years ago we had triple the available inventory, around the same demand, and we were appreciating at about 10% annually. Unlike 2004-2008, this surge is caused by supply and demand, which does not equate to prices falling out of the sky like in the foreclosure boom.
To search for homes, or find out what your home is worth visit www.BlairBallin.com. Check out Blair's YouTube channel here. Remember to visit this website or channel for market updates, homes in Phoenix, homes for sale in Scottsdale, luxury homes in Scottsdale, homes for sale in Paradise Valley, and if you are moving from out of state, or relocating, downsizing, upsizing, looking for an investment, Blair can help you. We also work with buyers and sellers looking in North Phoenix, Blair is the best Realtor in 85028, and a top realtor in North Phoenix to work with.