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For the overall real estate market in most areas of Arizona, the Seller’s Market conditions continue. A low inventory of homes for sale continues and sales remain consistent. The shortage of listings has created higher competition, contributing to an overall increase in median price.
See more detailed information in the reports below:
Tucson and Southern Arizona End of Year Market Report
Phoenix, Central and Northern Arizona End of Year Market Report
How To Simply Increase Your Family Wealth By Paying For Housing
Everyone should realize that unless you are living somewhere rent-free, you are paying a mortgage – either yours or your landlord’s. Buying your own home provides you with a form of ‘forced savings’ that allows you to use your monthly housing costs to increase your family’s wealth.