Working hard to "CEIL THE DEAL"

Ceil Mills
HomeSmart Real Estate
Phoenix, AZ

623-308-7291
ceilmills@cox.net

Thursday, July 12, 2012

Things are heating up again!

Not only is the weather here in the Phoenix area heating up, but the housing market continues to heat up as well.  The lack of inventory of homes currently on the market with more and more Buyers looking to purchase here has created a "hot" market.  Multiple offers above list price are becoming the norm.  We continue to see out of state/country "cash" investors scooping up the lower priced properties that normally would go to first time home buyers that need to finance.  While nothing is impossible, Buyers need to be prepared for stronger negotiations, longer wait time for responses from Sellers and possible discouragement with 1 or more rejected offers.  Hang in there!  With a persistent REALTOR that has your best interest in mind, perhaps looking at various types of homes may be necessary or a different location.