Signs
of upturn for Phoenix housing market
The Phoenix housing market is showing signs of improvement, even generating bidding wars among buyers for lower-priced homes. Now, "We list a property and, within two or three days, we have multiple offers," says Keith Krone of Keller Williams Realty in a Phoenix suburb. While frustrating for buyers attempting to get homes at rock-bottom prices, it's a healthy sign of healing in a market scorched by the housing bust five years ago, say local Realtors and real estate experts. The area's January home sales were up 8.1% year-over-year.
Read article - USAToday
The Phoenix housing market is showing signs of improvement, even generating bidding wars among buyers for lower-priced homes. Now, "We list a property and, within two or three days, we have multiple offers," says Keith Krone of Keller Williams Realty in a Phoenix suburb. While frustrating for buyers attempting to get homes at rock-bottom prices, it's a healthy sign of healing in a market scorched by the housing bust five years ago, say local Realtors and real estate experts. The area's January home sales were up 8.1% year-over-year.
Read article - USAToday
