According to Forbes’ Matt Woolsey, activity in the Phoenix real estate market has picked up over the last three months.
From the article …
“There’s a pretty active housing market, it’s simply at a lower-priced inventory,” says Michael Feder, chief executive of Radar Logic, a New York derivaties firm.
Radar Logic was the source of Forbes’ data.
Las Vegas tops the list of markets with the most activity over the past three months, followed by Sacramento, San Diego, Los Angeles and (somewhat improbably) Detroit.
The Phoenix real estate market is fifth on the list.