Give it a little time and I’m virtually certain I’ll have hard numbers to match. In the interim we’ll need to settle for the anecdotal. And what the anecdotal evidence is saying is interest in the Phoenix real estate market seems to be picking up.
As always, it’s almost certainly price dependent – my recent clients have been looking primarily in the sub-$100,000 price range – but all of a sudden the one thing that had almost never happened in 2010, having to write multiple offers in order to secure a house, is starting to happen. And homes my folks are finding on line are going under contract before we have time to act.
It’s not universal and it’s not so pervasive that it’s impossible to buy. It simply means a little different strategy is in order, which happens now and again. Nothing in the Phoenix real estate market, hell nothing in life, is constant. We view what’s happening around us, adjust and move on.
And so we shall …