Reading the newspapers and listening to the television it may not seem readily apparent that homes are still selling. But they are. It sometimes may seem you are the only party interested in a property. You’re probably not.
Another of my buyers had a house bought out from under them; they’re the fourth in the past month to six weeks to have this happen. The builder dropped their prices on Friday. By Monday, the house they were focusing on already had been sold.
If you’re looking to buy real estate here in Phoenix, you need to know there are others who are looking as well. When there’s a reduction in price the natural assumption is there will be more. And there just may be. But there also may be buyers waiting for the price point reached, not the next one in line.
[tags]Phoenix real estate, Phoenix new builds[/tags]