Discussions About The Phoenix Market
Posted by Artur Ciesielski on Thursday, July 14th, 2011 at 4:00pm.The spring and summer Phoenix home buying and selling season have been brisk with awesome numbers of homes selling and a dwindling inventory, leaving supply at a long time low.
Despite the brisk sales prices remain weak, not really succumbing to the dictates of market buzz. This trend may signal a weak market underpayment, meaning if supply ticks up prices may follow.
"W. P. Carey Professor Emeritus Jay Butler cautions that it’s still too soon to assume that this positive trend will continue."
Listen to a discussion with Jay Butler about the current trends and future prospects.
Artur Ciesielski | 602.492.8004
Artur is a Realtor and partner with inPhoenix Realty Group and an aspiring flaneur, currently in Phoenix or elsewhere when time allows, which is rarely. You can find him running up miles on this car, cycling the urban streets, in the office on Central or working at one of the many coffee shops in Central Urban Phoenix.
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