The Market is Alive and Well
Happy September 2022!
The current housing market explained:
An increase of buyer demand for showings which is leading to offers.
Sellers are becoming more understanding that hiring the right professional that has the skill sets necessary to market and price their home properly is more important than the last couple of years. Overall, the market is balanced and it took a couple of months for everyone to adjust to the new norm.
Where are Home Values Headed?
Home value predictions show an overall increase for years to come, although we are definitely experiencing numerous price reductions in many parts of Phoenix metro.
What is causing the increased price reductions and days on market?
1. More inventory to choose from
2. Higher interest rates
3. Buyers are taking their time
New Listings on the Decline
If you are curious about any of this information or want to chat about your situation, please feel free to reply to this email or call me directly.
Events
Featured Listings
722 E SIPAPU DR, Gilbert, AZ 85297 $890,000
5 beds | 4.0 baths | 3,960 sqft | 9763 lot
Beautiful 5 bedroom home in the highly sought after community of Layton Lakes. Large second bedroom with ensuite bathroom perfect for multi-generational living or live-in childcare. .
THANK YOU to our community for bringing school supplies and gift cards to the August Food Truck Friday event. All donations went to a title 1 school in need.
Quote of the Month
“Your influence is determined by how abundantly you place other people’s interests first.”
― Bob Burg, The Go-Giver: A Little Story About a Powerful Business Idea
