1. All 17 cities in the Phoenix area are in a Sellers market. (Multiple offers, less concessions, higher prices, waiving contingencies, etc)
2. Home prices bottomed in Dec of 2022 and are making steady appreciation gains for the last 6 months due to lack of inventory available for sale.
3. Rates are likely to come down later this year. That means more competition for buyers as more people are able to qualify to purchase the same home now.
Get in while you can & talk to your trusted mortgage or real estate professional about a long term strategy for how to acquire, grow, manage, and leverage your real estate investments.