For Buyers:


Greater Phoenix has a population of approximately 4.8 million people and 1.4 million single family homes, condos and townhomes in total inventory.  As of July 8th, only 8,579 of these units were available for sale through the Arizona Regional MLS.  If that...

The market is becoming so lop-sided it is approaching absurdity. Demand has recovered and is now close to normal in most areas. The bizarre situation is all to do with supply.  New listings remain stubbornly low, especially in the price ranges that are most popular wit...

...active supply was counted at just over 12,000 listings for all of Greater Phoenix.  This is down 32% from this time last year and excruciatingly low.

For Buyers:


Supply shortages created an environment of multiple offers and listings sold over asking price last month.  This is especially evident among listings between $125K-$250K where 26% sold over asking price in November compared to the overall percentage of 19%...