Chandler, Mesa, and Gilbert AZ all have anemic housing markets😷There are more listings than buyers

Anemic😷 HOUSING 🏠market is really tiresome.🥸 The volume of homes on the Phoenix metro market is near our inventory average. So, home buyers have a decent number of homes to choose from.
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On the other hand, mortgage interest rates have a HUGE impact on housing affordability.
Those buyers who want to build equity by making improvements over time are in the best position right now. I suggest, and I've personally done this, you buy a mediocre home for an amazing price. Turn the mediocre into fabulous, then sell it in a few years. Take that appreciation and equity and roll it into a better home.
Owning a home is the only way you can get tax write-offs while paying down the loan for equity, and has the ability to increase in value over time (appreciation).
Licensed Realtor at Coldwell Banker Realty in Mesa, AZ. Equal Housing Opportunity.
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