What’s Really Going on in the Phoenix Real Estate Market?

I bet this real estate market update for the Greater Phoenix area will surprise you! The media wants to try to scare you, but the numbers don’t lie. In spite of higher mortgage rates, higher inflation and bank failures, most cities in the Phoenix area are now officially back in a sellers market. On top of that home values have increased every month for 4 straight months!

Mortgage interest rates alone cannot affect home prices. What DOES affect home prices is supply and demand taken in combination. Watch here to find out how all those pieces fit together right now in April 2023.

What's Really Going on in the Phoenix Real Estate Market - April 2023

Subscribe to my new YouTube channel to make sure you don’t miss any future market updates. I also will be posting weekly with tips for homebuyers, tips for home sellers, tips about investing in real estate to build wealth, neighborhood tours, and information about living in Scottsdale and Greater Phoenix suburbs, including things to do, places to eat, drink, local attractions, best hiking spots and more.

Also, find me on:

Tiktok: @beckykitsonrealtor

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