“A real estate fiscal cliff? As it relates to the Arizona residential market, the notion is absurd. As we enter the spring selling season, buyer confidence is higher than it’s been in seven years. New home sales office traffic is up 38 percent year-over-year, at a time when supply is lower than during any period since 2005. Home demand is soaring and it will continue to soar with rising prices and 3 percent interest rates.”
~ In reaction to a recent local article,( Real estate still dangling on brink of ‘fiscal cliff’) residential real estate expert Jim Belfiore calls idea Arizona faces real estate fiscal cliff “absurd”
