Metro Phoenix’s luxury market shifting to buyers again

By Catherine Reagor, The Arizona Republic

The luxury house market in metro Phoenix is beginning to shift again toward buyers as more owners of houses priced $500,000 and higher try to sell.

The number of houses for sale priced between $500,000 and $1 million in Phoenix’s Biltmore and Arcadia areas, Paradise Valley, Scottsdale, Carefree, Cave Creek and Fountain Hills has climbed 50 percent in the past year, according to the latest Walt Danley Realty report done with Arizona State University real-estate analyst Mike Orr.

Continued:

If you’d like to discuss real estate matters, contact Rose Law Group founder Jordan Rose, jrose@roselawgroup.com

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March 29, 2014

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