November 17, 2024 10:34 am
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Home sales: Competition intense in west Pinal

Home sales
Home sales
Photo by Steven King:Dispatch

By Kevin Reagan | Casa Grande Dispatch

Competition among homebuyers is mounting in western Pinal County as the supply of houses can’t keep up with demand.

Arizona State University’s W.P. Carey School of Business reported the number of homes for sale under $200,000 in central Arizona is falling, whereas demand for all price ranges has risen since February.

The number of listings in May 2015 was 19 percent lower than the number reported the same time last year. The housing shortage is causing buyers to be more aggressive, placing bids as soon as a house is put on the market.

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.