Phoenix real estate in January: Sales up 9%, inventory down 6%

Phoenix real estate

By Bill McBride |calculatedriskblog.com

This is a key distressed market to follow since Phoenix saw a large bubble / bust followed by strong investor buying.

For the fourteenth consecutive month, inventory was down year-over-year in Phoenix.

The Arizona Regional Multiple Listing Service (ARMLS) reports (table below):

Continued:

Phoenix real estate

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