November 22, 2024 4:20 pm
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Housing inventories low in Arizona City

This house is for sale in Arizona City, which currently only has 32 houses on the market. That is the lowest number in more than a decade./ Tanner Clinch/PinalCentral

By Tanner Clinch | Pinal Central

The inventory of houses on the market in Arizona City has shrunk, leaving only 32 houses on the market as of Thursday, about what realtors sell in a month’s time.

“It’s been a very long time since inventory has been this low, the difference is that before the crash you had new homes being built,” said K.C. Jones, broker and owner of RE/MAX A Bar Z Realty in Arizona city.

Following the crash in 2008, well over 300 homes would be on the market at any given time, according to Nancy Hawkins of Hawkins and Associates Realty. In recent years the average amount of homes on hand would vary between 100 and 150.

Continued:

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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.