November 15, 2024 4:29 am
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Buyers in metro Phoenix housing market are seeing better times

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By Catherine Reagor | Arizona Republic

It’s still a sellers market in metro Phoenix, but buyers are gaining ground.

Valley home prices are holding steady, instead of climbing as they did last February. At the same time, the number of homes for sale is up.

The combination is making it a bit easier for buyers trying to purchase more affordable homes priced below $300,000.

“Buyers now might be competing with three other offers compared to 15 last year,” said Tina Tamboer, senior housing analyst with the Cromford Report.

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