Millennials buoyed by home prices; others not so much.

Elliott Pollack
Elliott Pollack

By Don Kirkland | Wrangler News

Home sellers in and around Tempe and West Chandler seem to be cashing in on market conditions that have sent prices soaring.

At the same time, buyers seeking homes in the $350,000 range or lower can find themselves hitting a stone wall because of a severe lack of availability.

All this is going on as Valleywide population is predicted to increase by another million residents within the next 10 years, with forecasters calling this the best growth market in the U.S.

Realtors see the remarkable conditions emerging as metro Phoenix becomes one of the nation’s most desirable destinations, especially for millennials.

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