Amid uncertainty, downturn not helping homebuyers

AFN News Service | Ahwatukee Foothills News

While experts say it’s still too early to tell how the pandemic and resulting economic meltdown are affecting the housing market’s long-term prospects, no one seems to be advising buyers that better days are ahead.

The new pressure on available homes for sale is coming from sellers pulling their listings and waiting for better days.

And that’s keeping inventory tight and prices rising – though far more slowly than they were before the pandemic’s full force hit the Valley and the nation.

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