December 21, 2024 9:02 pm
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Hot Phoenix housing market cooled in pandemic, but kept going

Photo by Hubble Ray Smith / Daily Miner

By Catherine Reagor | The Republic

Metro Phoenix’s housing market slowed quickly in the early days of COVID-19 but is showing signs of bouncing back.

New listings and home sales cancellations climbed in March when many homeowners and homebuyers were worried about making mortgage payments as unemployment soared.

The Valley’s real estate industry didn’t stop though. Real estate agents, mortgage brokers, title agencies, home builders, appraisers and home inspectors donned masks, gloves and figured out how to keep home sales going during the health and economic crisis.

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© 2024 Rose Law Group Reporter

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.