By Terrance Thorton | Apache Junction/Gold Canyon Independent
While the world was turned upside down and economic engines came to a grinding halt as the COVID-19 outbreak unfolded, the Phoenix metropolitan housing market has remained steady.
In particular, certain pockets of the East Valley and central Phoenix are seeing typical sale prices, modest increases in valuations and a healthy seller’s market as Maricopa County continues to entice new residents.
Data provided to Independent Newsmedia reveal consumers held back on purchasing a detached, single-family home during the early months of the ongoing pandemic. But four months in, consumer confidence has returned, real estate experts agree.