November 24, 2024 1:11 pm
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Homebuyers hit a wall in Ahwatukee

By Paul Maryniak | Ahwatukee Foothill News

The top analyst of housing market trends in the Phoenix Metro Market last week sounded the alarms for homebuyers in 2021 that can be boiled down to one word: desperate.

The Cromford Report said that while January is normally the best month for new listings to come on line, the shriveling inventory of both resale and new homes is reaching historic lows. That includes Ahwatukee.

“Since the turn of the year we have been closely watching to see if the arrival rate of new listings would improve and make the supply situation somewhat easier,” Cromford said last week.

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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.