April 24, 2024 5:26 pm
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Gilbert inventory rising – but so are home prices

By Mindy Jones | Gilbert Sun News

We’ve finally entered into the land of 100-degree digits and man, oh man, it’s hot.

Talking about the weather in Arizona is getting about as repetitive as talking about real estate with one exception: while the national news media is clear on what 100 degrees looks and feels like, you won’t get a single commentary that accurately describes the real estate market in Gilbert with any level of consistency across news channels.

The problem is not so much that people can’t pull the data correctly, but that the interpretations of the data are cloaked in a variety of different emotions based on historical trends, outlier experiences, or inaccurate connections between leading and lagging indicators.

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New home sales post solid gain in March

By NAHB Despite higher interest rates last month, new home sales rose in March due to limited inventory of existing homes. However, the pace of new home sales will be under pressure in April as mortgage rates moved above 7% this

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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.