Wednesday, September 22, 2021 8:05 pm

Is Maricopa real estate market cooling off?

By Brian Petersheim | InMaricopa

Mother Nature is turning up the heat in Arizona this summer but is the real estate market finally cooling off?

Maricopa real estate been crazy over the past year. That is not in doubt when you consider:

  • Buyers requiring financing are being outbid by cash offers – even over asking price.
  • A shortage of construction materials is forcing builders to quote up to a year for delivery of a home.
  • The pandemic had sellers not wanting strangers in their home and buyers not wanting to view homes in person.

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