Valley housing market cooling faster, analyst says

By Paul Maryniak | Ahwatukee Foothills News

A leading analyst of the Valley’s housing market said the latest home sale data shows the market is cooling at an “astonishing and widespread” rate.

The Cromford Report last week observed that “buyers’ disadvantage in negotiations has dropped dramatically.”

“This is because there is much less competition from other buyers,” it noted. “Many of these have dropped out due to the eye-popping increase in mortgage rates. There are also many more homes to choose from compared with a couple of months ago.

READ ON:

Share this!

Additional Articles

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

News Categories