April 19, 2024 6:30 pm
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More homes are being listed in Phoenix than anywhere else in the U.S.

By 12 News

PHOENIX — All over the Valley, a growing number of “for sale” signs signal a change in the housing market.

According to data from the Cromford Report, there is a 156% increase in the number of homes on the market compared to last year.

According to RE/MAX, Phoenix saw the largest increase in the number of homes for sale this year.

“That is something we have not seen in a very long time,” said Tina Tamboer, a senior housing analyst with the Cromford Report.

The increase in available homes is the most the Valley has seen since before the Great Recession.

“We are in a market that seems to be balancing out,” Jeremy Fierstein, a real estate agent with West USA Realty, said.

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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.