By Paul Maryniak | San Tan Sun
One of the leading analysts of the Valley’s housing market said recently that homesellers’ position is improving but it also indicated they may be facing strong headwinds throughout the year from homebuilders and new home sales.
“The change is minimal but it is the first time since Jan. 18 that we have seen an improvement for sellers instead of a deterioration,” the Cromford Report said, calling Tempe and Avondale “primarily responsible” for a positive uptick in sellers’ position in the market. It added that its data also show Scottsdale and Maricopa have contributed a bit to the upward movement for sellers.
Looking deeper at its data for the 17 Valley submarkets it monitors, the Cromford Report said, “Chandler is so far ahead at the top of the table that it has no serious rival at the moment.”
