November 22, 2024 2:20 pm
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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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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.