Phoenix boasts great weather and every activity under the sun. It’s no surprise that the housing market has never been better! We found this article on how Phoenix could be the best area for you to purchase or sell a home in 2017- especially for Millennials!
Can Phoenix live up to its number one housing market billing?
Written by Mike Sunnucks
Senior Reporter, Phoenix Business Journal
Brad Hunter, chief economist with Colorado-based HomeAdvisor Inc., said Phoenix has some advantages in 2017 compared to other markets.
At the top of that list is that most other big U.S. real estate markets recovered faster than Phoenix, which was hit hard by the last recession and crash. Phoenix has more room for improvement in prices than the likes of Denver and coastal markets that already have seen run ups.
“Phoenix started its recovery later,” Hunter said. “We had to rebound from a much deeper bottom.”
So Hunter expects healthy gains in 2017.
Read the entire article from the Phoenix Business Journal here.
If you’re interested in getting in on this hot market, please let us know! We would love to be your realtors for life. Contact us today!