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Phoenix Housing Market Report December 2013

 
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Ron Wilczek



Joined: 19 Dec 2009
Posts: 111
Location: Phoenix Metropolitan Area

PostPosted: Sun Jan 12, 2014 7:10 pm    Post subject: Phoenix Housing Market Report December 2013 Reply with quote

The Phoenix Housing Market continues to teeter on the edge of a buyers market. Inventory and foreclosure levels are virtually normal but demand is down. There's no clear indication which way things may turn. On one hand there is a new lending program to help people without a savings account and on the other hand there's still concern from the general population about the direction of governmental policies.



The Cromford Market Index (*see explanation below) is at 96.4 to begin January 2014, up from 95.8 in the beginning of December. So let's take a look at the numbers in the Phoenix Housing

Phoenix Housing Market



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Source: Phoenix Homes and Foreclosures
Current information on Phoenix homes for sale and Phoenix foreclosures. Market conditions.
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