AZ Economic & Real Estate Update 12/29/2021

In this 12 minute video, Lydia Wietsma and I discuss the latest in housing inventory, sales prices, and iBuyers impact on the market.

Persistently low inventory combined with above normal demand has driven a 30% median sales price increase this year. Will inventory increase in January? If the market follows past trends then yes. If the market continues like it did in early 2021 then maybe not. We will know more very soon.

Comments

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Discover more from the AZ market

Subscribe now to keep reading and get access to the full archive.

Continue reading