As Of Right Now There Are 13064 Active Single Family Home Listings In Maricopa County

Dated: 06/17/2015

Views: 654

As Of Right Now There Are 13,064 Active Single Family Home Listings In Maricopa County!


Inventory levels have hit the lowest levels in years! Total properties in the entire MLS number less than 20,000. If there has ever been a stronger indication of the fact that it is a seller's market this is it. Real estate, like anything else, is all about supply and demand. There is demand...the supply is down. 


What does this mean?


If you are looking to buy be prepared for the quickly moving market by taking these important steps:


1. Get pre-qualified!

I can't stress this one enough. The time to be getting all you ducks in a row regarding your home loan is before you find the right house. If you wait in a market like this you will be hard pressed to get a pre-qualification together fast enough to make an offer before the other buyers who are looking for a similar home and already have their pre-qualification form in hand.


2. Don't wait...

If you see the right house, don't wait days before reaching out to see it. If it is new on the market you may lose out. 


3. Leave Fear at the Door

Multiple Offer situations can seem scary, but there are things we do as agents to help your offer be competitive, even in a sea of offers. If you are buying in the under $275,000 range you will most likely face multiple offers - don't let fear derail your home buying plans. The market doesn't dictate why you are moving, you do! 


4. Be realistic!

Getting a deal doesn't necessarily mean buying under list price especially right now. With inventory levels so low and demand so high, in the lower price points that isn't going to happen unless the property is overpriced to being with. 


Finally, interest rates and prices still make buying more affordable than renting in our market! 

Happy House Hunting!


Latest Blog Posts

Is Buying Cheaper Than Renting

Buying Is Now 33.1% Cheaper Than Renting in the USThe results of the latest Rent vs. Buy Report from Trulia show that homeownership remains cheaper than renting with a

Read More

4 Tips For Effectively Making An Offer

4 Tips for Effectively Making an OfferSo, you’ve been searching for that perfect house to call a ‘home,’ and you finally found one! The price is right, and in such a competitive market, you

Read More

Investing In Your Future

Gallup: Real Estate is Best Long-Term Investment 4 Years Running Every year, Gallup surveys Americans to determine their choice for the best long-term investment. Respondents are

Read More

Home Ownerships Effect On Tax Returns

Tax Return Depressing? Owning a Home Could Help Thursday April 20th, 2017  First Time Home Buyers, For BuyersMany Americans got some depressing news last week; either their tax

Read More