Phoenix Real Estate Market Shows Continued Improvement

More positive news for the Phoenix area real estate market! Having a background in health promotion, we were constantly looking for signs and symptoms of disease and recovery - Well, leading indicators are pointing to favorable outcomes in the real estate as well.

In addition to near-record closed sales in the past couple of months, inventory - the number of listings or homes available for sale continue to drop, foreclosures are declining and prices are steady.  All point to signs of an upswing in the Phoenix area.  There's even talk that we could see increases in home prices and market value. 

Photo from Flickr courtesy of Seattle Municipal Archives