After nearly two years of rapidly rising home costs, prices fell in January. In January, 2013, the median price of a new house in the Phoenix area was $260,000. In December, 2013, it had risen to $301,904. January, 2014 records the median sales price of a new home dropping to $290,795.
If you’re interested in a new home, it’s a great time to look!
Or, if you prefer an established neighborhood rest assured because home prices are still at a reasonable level! And, interest rates are still incredibly low!
Don’t go “shopping” without a REALTOR®, to represent you to ensure that you get treated fairly and to act on your behalf and protect your best interests. It doesn’t cost you a penny, the seller/home builder pays my commission.
If you are looking to buy or sell your home, let me help you! Contact me today and we can discuss how we can meet your goals, fulfill your dreams and paint your perfect picture.
Source: Arizona Republic, 3/2/14
