Starting your Phoenix area waterfront home search
Not all Phoenix waterfront property is created the same. Some residential lakes provide ample room for pontoon boats and kayaks, while others have been characterized merely as canals. So do all lake subdivisions allow boating? Do some lakes allow fishing while others do not? And what about the water quality, do all lakes receive water from the same source? Which Phoenix cities have the most lake subdivisions and waterfront homes? If you are curious about any of these questions, read on.
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How 2013 ended and where is the market going in 2014?
The past 2 years have provided Phoenix area homeowners with double digit gains, and the market has been in the sellers’ favor. But with higher prices and more sellers looking to take advantage, the balance between buyers and sellers is shifting. Distressed sales (short sales and foreclosures) which were a favorite of investors continue to see significant decreases. Are foreclosures coming back? Will more houses sell in 2014? How long will it take to sell a home in 2014? Are inventory levels still low? Continue to read for answers to these questions.
Continue reading “2014 Real Estate Market Update”