2023 Phoenix real estate market update

What Happened in 2023? Phoenix Market

Let’s sit back and take a look at what happened in 2023 in the Phoenix real estate market. There was a lot going on! Prices bottomed out at the beginning of 2023. Speculation on what the Federal Reserve was going to do was a daily discussion. Pundits were obliged to opine on what this would do to inflation and interest rates. Like I said, what a year!! And the big question, what did all of this do to prices and home sales. Buck up because that’s exactly what we’re going to discuss.

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Phoenix Real Estate Market Update

What happened in real estate this year? This year has been like the last couple of years in the Phoenix real estate market, loaded with change.  That’s the only constant.  We need to look at the 2023 Phoenix real estate market update YTD.  In particular, we are dealing with the effects of higher mortgage interest

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