Phoenix Real Estate

Kaushik Sirkar, Ph.D.
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Kaushik Sirkar

Are We Near the Botton in Phoenix?

A subtle reminder - I don't have a crystal ball.  But notice that sales have gone up every month this year....Jan, Feb, March.  Of course, that isn't uncommon to see a seasonal trend AND the sales #'s still don't approach those going back 5+ years.  But even more telling is the flattening out of median resale price the last couple of months after obvious drops for 6+ months.  If the median stays flat and doesn't go down further....then we are likely at the bottom of the market....
Published Tuesday, April 15, 2008 9:46 PM by Kaushik Sirkar

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