I know this will be hard for some to believe but there is evidence that Phoenix is experiencing a mini sales boom. In January 2008 there were 2,912 homes sold and last month, December 2008, there were 5,514 homes sold, that means a 90% increase in homes sold in 2008. FYI, last month wasn’t the highest month either, just check out his chart.
Even in this economy and all the gloom and doom coming from the media the Phoenix area is not the only city experiencing this boom. In fact, according to this article from REALTOR®.org there are at least 9 others, here, read the article for yourself, its short. You can find it here.
Max Pigman, Vice President of REALTOR®.com said, “There is more opportunity in this market than there has been in the last 30 years, for buyers and sellers.”
I agree and I think a 90% increase in one year proves that quite a few other people believe it too.
Funny thing, Patrick – I was just thinking about this very topic this morning. While I could tell the Phoenix market was performing and houses were selling, it’s nice to see some statistics to back it up. This is definitely a great time for opportunity in the Phoenix area. – Calie