Market In A Flash

Dated: 12/20/2019

Views: 153

The Phoenix Market remains strong!

Housing starts increased more than expected in November, and permits for future construction hit a 12-1/2-year high. Housing starts jumped 13.6% year-over-year.
Despite inventory shortages in some areas and an unexpected dip in November, existing home sales still rose 2.7% from a year ago.

Seniors who own a home saw housing wealth grow by 0.3% in the 3rd qtr, equating to $24 billion. The increase brought senior housing wealth to a record high of $7.19 trillion.

Call us today for your complimentary Real Estate Consultation, 602-353-7375! 

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Matt Pennington

Matt has been a licensed Real Estate Broker since 2003 and with American AllStar Realty since 2005. Matt lives and loves real estate, especially assisting Buyers and Sellers in residential transaction....

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