Inventory Hits a New High | Phoenix Real Estate Market Update
Inventory hits a level we haven't seen in 14 years in the Phoenix area! We now have a normal level of inventory, and demand can't keep up. This new level means we no longer have a housing shortage in the Phoenix metro area - something we haven't seen in years. If demand can't keep up with supply, home prices will eventually fall. Will we get there?
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Caitlin McKeague
Broker Associate | BRBR679010000