Realty Executives Phoenix

Denise van den Bossche

Denise van den Bossche

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Still A Good Time to Buy a Home: November 2021

(Published on - 11/8/2021 2:59:03 AM)

Consistent with last month, the markets continue at a slower appreciation than earlier in the year, but continue the steady climb. Click HERE for this month’s 3 minute housing market update

In Phoenix, annual appreciation declined to 25% (from 39%) and Days On Market up to 10 days (from last month's 5). That's still pretty terrific and buyers from 6 or 8 or more months ago are loving the appreciation they have already seen on their homes. Will they eventually lose value? According to the experts, that is doubtful. 

 

Below are snapshots from this month's business press.

 

Phoenix Tops Nation in Appreciation October 2021Population Growth data from 2020 Census

 Interest Rates Continue to Climb

One thing remains constant and is even more true than ever: Your Home Equity is a significant asset in your portfolio and you deserve expert guidance.  Is Now a Good Time to Buy or Sell a Home? Call Denise 602-980-0737, celebrating a 36 year career in Arizona Real Estate. www.DeniseVDB.com

 

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