Stability In A Goldilocks Housing Market Is Just Right

Dated: 12/11/2014

Views: 5346

As I study the market trends of the Queen Creek and Gilbert housing markets, I am reminded of this reminiscent tale of a fickle, hungry little girl wandering around. At first not satisfied with a "Too Hot" market, she passes on to the next phase, a "Too Cold" market, before finding the one that was "Just Right".  Welcome to our present day housing market everyone; JUST RIGHT!!!   As we know historically, the market stability is typically rated based on the number of available homes for sale vs. the number of closed homes in a market. If we have 7 or more months of inventory available, we are certainly looking at a Buyer's Market; flipping the pendulum, if we are sitting at less than 3 months of available inventory, the sellers' get market advantage. At this point in time, our market holds approximately five and a half months of current inventory listed for sale, making it Just Right.
   Either side of the market you're on, it's a great time to look at your options! If you would like to speak to a reputable lender, ready to help you know your buying power, or find out what your home is worth in the current market,  contact me today!

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Aaron Stradling

Aaron Stradling is a native of Arizona. Having been born and raised in the valley, Aaron knows what is unique and special about the area. His background in real estate began at an early age with his f....

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