Are Housing Prices Heading Down? Scary Stories Don’t Match The Numbers

Housing price news nationally does not match East Valley reality

East Valley Team memberKristin LaVanway talks about how the recent reports on housing prices does not match reality in the East Valley real estate market

After reading a recent article on HousingWire.com, I am scratching my head. The article predicts that housing prices are heading down. But, here in Phoenix, we are seeing sustained activity in a very competitive market.

As a buyer, you may consider articles like this when developing your bidding strategy but these stories can be very misleading. Articles that paint a broad picture of market trends are completely useless when looking at a local real estate market which depends on local activity and the price range you are considering.

Be wary of articles, rumors and gossip that give the impression of a swap meet when you are really operating in a competitive real estate market.

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  1. [...] VALLEY, AZ Are Housing Prices Heading Down? Scary Stories Don’t Match The Numbers East Valley Team memberKristin LaVanway talks about how the recent reports on housing prices does [...]

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