{"id":2292,"date":"2019-04-25T21:26:57","date_gmt":"2019-04-25T21:26:57","guid":{"rendered":"https:\/\/www.gentryrealestategroup.com\/buylowazteam\/?p=2292"},"modified":"2019-06-21T05:13:04","modified_gmt":"2019-06-21T05:13:04","slug":"phoenix-hot-real-estate-market","status":"publish","type":"post","link":"https:\/\/gentryrealestategroup.com\/buylowazteam\/phoenix-hot-real-estate-market\/","title":{"rendered":"Looking to buy a home in the Phoenix West Valley area? Experts say now is the time."},"content":{"rendered":"<p>Phoenix West Valley real estate professionals say the area\u2019s already \u201chot\u201d real estate market looks like it\u2019s going to get even \u201chotter.\u201d<\/p>\n<p>According to a recent report by the I Arizona Regional Multiple Listing Service (ARMLS), 8,344 Valley homes sold in March 2019, with median selling prices about $267,000. The upcoming peak months of March, April, May, June, and July are expected to continue the trend.<\/p>\n<p><a href=\"https:\/\/www.gentryrealestategroup.com\/buylowazteam\/files\/2019\/04\/GENTRY_hOT_MARKET_bLOG_HOUSE.png\"><img fetchpriority=\"high\" decoding=\"async\" class=\"wp-image-2295 aligncenter\" src=\"https:\/\/www.gentryrealestategroup.com\/buylowazteam\/files\/2019\/04\/GENTRY_hOT_MARKET_bLOG_HOUSE.png\" alt=\"Phoenix hot real estate market\" width=\"572\" height=\"391\" srcset=\"https:\/\/gentryrealestategroup.com\/buylowazteam\/files\/2019\/04\/GENTRY_hOT_MARKET_bLOG_HOUSE.png 800w, https:\/\/gentryrealestategroup.com\/buylowazteam\/files\/2019\/04\/GENTRY_hOT_MARKET_bLOG_HOUSE-300x205.png 300w, https:\/\/gentryrealestategroup.com\/buylowazteam\/files\/2019\/04\/GENTRY_hOT_MARKET_bLOG_HOUSE-768x525.png 768w\" sizes=\"(max-width: 572px) 100vw, 572px\" \/><\/a><\/p>\n<p>For homeowners who are considering selling, now is a good time. With quick turnarounds and new developments under construction, the Valley is experiencing a healthy market it hasn\u2019t seen in years.<\/p>\n<p>Plenty of employment opportunities in Phoenix keeps people from other parts of the country flocking to Phoenix in record numbers, which feeds the area\u2019s strong real estate market.<\/p>\n<p>Buyers needn\u2019t worry about the market tanking as it did a decade ago during the nationwide housing crisis. Experts say that the circumstances leading up to the 2008 crash did not reflect today\u2019s economic and<a href=\"https:\/\/www.gentryrealestategroup.com\/buylowazteam\/phoenix-job-growrh\/\"> job-growth based activity.<\/a><\/p>\n<p>While the growth of Phoenix\u2019s real estate market in recent years is expected to plateau eventually, experts say there is no risk of a repeat of the 2008 crash.<\/p>\n<p>Home sellers who want to achieve top dollar in this healthy housing market are advised to take some key steps toward achieving that goal:<\/p>\n<p>\u2022 Make sure the home\u2019s curb appeal is top notch<br \/>\n\u2022 De-clutter, deep clean, add fresh coats of pain and replace old carpet<br \/>\n\u2022 Stage the home to maximize interior space<br \/>\n\u2022 Take high-quality photos of the home and property\u2019s best features to include with your listing<\/p>\n<p>Potential buyers in this market should come prepared with a checklist of must-have features they need in their new home and have their funding lined up so they\u2019re ready to bid without delay when the right property becomes available. Buyers should be completely prequalified, not just preapproved.<\/p>\n<p>Buyers should also resist submitting lowball offers on properties that are perfectly suited to their needs since chances are there will be multiple offers at full price or higher.<\/p>\n<p>People who are considering buying a home in the Phoenix but are waiting for prices to dip should consider that interest rates right now are pretty low\u2014about 4 percent. If home prices go down, interest rates could go up, so it\u2019s important to weigh the potential options carefully.<\/p>\n<p><a href=\"https:\/\/www.gentryrealestategroup.com\/buylowazteam\/files\/2018\/01\/EQUAL_HOUSING_OPPORTUNITY_LOGO2.png\"><img decoding=\"async\" class=\"alignleft size-full wp-image-1176\" src=\"https:\/\/www.gentryrealestategroup.com\/buylowazteam\/files\/2018\/01\/EQUAL_HOUSING_OPPORTUNITY_LOGO2.png\" alt=\"Equal Housing Opportunity\" width=\"150\" height=\"150\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>Phoenix hot real estate market<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Phoenix West Valley real estate professionals say the area\u2019s already \u201chot\u201d real estate market looks like it\u2019s going to get even \u201chotter.\u201d According to a recent report by the I Arizona Regional Multiple Listing Service (ARMLS), 8,344 Valley homes sold in March 2019, with median selling prices about $267,000. The upcoming peak months of March, [&hellip;]<\/p>\n","protected":false},"author":78,"featured_media":2294,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[3,4],"tags":[15,55,109,20],"class_list":["post-2292","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","category-social-media-post","tag-arizona-real-estate","tag-arizona-real-estate-trustee-auctions","tag-phoenix-hot-real-estate-market","tag-phoenix-real-estate"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Phoenix hot real estate market | Gentry Real Estate Group<\/title>\n<meta name=\"description\" content=\"Phoenix hot real estate market: experts say say the area\u2019s already \u201chot\u201d real estate market looks like it\u2019s going to get even \u201chotter.\u201d\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Phoenix hot real estate market | Gentry Real Estate Group\" \/>\n<meta property=\"og:description\" content=\"Phoenix hot real estate market: experts say say the area\u2019s already \u201chot\u201d real estate market looks like it\u2019s going to get even \u201chotter.\u201d\" \/>\n<meta property=\"og:url\" content=\"https:\/\/gentryrealestategroup.com\/buylowazteam\/phoenix-hot-real-estate-market\/\" \/>\n<meta property=\"og:site_name\" content=\"AZ Foreclosures | Foreclosure Listing AZ | Buy Low Arizona\" \/>\n<meta property=\"article:published_time\" content=\"2019-04-25T21:26:57+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-06-21T05:13:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/gentryrealestategroup.com\/buylowazteam\/files\/2019\/04\/GENTRY_hOT_MARKET_MEME_4-15-2019.png\" \/>\n\t<meta property=\"og:image:width\" content=\"400\" \/>\n\t<meta property=\"og:image:height\" content=\"300\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"spencercaldwell\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"spencercaldwell\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/gentryrealestategroup.com\\\/buylowazteam\\\/phoenix-hot-real-estate-market\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/gentryrealestategroup.com\\\/buylowazteam\\\/phoenix-hot-real-estate-market\\\/\"},\"author\":{\"name\":\"spencercaldwell\",\"@id\":\"https:\\\/\\\/gentryrealestategroup.com\\\/buylowazteam\\\/#\\\/schema\\\/person\\\/f2f8cdcb97d7a01827f25989dbf48edb\"},\"headline\":\"Looking to buy a home in the Phoenix West Valley area? 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