The Phoenix-area housing market in 2010 settled into a pattern of activity that, while it could hardly be described as normal, at least kept home prices relatively stable, according to the latest Valley Home Values data.  Demand for homes came from more diverse sources, including first-time homebuyers, out-of-state residents looking for winter-home bargains and investors seeking revenue from home rentals and resales.  There were signs in a number of communities that home prices began to find more solid footing in 2010, particularly in Phoenix and parts of the West Valley, where post-peak declines in value were the most immediate and severe.

What does this mean for buyers and sellers in Phoenix, Arizona?  Things are looking up!  More buyers are buying, more people are looking for winter homes.  So, if you are unsure if this is a good time to buy, it is!  And for those thinking about selling, the average home price has started leveling out so now is a good time to consider selling.

If you are considering buying or selling a home in or around Phoenix, Arizona, give me a call for a no-obligation consultation.  It will definitely be worth your time!

~Tonia