For the second month in a row, Phoenix now sits at No. 4 on the Case-Shiller index, showing a 26.6% year-over-year- increase in home price growth in June.
Tampa, Miami and Dallas reported the highest year-over-year gains with 35%, 33% and 28.2% price gains, respectively., principal and senior economist for Scottsdale-based Elliott D. Pollack & Co., said Phoenix is trending toward a buyer's market with recent price declines and increased inventory to choose from.
"Prices are still high, but because demand has cooled substantially, sellers are adjusting prices downward," Court said. Meanwhile, mortgage rates have been trending upward again and pushing closer to 6% than 5%, where it was hovering at the beginning of August — negating home price declines, he said.
"We're certainly teetering on a buyer's market, but I do believe it's a balanced market," said the luxury real estate agent."If the stock market does take a beating, then we could see a real downturn. But I don't anticipate that. I still feel we're in a balanced market.
เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:
ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว
Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้
Waymo introducing rider-only service on downtown Phoenix streets - Phoenix Business JournalPassengers who are have become Waymo One Trusted Testers — the autonomous vehicle company’s name for its early research users — will be able to use “rider-only mode” to get around Phoenix streets. It's been long enough nobody remembers the girl that got ran over. no PXG
แหล่ง: phxbizjournal - 🏆 254. / 63 อ่านเพิ่มเติม »
Leading Ammo Inc. investor outlines plan to take over board, revamp business - Phoenix Business JournalA boardroom showdown is brewing at Scottsdale-based Ammo after the ammunition company's leading shareholder said he would nominate an entire new board of directors. The news comes just weeks after company officials had announced a plan to split the business into two new entities.
แหล่ง: phxbizjournal - 🏆 254. / 63 อ่านเพิ่มเติม »
Building out electric vehicle infrastructure will help Arizona's economy - Phoenix Business JournalIn this guest column, an Arizona CEO who is looking at adding electric vehicles to his company's commercial fleet, looks at the potential effects of the proposed expansion of the state's EV charging infrastructure system.
แหล่ง: phxbizjournal - 🏆 254. / 63 อ่านเพิ่มเติม »
Hermès to open its first Arizona store at Scottsdale Fashion Square in 2024 - Phoenix Business JournalThis is the first Arizona showroom for the Paris-based fashion brand and retailer that sells men's and women's clothing, shoes, jewelry, fragrances, make-up, home and outdoor decor and more.
แหล่ง: phxbizjournal - 🏆 254. / 63 อ่านเพิ่มเติม »