Tag: Inventory
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Scottsdale Falling Inventory For Single Family Homes
Real estate like any market is basically about supply and demand. Sure government incentives and other outside influences can effect the sentiment and dynamics of the marketplace but eventually prices will be determined by the supply of homes versus the demand of buyers. Scottsdale as you an see from the chart above the inventory in […]
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Are Slowing Foreclosures Tightening the Supply of Housing Inventory in Arizona
Inman News is reporting that a slowdown in banks initiating foreclosure proceedings in five of the states hit hardest in the housing decline may be leading to falling inventories. Arizona In Arizona, foreclosure filings were down 6.5 percent from April to May, to 6,066, a 34.3 percent decline from a year ago. Sales to third […]