TIJ & the Casa Crew Reports That Arizona Growth Bodes Well for Phoenix Real Estate Market
After compiling historical information from a number of data sources, TIJ & the Casa Crew report that Phoenix Arizona real estate continues to enjoy growth in three key areas tied to the real estate market – population, employment and personal income growth.
In a time when good news about the Phoenix AZ real estate market is few and far between, homeowners and long-term real estate investors can rest a bit easier knowing that Arizona’s growth is still going strong after five decades. Between 1950 and the year 2000 Arizona has ranked 5th or higher in the nation in all of the aforementioned key indicators, which indicates the future of Phoenix Arizona real estate is still bright.
“The reason these indicators are so important is because economic and personal income growth fuels population growth in the area,” explains Justin A. Lombard, President of ‘Trust In Justin and the Casa Crew’. “It makes our state more attractive to non-residents, and high population growth is always critical for a healthy, sustainable real estate market.”
Other important statistics that were uncovered by the Casa Crew is that the median sales prices for homes on the market is holding strong although there is a much larger inventory. The prices are only down an average of roughly $7,000 from what homes were selling for in May of last year. In fact, the current prices have even risen since the market peaked in 2005. These factors help indicate that the values of the properties are not going down due to the recent real estate down turn.
While most experts agree that the long-term outlook for Phoenix Real Estate in the greater Phoenix area is favorable, today’s home sellers are still facing challenges. For these sellers, TIJ & the Casa Crew have developed Five Building Blocks for successful home sales in any market.
“We understand that many sellers are frustrated with the current state of the market, but there are many things they can do to increase the chances of prompt sale,” says Lombard.
These five steps include: right-on pricing, stand-out staging, aggressive marketing, diligent follow-up, and smart negotiating.
“If you follow these simple steps and hire experienced real estate agents to help you, I am confident that you will still be able to sell your home no matter what the condition of the market is currently,” says Lombard.
‘Trust In Justin and the Casa Crew’ is a Phoenix AZ real estate firm Specializing in new and used phoenix homes for sale and Phoenix condos for sale. Justin Lombard is the president of the company, and he heads up a team of real estate consultants, each of whom is committed to providing their clients – be they buyers or sellers, with best-in-class services for both buyers and sellers of Phoenix Arizona Real Estate.
To learn more about any of the information summarized above, please read the full report.
Contact TIJ and the Casa Crew at 602-509-7809 . 6991 E. Camelback, Suite D-105 Scottsdale, AZ 85251. firstname.lastname@example.org