Memorial day to many REALTORS®, especially those of us in vacation destinations, holds a pretty significant place as an indicator of the upcoming Summer’s market performance. I think many this year were waiting with mixed anticipation not sure what to expect in the eve of a particularly hard winter.
I am pleasantly surprised. I have not crunched all the numbers to have a smooth sounding statistical analysis…but our market is much busier than it have been for quite some time.
I have 3 buyers this week that are qualified and have a real desire to buy. Those are the two main ingredients in my business! One of these said buyers actually put a contract on a home today in the middle of multiple offers!! Very strange.
Greg Swaan speaks of the current Phoenix market change in His article on BloodHoundBlog. I can echo some of his sentiments.