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Вміст надано Kevin Langan. Весь вміст подкастів, включаючи епізоди, графіку та описи подкастів, завантажується та надається безпосередньо компанією Kevin Langan або його партнером по платформі подкастів. Якщо ви вважаєте, що хтось використовує ваш захищений авторським правом твір без вашого дозволу, ви можете виконати процедуру, описану тут https://uk.player.fm/legal.
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What's in Store for the Phoenix Market in 2017?

 
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Manage episode 169577341 series 1319564
Вміст надано Kevin Langan. Весь вміст подкастів, включаючи епізоди, графіку та описи подкастів, завантажується та надається безпосередньо компанією Kevin Langan або його партнером по платформі подкастів. Якщо ви вважаєте, що хтось використовує ваш захищений авторським правом твір без вашого дозволу, ви можете виконати процедуру, описану тут https://uk.player.fm/legal.
Today I've got a forecast for the Phoenix real estate market in 2017 that I wanted to share with you. Certain types of buyers entering the market could have a significant impact on Phoenix next year.

Want to sell your home? Get a FREE home value report
Want to buy a home? Search all homes for sale

Today I wanted to take a moment to give you my forecast for the Phoenix real estate market in 2017.

According to 247WallStreet.com, 50% of home buyers in 2017 will be first-time home buyers. That will put a lot of pressure on the entry-level price point of $250,000 and under. For that reason, I expect this price point to stay very competitive with multiple offers on homes.
If the stock market keeps improving, I think the luxury market will take off.
New construction sales will continue to increase and will be a large part of the move-up buyer midrange marketplace. The stock market continues to climb after the election; 20,000 points is a new all-time high. If this continues in 2017, I think the luxury market will take off with company owners and shareholders receiving more dividends and having more cash available, making them able to purchase bigger homes.

I predict that interest rates will climb gradually in 2017. I don't think we'll see any sharp upticks, but they will go up slightly.

So what does this mean to you as a buyer or seller in the Phoenix market?

As a first-time buyer, you'll really need aggressive representation to compete in multiple offer situations. As a seller, you'll also need an aggressive agent to be able to market your home, generate a bidding war to get you the highest possible price, and handle all the offers.

If you have any other questions about buying or selling a home or about the market in 2017, give me a call or send me an email soon. I'd love to help you!
  continue reading

24 епізодів

Artwork
iconПоширити
 
Manage episode 169577341 series 1319564
Вміст надано Kevin Langan. Весь вміст подкастів, включаючи епізоди, графіку та описи подкастів, завантажується та надається безпосередньо компанією Kevin Langan або його партнером по платформі подкастів. Якщо ви вважаєте, що хтось використовує ваш захищений авторським правом твір без вашого дозволу, ви можете виконати процедуру, описану тут https://uk.player.fm/legal.
Today I've got a forecast for the Phoenix real estate market in 2017 that I wanted to share with you. Certain types of buyers entering the market could have a significant impact on Phoenix next year.

Want to sell your home? Get a FREE home value report
Want to buy a home? Search all homes for sale

Today I wanted to take a moment to give you my forecast for the Phoenix real estate market in 2017.

According to 247WallStreet.com, 50% of home buyers in 2017 will be first-time home buyers. That will put a lot of pressure on the entry-level price point of $250,000 and under. For that reason, I expect this price point to stay very competitive with multiple offers on homes.
If the stock market keeps improving, I think the luxury market will take off.
New construction sales will continue to increase and will be a large part of the move-up buyer midrange marketplace. The stock market continues to climb after the election; 20,000 points is a new all-time high. If this continues in 2017, I think the luxury market will take off with company owners and shareholders receiving more dividends and having more cash available, making them able to purchase bigger homes.

I predict that interest rates will climb gradually in 2017. I don't think we'll see any sharp upticks, but they will go up slightly.

So what does this mean to you as a buyer or seller in the Phoenix market?

As a first-time buyer, you'll really need aggressive representation to compete in multiple offer situations. As a seller, you'll also need an aggressive agent to be able to market your home, generate a bidding war to get you the highest possible price, and handle all the offers.

If you have any other questions about buying or selling a home or about the market in 2017, give me a call or send me an email soon. I'd love to help you!
  continue reading

24 епізодів

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