The Median Home Prices are inching UP↑ in Metro Phoenix!
The report for May 2018 shows the Median Home Price now exceeds $263k, up from a 5-yr average of $226k. The big reason?
Supply and Demand, of course! (We don’t even need to consult an ‘Idiot’s Guide to Real Estate’ to figure this one out!)
Have you been reading and hearing of new jobs moving to the Valley of the Sun? Hear of Californians getting fed up with ridiculous prices, crazy politics and suffocating commute times?
Yup, we hear it regularly too! And in our opinion it will not slow down any time soon. Where will it lead to?
And, as the Doctor tells Will Smith in I,Robot: “That is the right question!”
About: LRA Real Estate Group is a full service real estate company standing ready to assist with your residential and commercial real estate needs. Contact Bryan Watkins, Broker, @ 480.734.7878 or bryan@LRAphx.com for answers to all of your real estate questions.