Long Realty Housing Reports
Real estate is local. Market conditions can vary greatly by area and price point. Find out how the market is doing by you with my Long Realty Housing Report.
Arizona Housing - State of the Market Report
The housing market in Arizona continues to shift, most recently from a seller's market to a more balanced one. Inventory of homes for sale has risen and prices have flattened. We expect the housing recovery to continue into 2014 at a slower pace compared to the past two years.
Is Housing Returning to a Balanced Market?
One of the best gauges of whether a housing market is considered a buyer's market, a seller's market or a balanced market is Months of Inventory. This measurement shows the relationship between active listings (supply) and closed sales (demand), and essentially tells us how long it would take for the current inventory of listings to sell at the current sales rate.