The rise in listings under contract in 2016 has been under-whelming so far. Comparing the last seven years for normal listings across Greater Phoenix we see the following growth since Jan 1 and Jan 24:
2016 = 21.2%
2015 = 29.9%
2014 = 33.6%
2013 = 34.9%
2012 = 36.1%
2011 = 27.4%
2010 = 20.3%
2009 = 18.0%
Surprisingly 2016 is the weakest start to the year since 2010.
2010 and 2009 did see strong growth in listings under contract, but this was confined to the lender owned listings that dominated the supply at the time, not normal listings which were badly neglected.
Author:Dave Zajdzinski Phone: 480-332-6468 Dated: January 26th 2016 Views: 97 About Dave: ...
Dave Zajdzinski and the Z TEAM bring over 15 years of real estate experience to home buyers and sellers throughout Arizona. We have helped hundreds of families meet their real estate goals and Dave is consistently ranked one of the top realtors in the Valley. As a Certified Distressed Property Expert, Dave specializes in short sale transactions as well as traditional home sales. The Z TEAM is small enough to be personal throughout your sale yet large enough to handle any need with great detail.
Another S&P/Case-Shiller® Home Price Index® report has been released
"I have personally known Dave Z for about 10 years. I referred Dave Z to my younger sister to help her short sale her home. Dave made the process easy to understand and successfully sold the home faster than we expected. THANKS FOR EVERYTHING!!!"