Phoenix new housing market stabilizing

Despite the constant news of doom and gloom from national media sources, the new housing market in Phoenix is showing signs of stabilization and even improvement. New home closings were up a little in March. As long as new home sales continue without a whole new set being dropped down, we will see the market start to pick back up again. Low interest rates, great prices and more will bring buyers back to the market. Think about looking into real estate if you haven’t before. Do your homework, talk to a realtor and keep your eye out for those great deals. There’s not better time to look for a home. You can view a full market report by Brian Richards of Coldwell Banker Residential Brokerage.