Are Housing Prices Heading Down? Scary Stories Don’t Match The Numbers

July 27, 2010 by Kristin LaVanway · Leave a Comment 

The Housing Market May Look Grim In Your Area, But It’s Pretty Competitive Here in Phoenix

After reading a recent article on HousingWire.com, I am scratching my head. The article predicts that housing prices are heading down. But, here in Phoenix, we are seeing sustained activity in a very competitive market.

As a buyer, you may consider articles like this when developing your bidding strategy but these stories can be very misleading. Articles that paint a broad picture of market trends are completely useless when looking at a local real estate market which depends on local activity and the price range you are considering.

Be wary of articles, rumors and gossip that give the impression of a swap meet when you are really operating in a competitive real estate market.

About Kristin

I am a Realtor in Gilbert, AZ, working with clients throughout the Phoenix Metro area. I am lucky to love what I do and appreciate the difference I can make in people's lives. In a previous life, I was a rocket scientist - really! - but decided to step away from corporate America to be a Mom to my four boys. Found it hard to do bake sales, so I ran a small independent programming business instead. Flash forward...I am now a single mom and I face many, many challenges everyday. I am living through the hardships that many are facing in this economy. These experiences have motivated me to help other people in my shoes. I have teamed up with Dean Ouellette to form the East Valley Team - the best darn team in the Valley. Check out our site at http://www.EastValleyTeam.com. I spend way too much time on YouTube - check ou tmy channel at http://www.youtube.com/klavanway

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