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May 22, 2023

Join Scott Kooiman, host of the State 48 Homeowner podcast, as he discusses the current state of the real estate market with Kraig Klaus with Klaus Team Real Estate Solutions and Steve Farrington from Unity Home Loans. They delve into the ongoing trend of decreasing active listings and increasing under contract properties, highlighting the impact of limited inventory on the market. The discussion touches on rising median sales prices, the changing dynamics between buyers and sellers, and the importance of having an experienced agent to navigate the shifting market conditions. Gain insights into the Phoenix housing market and understand why waiting for lower interest rates might not be the best strategy amidst rising prices and limited inventory. Stay informed and make informed decisions about buying or selling a home in today's real estate landscape.

real estate market, inventory shortage, rising prices, buyer challenges, Phoenix housing market, housing crash, interest rates, market trends, experienced agents, limited inventory, buyer leverage, buyer concessions, home appreciation, housing market dynamics, market shift.

#arizona #realestate #realestatemarket #foreclosures #interestrates #homeprices #homepriceappreciation