Just published is the July issue of the AZ Journal of Real Estate & Business. In my article I have two new tables showing trends. The first one shows how single-family homes in Greater Phoenix were purchased by price range. it shows if the purchase was by cash, conventional loan, FHA or VA loan. This table also shows the estimated months of supply by price range.
The second table shows by price range if
there was or was not a seller concession. This table also shows a range of concession amounts. For example, for sales from $700,000 to $799,999, 38% had a seller concession. Thirteen percent of all sales in this price range had a seller concession from $10,000 to $19,999. This information is helpful when negotiating a contract.
Arizona School of Real Estate & Business : July 2024 Issue (mydigitalpublication.com)
Fletcher R. Wilcox
602.648.1230
Fletcher.Wilcox@russlyon.com
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