Housing Market Update | NOVEMBER 2024

Welcome to our November 2024 Phoenix housing market update! In this video, we’ll dive deep into why the current real estate climate in Phoenix has shifted to a buyer’s market and what this means for prospective homeowners and investors.

🏡 Key Highlights:

Current Trends: Discover why the Phoenix market is favoring buyers, with somewhat lower mortgage rates giving shoppers increased purchasing power. However, rates did bump back up slightly from our last update, so tune in to learn what is driving that.

Advantages for Buyers: Learn about the benefits of buying in a balanced market, including more negotiating room, reduced competition, and better pricing.

Expert Insights: We’ll share strategies to make the most of this market, whether you’re a first-time homebuyer or looking for your next investment property.

Economic Context: Understand the local economic factors influencing the market, including recent mortgage trends and housing inventory levels.

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Daniel Brown is the Founder, CEO, & REALTOR® at Myriad at My Home Group. Located in Central Phoenix, Myriad serves clients throughout the Phoenix metropolitan area.

Website: http://www.MyriadAZ.com/
Facebook:   / myriadrealestate  
Daniel's Instagram:   / dannybrownaz  
Myriad's Instagram:   / myriadaz_