Real Estate

Queen Creek buyers, sellers face challenges in July

New construction may provide buyers with incentives that resellers cannot offer.

Special to Independent Newsmedia/Arianna Grainey

Some clouds are forming over Queen Creek’s housing market that are affecting buyers and sellers.

“Several external factors are influencing Queen Creek’s housing market right now, with affordability and mortgage rates among the biggest. Rates remain in the upper 6% range, which has reduced purchasing power and caused some buyers to be more cautious about making a move,” said Sammy Glassman, board president of Phoenix Realtors, a local association for Valley Realtors.

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Queen Creek buyers, sellers face challenges in July

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