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Housing

‘Baby’ homebuyer’s market could hit the Valley next month

November could be advantageous to potential Valley homebuyers as supply is expected to continue rising.

As a result, homebuyers could have momentum swing their way as the housing analyst predicts the Valley will enter a “baby buyer’s market” next month, according to Tina Tamboer of the Cromford Report in Phoenix

The fourth quarter is traditionally slow and it’s been “slower than normal” so far for this time of year, she said. The pace is slow in part because of the positive jobs report released by the Arizona Office of Economic Opportunity on Oct. 17, Tamboer said.

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