The ups and downs of the real estate market can be dizzying these days if you are a buyer or seller, but there are something’s you can do to weather the storm according to Phoenix Realtors President Sheryl Bowden.
“Unfortunately the ups and the downs in this market are controlled by interest rates and inventory,” Bowden said.
Inventory is up these days in Scottsdale. The number of houses on the market for sale jumped about 29.7% to about 4.8 months of supply. A healthy market would have a six months supply on hand.
