More homes are hitting the market and sellers are taking less than they originally sought — signaling the beginning of a shift out of the “crazy” housing market,” according to industry experts.
Tina Tamboer, a housing analyst with the Cromford Report, said the housing supply in the Phoenix area has seen a recent increase after hitting historic lows because more people are putting their homes on the market, she said.
Some sellers want to take advantage of their home’s appreciation while it’s on the high side, she said.
