In a world turned upside by a global pandemic amid a quickly changing economic landscape where laws of yesterday no longer apply — one law of business a part of the Arizona real estate marketplace remains true.
Real estate professionals, analysts and brokers agree the law of supply and demand continues to push residential property valuations north.
From corner to corner of the Valley of the Sun, real estate professionals say valuations are growing in some cases by more than 20% year-over-year meanwhile sales volume continues to grow.
