Yep, even the Phoenix real estate stuff, though it is buried under the earth-shattering and life-changing news about “the
latest new iPad” (apparently it’s real name) and Peyton Manning and a bunch of… people… trying to get elected.
While all that is going on, the Phoenix housing market is picking up steam.
Just ask anyone currently looking for a home in Phoenix.
Just ask any real estate agent with a listing. Or with buyer clients.
One of our agents activated a new listing last night at Midnight. She just told me the calls, emails and text messages from buyer’s agents started at 7:00am. And there is already an offer submitted on the home — that the potential buyer has never seen. That buyer agent is attempting to apply pressure for the seller to accept their offer; because they know more offers will be rolling in shortly.
It’s like 2005 all over again…
It’s crazy out there! Insanity. A veritable feeding frenzy.
One of our agents, Elizabeth Newlin, explains the current Phoenix real estate market in her post today, Top 10 Signs the Phoenix Real Estate Market Has Gone Bananas. It’s typical Elizabeth writing — funny as hell, and spot on.
Go read it.
And hang on, it’s going to be a wild ride!
Photo Credit: I’m a chiquita banana. By alibree on Flickr. CC Licensed.