Sometimes predictions do not go as planned. I believe there were more than a few prognosticators who thought the Arizona Cardinals would win the Super Bowl this year – doesn’t look like the Cards are going to even make the playoffs. But, I have a prediction that comes from Realtor.com that predicts the Phoenix area will be the #1 real estate market in the United States for 2017. This is based on price gains and sales growth projections.
From the Phoenix Business Journal – “Phoenix is projected as the top housing market in the country for next year, according to a new forecast report by Realtor.com. The real estate group expects Phoenix housing to see price gains of 5.9 percent and sales growth of 7.2 percent.”
The Phoenix market ranks first, followed by LA and Boston. Read the full story here.
I’ll keep you posted on how things end up. As always if you’re interested in talking real estate please call me anytime at 480-205-0037 and have a great and prosperous 2017.