Is the market getting better?
I’ve had my clients asking for months now how will we know when we’ve hit the bottom pricing. That’s not an all or nothing question because it depends on location and sometimes even neighborhoods. I have areas of 85382 here in Peoria that has shown signs of increasing and other areas in that zip code that hasn’t.
So one of my comments have been “if we wait for the media to start talking about how it’s getting better we might be on the way up”. We’ll the media last week started to pick up on the market conditions and it’s amazing…they are saying good things about it.
Here’s a few videos that were released this week-
http://abcnews.go.com/video/playerIndex?id=6799577
http://abcnews.go.com/video/playerIndex?id=6801655
http://www.cbsnews.com/video/watch/?id=4767376n%3fsource=search_video
Are we at the bottom? Can’t say for sure but I know things are heating up in certain areas! For more information about this read my blog at www.ThePhoenixRealEstateAdvisor.com
