Home Buying in Buckeye>Question Details

Pam, Other/Just Looking in West Phoenix Estates,...

Looking to buy a house around Buckeye, do you think the market will go down in the fall to winter?

Asked by Pam, West Phoenix Estates, Buckeye, AZ Thu Apr 26, 2012

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The people here may want you to buy, but as a fellow home buyer I say buy NOW also. The market is going back up already in Buckeye, AZ. Look at the statistics and see for yourself. Waiting is risky, mortgage loan rates are at about a 30 year low. Demand is high. This should give us a hint twards future trends.
0 votes Thank Flag Link Tue Jul 17, 2012
All the people in this blog want you to buy now!
0 votes Thank Flag Link Fri Jun 29, 2012
NOW is the time to buy...do not delay longer, or you may pay more than you have to. Buckeye has had one of the largest jump in price in the area... 20% over last year.
0 votes Thank Flag Link Thu Apr 26, 2012
Pam,
the real estate market traditionally slows down around the November-December holiday season. There is a lot of demand for properties and not enough inventory yet ... I will agree with the other responses below, I don't believe prices will go down in the fall to winter season. they have gone up 20% February to March ...and looks like the trend will continue in the next couple of months.
Steffy
480-966-9353
Web Reference: http://www.talktosteffy.com
0 votes Thank Flag Link Thu Apr 26, 2012
Hi Pam,

My short answer is NO.

Based upon what I see we are back on our way up. There may be some ripples, but nothing drastic. I analyse properties for investor groups so I really look at the market daily. I live in Buckeye and know the market well. Now is a great time to buy. Homes are affordable.

Call me and I would loove to answer your questions in depth.

Mike Nicolai
(623) 224-9994 Direct
0 votes Thank Flag Link Thu Apr 26, 2012
Hi Pam:

While there are variances within any real estate market, the Phoenix market is one of three markets in the country which experienced price increases this past month. We led the nation with 3.5% increase. It is the fifth straight month of appreciation. I read an article yesterday from a national analyst who is predicting 6.5% appreciation for Phoenix homes over the next year.

NO ONE can predict the future, but we appear to have hit the bottom of the bubble burst and are now doing what Phoenix does best: Growing. With this much sunshine, it is hard to keep people away.

Good luck. Let me know if I can help you with financing that new home. Bill.
0 votes Thank Flag Link Thu Apr 26, 2012
That's called speculation and I think it won't due to low inventory and low mortgage rates. Bottom of the market has come and gone and NOW supply is way low and demand is high.
Buy Now!!!!

Regards,

Andrew Texidor
Team Texidor at Solutions Real Estate
http://www.TeamTexidor.com
http://www.AndrewKnowsTheValley.com
http://www.MLSBuckeye.com
http://www.MLSGoodyear.com
602-909-9414
0 votes Thank Flag Link Thu Apr 26, 2012
thank you
Flag Thu Apr 26, 2012
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