The Arizona housing industry is constantly on the look sluggish but there does seem like couple of sun rays regarding coming. Phoenix and Tucson, particularly have experienced prices stabilizing which is great news for prospective buyers. The times of frenzied buying activity, multiple bids are gone as people will not jump to the property ladder at any cost. Realism has joined the marketplace. Home sales are lower and the amount of days a house is available on the market has elevated.
Confidence is coming back towards the market because the nightmare scenario predictions for 2006 unsuccessful to materialize. The marketplace did not crash and also the economy remains strong. Individuals who were postponing their purchases believe that this is actually the proper time to create their investments. Sellers need to remain patient as houses that are properly priced and therefore are attractive continue to be selling. Arizona realtors are tolerant of the outlook for 2007 and even though we will not see double digit growth rates, you will see elevated activity in 2007.
Some suggestions for sellers
Cost – Possibly the most crucial factor when selling your house. Believe that the marketplace has joined a brand new phase which you are not getting the costs which were standard a couple of years back. You will find less buyers around and much more option for them. Homes that are priced sensibly will still sell but remember that buyers are more inclined to negotiate hard now.
Entrance Charm – First impressions are key and individuals usually make their first impressions inside the first thirty seconds. Brighten in the front of your property and garden. Spend just a little additional time on planting new flowers, painting the leading door and clearing any rubbish which may be laying around.
Do It Yourself – Nowadays, buyers are less inclined to desire a ‘fixer-upper’ so finish all individuals little jobs that you have been intending to circumvent to and spend some time to create small enhancements to your house.
Clutter – Many people don’t want to see piles of CDs or books so tidy them and provide your house a great clean as this gives an excellent impression of the areas making them look more spacious
Sellers will have to be patient and work that bit tougher for a purchase but don’t forget that Arizona realtors are reporting that, realistically priced homes continue to be selling.