The Tale of Two Markets [INFOGRAPHIC]

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Some Highlights:

  • An emerging trend for some time now has been the difference between available inventory and demand in the premium and luxury markets and that in the starter and trade-up markets and what those differences are doing to prices!
  • Inventory continues to rise in the luxury and premium home markets which is causing prices to cool.
  • Demand continues to rise with lower-than-normal inventory levels in the starter and trade-up home markets, causing prices to rise on a year-over-year basis for 80 consecutive months.

About the Author

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Steve Davis

Steve Davis. Licensed Arizona Realtor with eXp Realty, The Davis Group. Board member with Phoenix Association of Realtors. Steve Davis has been a successful licensed real estate agent for over 30 years. Specializing in general residential real estate, luxury homes and new home construction in the Scottsdale, Phoenix, Cave Creek and Care Free markets.

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