Strike While the Market’s Hot in Phoenix

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Should you wait to make an offer on a new listing?

You need to look first at what’s going on in the market. As of right now, the Phoenix market is pretty hot. If you’re looking for a home under $350,000 that’s upgraded and priced correctly, the home’s going to sell relatively quickly. If a home just came on the market, you may want to get in there before there’s multiple offers or other interest. "As a buyer, you’ll probably have to show strength in your offer."
When doing so, you always want to make a fair offer. Today, the market favors the seller a little bit, so a fair offer means you’re probably going to have to give up some things. As a buyer, you’ll probably have to show strength in your offer. For a stronger offer, provide more earnest money, a bigger down payment, or ask for fewer concessions.

We’re happy to answer any questions you have as either a buyer or seller, just give us a call.