Valley home prices going up, up and away
by Paul Maryniak | Ahwatukee Foothills News
The steadily high demand for homes is sending desperate buyers in search of new houses instead of resales – but they shouldn’t expect developers will take any offer that comes along.
So says the Cromford Report, which closely monitors the Valley’s housing market.
“With the chronic shortage of re-sale homes, many buyers are turning to new-builds,” Cromford said last week. “Here they will not face multiple offers, but they may well find some builders are not accepting contracts except for homes that are near completion.”
