We need new homes built to help create a fluid market again, but the cost of building a finished lot and a house has to be mumbai escort massage aligned with what buyers can afford, he reiterates.
Stapp explains that foreclosures often damage neighborhoods whereas with the other choices, homes are not abandoned.
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And capital groups setting up shop in Phoenix is not a bad thing, Bielli says.
But his view is the Phoenix market has not plateaued and will continue to rise until more sellers are tempted to sell.
September 2017 average sold price in Phoenix AZ was 293,085 compare to 283,529 a year ago.