Prescott AZ Real Estate Market Improvement
This springtime brings good news that the Prescott AZ real estate market is improving.
Toll Brothers Inc. reported on Wednesday that more springtime buyers have left deposits on new luxury home community orders.
Since late March, Toll Brothers Inc. have been noting an increase of deposits during seven of the past nine weeks in comparison of the same weekly figures from 2008. This news may be coming as a result of low interest rates and falling home prices that are boosting the Prescott AZ real estate market to improve, despite a weak economy and rising unemployment.
Tim Anderson, a Prescott AZ real estate agent can answer any other questions you may have about what this Prescott AZ market improvement means to Prescott AZ home sellers. Please contact him by email or at 928.308.9595.
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Comments
According to ListingSupply.com, the supply of AZ homes for sale has been dropping considerably over the past few months. I’ve even read that PHX is down to 5 months of supply. I think the simple decrease in supply will help stabilize prices.