“Supply has been increasing, meaning over last year and the year before, we’re listing more houses, but more importantly, demand is now decreasing because prices are still unaffordable,” said Valley Realtor Jeff Sibbach.

Valley realtor Jeff Sibbach reports there are more than 27,000 homes for sale in Arizona – an inventory he hasn’t seen in nearly 10 years. The realtor said supply is currently outpacing demand.

Welcome to your dream home! This stunning one-level residence offers an exceptional blend of luxury and comfort, situated on a private lot backing to NAOS land. As you approach, you’ll be greeted by the inviting paver driveway, walkway, and gated courtyard that set the tone for the elegance within. Step inside to discover spacious living areas adorned with 24″ tile and LED lighting throughout.

The development at the Phoenix-Scottsdale border would also include nearly 1,900 luxury rental units, 400,000 square feet of office space, retail, dining, dog park, and other gathering spaces.

Analysts assessed affordability as whether mortgage payments could be made, assuming a 20% down payment with a 30-year-fixed rate. They did not factor in closing costs, home maintenance costs and non-housing item costs, which all home buyers have to take into consideration.

If you are ready to take your real estate career to new heights and be a part of a winning team, we invite you to consider joining the Sibbach Team. Your skills and expertise would be a valuable addition to our already accomplished group of professionals!

In the fast-paced realm of real estate, setting Specific, Measurable, Achievable, Relevant, and Time-bound (SMART) goals is not just beneficial; it’s essential for sustained success.

It’s time to flip the script and take action. At the Sibbach Team, we believe in digging in and making those calls. We understand the power of reaching out to our leads and have seen business boom as a result.

It’s natural to feel comfortable in the familiar but to truly thrive, we need to embrace change and lean into success stories that inspire us.