Real Estate Market Update of Phoenix Area – Beginning of December 2011
Most of the supply and demand numbers were rather boring in November. All the excitement was concentrated in the pricing action. In this, October and November have been the opposite of the previous 12 months where there were massive changes taking place in supply but not much of interest going on in pricing.
To start with, let us look at the ARMLS data across all areas and types:
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| Scottsdale attracts winter visitors and second home buyers from all over the U.S. and Canada.
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