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It's officially a buyer's market — here's how the homebuilding industry is handling it

Wednesday, October 19, 2022   /   by Juan Grimaldo

It's officially a buyer's market — here's how the homebuilding industry is handling it

The tides have turned. It's now a buyer's market for potential homeowners in Arizona.

Homebuilders are beginning to lower their base prices and offer incentives, said Steven Hensley, advisory manager for Zonda housing market research firm.

While the lowering of base prices isn't widespread today, it is occurring in certain submarkets across the Valley, he said.

To continue reading, click here.

By: Angela Gonzales - Reporter, Phoenix Business Journal

The Grimaldo Group
Juan Grimaldo
2403 N Pebble Creek Pkwy #101
Goodyear, AZ 85395
480-365-8346

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