Business
Elevate Your Lifestyle: Discover the Latest Trends in Real Estate
As 2023 draws to a close, local real estate trends are beginning to take shape. Recent data from the Cromford Report highlights the importance of relying on regional insights for accurate market assessments.
This localized approach challenges the pervasive negativity circulating about the housing market. Sales in Scottsdale have remained consistent this time of year over the past three years, indicating stability.
Meanwhile, Cave Creek is on track to finish the year on a positive note, showing signs of improvement compared to 2023. Factors contributing to this upswing include increased inventory and a resurgence of seasonal buyers, often referred to as “snowbirds.”
Looking ahead, there is a sense of optimism for the 2025 real estate market. Many are hopeful for a vibrant year, bolstered by the return of buyers and continued inventory growth.