What Hyperlocal Markets are doing the best? 5-22-24
What hyperlocal markets are doing the best? Over the past week or so, I've had a couple people ask me what local city markets are seeing the most improvements and performing the best. So I thought it would be a good opportunity to send the list out. This chart outlines a comparison over the last month in what we call the Cromford Market Index, which is a simple and straight forward index that measures the supply and demand of each city. Numbers between 90-110 indicate a balanced buyer/seller market. Over 110 Sellers Market, Under 90 Buyers Market. We've seen positive improvements in the following cities: Fountain Hills, Avondale, Peoria, Paradise Valley, Goodyear, & Buckeye. Current Average Mortgage Rates Below: If you're looking to for better than average rates, I have the perfect mortgage broker for you. Just respond to this email!
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