A Year of Rebalancing Leaves Buyers on the Fence

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WASHINGTON, D.C. – August 19, 2014 – (RealEstateRama) — Metrostudy’s 2Q14 survey of the Phoenix housing market indicates that initial expectations for 2014 were overly optimistic, and we expect to see the market down 5% for the year.

Click Here to read more details of Metrostudy’s 2Q14 Phoenix Housing Report which includes information on:

Who has more patience builders or land sellers? With 2015 looking to be a slower growth year, builders are now “on the fence” about making their future land purchases.
Red Rover, Red Rover, please send more buyers over! Halfway through 2014 and where is it going to end?
Now is the time to plan for 2015 check out Metrostudy’s forecast for the inside track on starts and sales appreciation.

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