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Michelle Lind, Esq., Of Counsel, Arizona REALTORS®, @aaronline.com
OR
Abbie Fink, HMA Public Relations, afink@hmapr.com


2023 Media Stories

“Inventory is an important piece of the equation, according to Eric Gibbs, the president of the Arizona Association of Realtors. He said that overall, the market is in a better place with around a 3-month supply of homes in the Valley. Gibbs said, “Buyers are in the market. Buyers are moving. The problem buyers have is that they can’t find inventory. There’s not a lot of inventory. If they’re looking for a home under 300K, there may only be a few available to them, and so that’s what’s causing some of the slow down in buyers buying.”


ScottsdaleIndependent-Sindy


“The issue of homelessness impacts Arizona’s most vulnerable communities including families, the elderly and veterans — this must be addressed with the construction of permanent and affordable housing across the state,” Michelle Lind, counsel for the Arizona Realtors, which donated $2,500 toward the grants, shared in a statement.


“The market is going to get better as we go into 2023. There will still be challenges with inventory, we will still have challenges with interest rates, but we think that as we get past the first quarter, second and third quarter we’re going to see those interest rates come down,” said Eric Gibbs, President of Arizona Realtors.


DailyNewsSun_20230104_18_0


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About Arizona REALTORS®

Arizona REALTORS® is the largest professional trade association in the state. It is comprised of individuals involved in the real estate industry, allied industries and firms. The association’s more than 40,000 members represent more than half of the real estate licensees in Arizona. For more information about the Arizona Association of REALTORS®, please feel free to browse around this site.