Marana AZ Real Estate Market Is Not The Same

There's no doubt today's Marana AZ housing market is extremely different than the frenzied one from the past number of years. In the 2nd half of 2022, there was a dramatic shift in property demand, and it caused lots of people to make comparisons to the 2008 real estate crisis. While there might be a few similarities, when looking at key variables now compared to the last real estate cycle, there are considerable differences.

Marana Real Estate Experts Say:

In the latest Real Estate Forecast Summit, Lawrence Yun, Chief Economist at the National Association of Realtors (NAR), drew the comparisons below between today's real estate market and the previous cycle:

There's Opportunity in Marana Real Estate Today

Taking a look at the truths and facts, it's clear: Today is really not the same as the Marana housing market of 15 years earlier.

And in today's market, with stock rising and less competition from other buyers, there's chance right now. According to David Stevens, former Assistant Secretary of Housing:

" So be recommended ... this may be the one and only window for the next couple of years to enter into a buyer's market. And keep in mind ... as the Federal Reserve data shows ... home costs only go up and always recover from economic crises no matter how moderate or severe. Long term property owners must see this market ... today ... as a distinct purchasing opportunity."

Marana AZ Real Estate Market Moving Into 2023

Today's real estate market is nothing like the property market 15 years earlier. If you're a purchaser right now, this may be the possibility you've been waiting for.

There's no doubt today's housing market is really different than the frenzied one from the previous couple of years. In the 2nd half of 2022, there was a significant shift in real estate, and it triggered numerous people to make contrasts to the 2008 real estate crisis. While there may be a few similarities, when looking at crucial variables now compared to the last real estate cycle, there are significant differences.

Conclusion - Marana Real Estate Market 2023

Marana is one of the fastest growing communities in Arizona, and many people are interested in moving to Marana AZ. Unfortunately, there is a lot of negative and mostly false news being spread on social media and actual news networks out there.

You need a local Marana AZ Real Estate Market expert to give you the actual data pertaining to moving to Marana AZ, and I've got you covered.

If you're considering moving to Marana AZ - Gladden Farms, book a call with me, and I'm happy to discuss your options :)