Real Estate Across the Globe

February 2, 2021

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Have you ever wondered what the Real Estate market is like in other parts of the world? Our team always has different geographical areas on the radar. If you are curious about a specific location, reach out and we’d be happy to provide up to date, accurate information.

Darcy was on a recent visit to Arizona and thought it would be fun to give some stats and predictions. The housing market is looking extremely strong for the Phoenix area in 2021. Realtor.com’s 2021 Housing Forecast predicts the Valley home sales to increase 11.4% from 2020, making it one of the hottest housing markets in the nation.

A few predictions set for the new year include Mortgage rates staying grounded, Inventory will stay sparse and lastly Investing in rental properties will be on the rise.

Phoenix is growing in short term rentals such as Airbnb, it is a landlord friendly state, it has a massive snow-bird market, with some retiring permanently and additionally low taxes in Arizona.  Maybe all of this has to do with the beautiful weather?!

If we can be of help to you in looking at Real Estate around the country, reach out. We’d be happy to connect you with a local expert.

Darcy Warcken

Realtor ~ Better Living Group/Avenue Realty

952-500-3166

Darcy@AvenueRealtyMN.com

BLGHomesMN.com