Limited Real Estate Inventory Pushes Arizona Home Prices Up

Limited Real Estate Inventory Pushes Arizona Home Prices UpThe moment Ben Bruce stepped into the living room of a new, 1,750-square-foot condo in Flagstaff, he knew he was home.

He and his fiancee, who had spent a year sifting through properties all over Flagstaff, quickly made up their minds to buy the first unit available in the complex for $240,000.

“We are excited to get in here,” Bruce said. “We like the idea of having everything brand new.” The latest numbers on home prices and home sales in Arizona suggest that more people are jumping into the market.

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Authored By Tian Chen/ – See the Full Story at KTAR

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