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I know I may have been redundant, as of late with all my reports of inventory shortages, rising prices and bidding wars between buyers. Well… surprise! I have a real estate market stand out to report today.
While other areas of the country are weighing favorably on the side of the sellers, the Phoenix, Arizona luxury housing market has seemed to have struck a rare balance. Prices are rising, but not skyrocketing and there are ample choices in the market for high end buyers. The changes in the Phoenix market are moderate compared to other areas I have been sharing with you.
More details about this interesting difference in the real estate market are featured in an article in the Phoenix Business Journal. You can read the article in its entirety at the link below.
Whether you are looking to purchase in Phoenix or anywhere in Arizona or California, Source Capital can be a great resource for you! Source Capital Funding, Inc. is a direct, private hard money lender that provides hard money loans and trust deed investment options through Arizona and California. Source Capital lends in Phoenix and all major cities in Arizona, including Tucson, Mesa, Chandler and Glendale and in California, including, San Francisco, Los Angeles, Anaheim, Sacramento, San Jose, Fresno, Oakland, Bakersfield and Riverside. If you need a private hard money lender to fund your hard money loan or you want to work with Source Capital Funding as an investor to help supply loans, contact us at 858.705.6144. You can also email us using this convenient online form.