SunPoint Appraisals, Inc. is a full-service “real estate appraisal firm,” offering both residential and commercial services. SunPoint covers the entire state of Arizona with satellite offices in Phoenix, Scottsdale, Mesa, Gilbert, Chandler, Goodyear, Sun City, Sun City West, Glendale, Carefree, Cave Creek, Rio Verde, Anthem, Payson, Prescott, Prescott Valley, Sedona, Munds Park, Strawberry, Happy Jack and so on. (480) 595-0188.
According to “Real Estate Appraisers in Arizona,” the 2016 Phoenix housing market forecast looks healthy. Anyone who lives in Phoenix, AZ knows we have come a long way since the real estate recession that began in 2008.
Real Estate Appraiser, Paul Johnson is forecasting a 15% jump in “new home sales, and a healthy boost in home values. The national forecast for home appreciation in 2016 is 3%, but the Phoenix area should see a value boost of about 5% overall.
They see values rising a bit slighter than Arizona Real Estate appraisers throughout the valley do but higher values seems to be the consensus.
Once the poster child being all over national news for the housing crash, Phoenix is a hot market again. This time, however, it is not investors inhaling distressed properties, but owner-occupant buyers purchasing homes throughout the valley.
Single-family home sales rose 1 percent in May over April and 7 percent over May 2014, according to Arizona State University’s Center for Real Estate Theory and Practice at the W. P. Carey School of Business.