Hey there, it’s been a minute since our last market update back in July. Things have been busy here at Williams Luxury Homes. We are rebuilding our website with exciting new features. Why? Because we want to give you a top-notch experience here on the site. With that said, we are here today on LUXE BLOG to get you up to speed on the Greater Phoenix real estate market stats for September 2023.
So there’s still a lot of uncertainty out there. Will we avoid a recession or is one coming? We’ll have to see how the data unfolds over the next months.
The Cromford Market Index (CMI) currently sits at 153. Here’s what that means:
The average expert prediction is the CMI will likely stay around this range for the rest of 2023 after the typical summer slowdown. What are your thoughts? Do you think the market will continue to soften? Or level out from here? With over 150 years of combined experience, WLH has the expertise to guide you through any conditions. We welcome you to reach out for advice regarding buying and/or selling Arizona real estate. Thank you for visiting LUXE BLOG.