We all have heard how real estate is currently on a down note, but after talking with some buiders in Gilbert and finding out that a couple of resale homes I showed to clients this weekend have competing offers, I’m geting the feeling that the market is turning around!One builder is currently offering $50k-$60k in incentives, but after talking with the salesperson there on how busy they’ve been, the feeling is that these incentives will certainly be reduced and sales prices adjusted accordingly. Another builder offering "spec" homes seem to be raising the price of each subsequent spec home as the one before it sells. It may be too early to tell, but if interest rates remain stable and as more people move here, I do expect the current real estate down turn to change very soon.
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