In case I haven't mentioned it lately, inventory in the Phoenix metro area is freakishly low. Buyers are having to resort to multiple offer situations for homes that probably won't work for them in the long-run, just to have a place to live.
There are other buyers who are waiting out the crazy, hoping that the dust settles and the prices aren't so high in the end that they can't afford anything.
And of course, there are the creative types who are looking where the rest of the buyer's aren't. Dee is one of these. A few days ago, I sent her a listing I know isn't on the market yet. It is everything she wants and then some. The price is $300,000--which is considered a bargain in today's market. The only catch is, it is a bit too far for her and her felons. So, they are going to pass on this one. But no matter! Dee is patient. The right home will come along soon.
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