Buyers are snatching up their Scottsdale homes before mortgage rates rise higher, and they are not alone. According to the National Association of 
Realtors’ Pending Home Sales Index, the number of contracts signed on previously owned homes rose 6.7 percent from April to May for an annual gain of 12.1 percent. Current figures show a six-year high in the number of pending home sales.
This home-buying frenzy is offset by a heavy shortage of homes, and demand is only continuing to grow. The U.S. census shows that contract signings for newly constructed homes rose in May to a five-year high. It seems that more potential buyers are taking that crucial step toward buying a home in anticipation of skyrocketing home prices and mortgage rates. Many know that the affordable conditions of the current market won’t last much longer.
If you have been on the fence on purchasing Troon North real estate, act now before it is too late. Visit our page on Scottsdale real estate trends to view figures regarding home sales and the current state of the market. You can also contact me at (602) 791-0536 or at Carmen@TopScottsdaleHomes.com to set up a viewing of any homes that interest you. Troon Scottsdale homes represent some of the finest real estate in Scottsdale. There are plenty of homes for sale in Troon.
Carmen Brodeur JD
Realtor
Trillium Properties, LLC
9825 E Bell Road, Suite 120, Scottsdale AZ 85260
(602) 791-0536
Carmen@TopScottsdaleHomes.com
www.TroonRealEstate.com
Voted in the Top 3 Realtors in Arizona, by the readers of Ranking Arizona Magazine, 2015-2025. Her background as an Attorney gives her special expertise with contracts and negotiations. Carmen has a proven track record of success with buyers and sellers in Scottsdale.
