AVIANO
LIFESTYLE
AVIAN
YOUR AVIANO REAL ESTATE SPECIALIST
JANUARY | FEBRUARY 2018
A backdrop of political uncertainty will not slow down global economic growth in 2018. With job creation at record levels and unemployment at a 17-year low, the economy and housing market are expected to continue to grow. Although tighter inventory will continue to drive home prices up (which were booming in 2017), rising prices are predicted to slow during 2018. Nationwide, home prices are expected to grow over 4% in 2018. Baby boomers and millennials are expected to drive home design trends in 2018 while home remodeling is also expected to grow.
C HOOV M ER E
As we enter 2018, many Desert Ridge residents are curious about their home values and the market predictions for the year. Most real estate experts and economists share similar thoughts on their expectations for 2018.
Exclusively Represented by Kevin Owens
Back to the Future
With the addition of Sky Crossing to the Desert Ridge area (not technically part of Desert Ridge, but is part of PVUSD), some current Desert Ridge residents are concerned about how the new home inventory will affect their home values. With the expected 1,200+ new homes in Sky Crossing, community amenities and the feel of Aviano/Fireside, this new inventory will no doubt add pressure to existing home sales in the Desert Ridge area.
3985 E. Robin Lane
www.AvianoLifestyle.com
Avg Price Per SqFt
2017 NOV
Months Supply/ Inventory
# of Properties Sold
54
2.7
59
2017 NOV
2017 NOV
(up d)
(up d)
(up d)
2016
2016
2016
2016
$178
56
2.5
Barrett-Jackson Car Auction
54
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All About Town
(up d)
Y O U R AV I A N O AT D E S E RT R I D G E R E A L E S TAT E S P E C I A L I S T 480.217.9184 | kevin@fineAZliving.com | www.fineAZliving.com All information is deemed reliable but not guaranteed.
The Road to PyeongChang
2017 NOV
➡
$183
Days on Market
➡ ➡
Positive/Negative Market Trend
85050 STATS | LAST MONTH VS. LAST MONTH 2016
➡
KEVIN OWENS REALTOR ® 480.217.9184
Going for the Gold
3,512sf | Brezza | 4 bedrooms | 3 bathrooms
THINKING OF SELLING? Contact Kevin today at 480.217.9184 to take advantage of this market!
Bring Home Mid-Century Modern
C HOOV M ER E
The Desert Ridge Market In 2018
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Aviano Cover Home
Exclusively Represented By Kevin Owens