REAL ESTATE
Real Estate Guide Early forecast for 2021: More grief for homebuyers AFN NEWS STAFF
I
f you were expecting a change in the Valley housing market as the new year steadily marches closer, it looks like that expectation will be met. Only it’s not a change that homebuyers are hoping for. “The supply situation has gone from bad to worse with many areas hitting record lows for the number of homes available to buy,” the Cromford Report said last week, continuing an unbroken string of bad news for people looking to buy a home.
Indeed, November saw a “respectable” number of new listings, according to Cromford, which closely monitors the housing market in Maricopa and Pinal counties. “However, it increased by far less than the annual increase in demand and many of these new listings went under contract within days of listing,” it said, noting that the month ended with 15 percent few homes for sale than when the month began. “We have run out of adjectives to de-
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SPO OTLIGHT home
Stunning panoramic views from privately gated luxury retreat, meticulously adorned with imported Montana stone accents.
Listed for $1,450,000
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Pristine & Classy Gated Calabrea Estate! On A Premium 2/3 Acre Hillside Lot
Stunning custom basement home w/ 4 car garage in Ahwatukee Foothills’ prestigious gated community of Calabrea.
Rachael Richards
Listed for $1,950,000
Mike Mendoza
Geno Ross
Listed for $1,379,000
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Ahwatukee’s #1 Team for Over 30 Years 480-706-7234
Tapestry Canyon - Front
Tapestry Canyon - Back
Magnificent mountain luxury retreat perched high on elevated hillside lot in exclusive gated Tapestry Canyon. 5 br, 5.5 ba with 5,002 sq. ft. This dramatic view home has endless entertaining possibilities. Fabulous custom build offering privacy with expansive mountain views plus city lights.
Listed for $1,510,000
www.MendozaTeam.com
Tapestry Canyon - Front
Mike Mendoza
Tapestry Canyon - Back
Majestic Southwest contemporary estate on elevated 1.24-acre hillside lot with stunning mountain and city light views. 5 br, 4.5 ba with 4,924 sq. ft. Resort-style backyard with slate patio, built-in Viking grill, pool, spa, koi pond and ultimate privacy.
Listed for $1,325,000