Since I started in 1994, I have seen huge shifts in the real estate markets here in northern Arizona, statewide and nationally. When I started, Buyers Representation was just really taking off in Arizona. Prior to that, Realtors strictly represented the Seller, so Buyers representation was a game changer in the industry. Since 2011, we have seen tremendous growth in homeownership opportunities, low interest rates and much stricter lending policies. And of course there is huge Buyer demand as mortgage interest rates are the lowest we have seen since 1971.
Source: Daily Sun February 14, 2021 23:03 UTC