Are investors still buying houses in Phoenix and how does that affect first-time buyers?

Investor activity in Phoenix varies over time based on market conditions, financing availability, and rental demand. Investors sometimes compete with first time buyers, particularly for lower priced homes that make strong rentals, which can increase competition and offer counts. However, the automated assistant does not forecast future investor activity or its effect on buyers. Current data can show you inventory levels, days on market, and sale prices, but cannot predict how those numbers will change. For current inventory and trends in your price range and preferred areas, reach out to Jon to discuss what you are seeing as you search and how to position your offer.