Homes prices are high everywhere, but Phoenix, Arizona, has gone from affordable to affluent in just a couple of years 📝 luscombeland
Read More:At first blush, the demand for homes in Phoenix seems hard to explain. It’s uncomfortably hot for several months a year. Its food culture remains uncelebrated. It does not have sexy employers like Amazon or Nike, nor is it a hub for such high-paying industries as finance or tech. As a mid-century city, it’s not a place rich in historic buildings or revered cultural institutions.
“As a buyer’s agent, it’s hard to compete with the cash buyer,” Lorig says. “It’s definitely more feasible if you’re a listing agent because you’re just waiting for all the offers, but there’s a lot of phone calls to answer. So it’s been difficult for everybody.” She took on an elderly couple whose rental home had been sold. They qualified for a lot of homebuyer assistance but they’re in wheelchairs and need a place close to their medical appointments. Even after a localand they started a GoFundMe, they could not get enough money together to buy a home. Finally, they negotiated with their new landlords for a smaller rent increase in return for some other concessions. For a while.
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