Due to COVID-19, people are working from home and creating a greater sense of need for space and privacy. As a result, many homebuyers in large cities are looking to leave their urban centers to suburbs and smaller cities.
According to a July Redfin report, more than 1 million users searched for homes out of their metro area, with cities like Phoenix, Arizona, Sacramento, California, and Las Vegas, Nevada gaining the most interest.
COVID-19’s Impact on Phoenix Real Estate
While there is still a lot of uncertainty for how long the pandemic may last and its impact on the U.S. economy, however, the real estate market in smaller American cities continues to look promising. The surge in interest from homebuyers is presenting a lot of opportunities for Phoenix sellers, especially those with lots of amenities like a yard and pool. That is why it is important to hire skilled appraisers to find out how much a property is worth and what the seller can get for it.
What Desert Eagle Can Do For You
We have a wide range of services, no matter how simple or complex, to serve your residential appraisal needs. Our goal is to leave our clients satisfied when evaluating residential properties. Contact us to learn more today!