Even with the increasing median of homes in the great Phoenix area increasing over this past year from 2011, now is still the time to buy! Even if it's your first home or a second vacation home as you look at the availability of homes the deals are still out there. Investors are still scooping up rental homes and snow birds are still searching for a future retirement location. Interest rates are still affordable and YES--there are still a lot to choose from so don't be concerned that there is not!
Lenders have slowed in releasing a lot of foreclosed homes to help increase the prices that is no secret as to avoid a flood in the market and yet another dip in home prices. You are still able to get financing under 4% so a home purchase for around $100K still makes an affordable monthly payment.
You should call a Realtor* today if you just want more information or want to start your home search. You can always hop on Zillow or Realtor.com but working with a Realtor* will ensure your getting current, up to date information from the local MLS. Why not?? It's free to buyers and they have you covered!