Phoenix, AZ (PRWEB) February 12, 2013
With low inventory and too many buyers, the Phoenix Real Estate Market is on the verge of a new boom in real estate values.
Level 4 Funding a Phoenix Private Hard Money Lender is hiring and getting ready for the coming wave in Real Estate "This boom is going to be different," according to Dennis Dahlberg, Level 4 Funding Private. "The last boom was fueled on greed of the consumer; this time it's going to be a supply problem."
Over the past six years there was little construction or movement of dirt, leaving the Phoenix housing market starving for new homes. Additionally, home values are raising dramatically, and once the current home owners get above water (have equity) they are going to want to move up.
"We're going to have a trifecta or "the perfect storm": no homes, pent-up demand, and record low interest rates. And if you throw a little inflation on top of the mix, it's going to be a wild ride," said Dennis.
According to Dennis, "Based on the data provided by S&P Case Shuller, the bottom is over and we are moving up again and this time it's going to be even bigger. (For a high resolution click here).
Dennis Dahlberg, is General Manager at Level 4 Funding LLC
23335 N 18th Drive Suite 120
Phoenix AZ 85027