By Angela Gonzales | Phoenix Business Journal (abridged)
Homebuilders are beginning to pull back on offering incentives, which means the window for buyers to get good deals is slowly closing.
Usually, the spring selling season is blooming with home sales, but it’s just not materializing, said Jim Belfiore, founder of CEO of Belfiore Analytics. Homebuilders are selling fewer than three homes a month per community, which should be higher during this time of year, he said.
Usually, the spring selling season is blooming with home sales, but it’s just not materializing, Belfiore said. Homebuilders are selling fewer than three homes a month per community, which should be higher during this time of year, he said.
Homebuilders have 4,095 inventory homes on their books in the metro, which equates to 7.7 homes per active community, Belfiore said.
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