Real estate experts say Southern Arizona still seeing high demand, low inventory

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Real estate experts say Southern Arizona still seeing high demand, low inventory
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'What we're not seeing is any sort of decrease in sales prices,' said Hunter Sampsel, regional vice president of VIP Mortgage.

Regional Vice President of VIP Mortgage Hunter Sampsel said lenders have seen that first hand with layoffs in the industry decreasing.

"You know, starting early 2021, going through 2021...definitely saw some layoffs," Sampsel said."I think for the most part, most companies are kind of at the right size now to maintain the level of service and the current volume. There may be you know, you'd never say never, but we're not anticipating any here.""What we're not seeing is any sort of decrease in sales prices," Sampsel said."You know, current rate is running right around 7.

Keith Gregory with Summit Housing Group, says he's seen first hand the challenges middle to low income families have faced right now. "We see less units, you see more people struggling...you see more people on the streets. We're all looking for resources," Gregory said."The state and the federal government, the City of Tucson, they all do a really good job of providing resources, but there's still not enough.""So there's a lot of different things that need to happen. I think, at a federal and state level.

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