Having worked with buyers, sellers, and investors in the West Valley for over two decades, I've seen firsthand how the idea of 'price stability' doesn’t always match reality—especially in real estate. In the US, when the cost of one thing goes up, prices can drop elsewhere, because people shift their spending rather than everything rising or falling together. Think about how affordable technology has become, yet luxuries like hotel rooms, sports tickets, and college tuition keep getting more expensive. The truth is, so many factors—countless daily transactions and global supply chains—shape what we pay. Even central banks can't guarantee true price stability. If the dollar were steadier, we might see investment move away from inflation hedges, with some prices dropping while scarce assets become even more valuable. At the end of the day, lasting price stability is a myth, and changing prices often mean the economy is evolving—not declining. I keep this perspective in mind as I help clients navigate the ever-shifting real estate market, always striving for your satisfaction.
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