Today I was looking around the FlexMLS system that we use here in Phoenix and I found a rather interesting number to share this Friday. If you happen to have $19.5 billion dollars (yes that should be well hidden in the matress), you can buy the entire inventory of houses for sale in the ARMLS system. That would be 58,821 units (properties).
Hey, let’s just call up the Federal Government and ask them to send us a check.
Numbers are based on the Arizona Regional Multiple Listing Service database as of the date and exact moment that I hit the query button and is subject to change even before I get the results back.
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