
| Blog |
| The Current Greater Phoenix Real Estate Market is a Mixed bag |
| July 08th 2009 |
The Views expressed here are the opinion and only the opinion of the Designated Broker Tom Peterlin. Any informaton gathered and provided from resources such as the Arizona MLS is considered to be approximate in nature. It is strongly recommeded that Buyer & Buyer's agent and Seller & Seller's agent to verify any information provided in this blog for themselves. The current The current real estate is sending out some mix signals. Some areas and price points are doing better than others. Pricing from under $100,000 to $350,000 seems to be benefitting the most from the Federal governments’ FHA mortgage programs. High end properties still are showing weakness in demand due to credit/financing issues. So areas with higher neighborhoods are still experiencing larger housing inventory supplies than the norm. Properties in those areas need to be key buy priced and be turn key ready by being updated in look, and maintenance free.
Currently, there is as of today’s date 07082009 according to the Arizona Multiple listing Service only 18,229 of non bank owned property. Since bank owned properties are in short supply, short sale properties take a lengthy time to process of which many do not close, any kind of bump in the overall greater Yes, the
If interested, please call me at 480-756-2121 or email me at tom@c21seago.com with questions or to request more information. Best wishes, Tom Peterlin
Designated Broker/Owner Century 21 Seago, Inc Quality Service Office 2002, 2004, 2005, 2006, 2007, 2008, 2009 Century 21 Agency since 1982 www.c21seago.com tom@c21seago.com Local (480) 756-2121
Toll Free (800) 634-2192 Thinking about a career in real estate, or do you know some one who is thinking about buying or selling real estate? Call Tom at (480) 756-2121 X15 today.
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