Since the Scottsdale housing market has turned around this year, buyers are finding they are in a whole new game. If you want to be successful in buying a Scottsdale home, these are four new “rules” that you should consider: 1. Lowball offers are usually a waste of time: Lowball offers that are significantly lower […]
Low Ball Offers for Scottsdale Homes a Thing of the Past?
During 2011, low ball offers were fairly common in Scottsdale AZ. Realtors wouldn’t blink when they received a low ball offer. In fact, 10% of Realtors said they received at least one low ball offer on one of their listed homes. A low ball is usually considered an offer that is more than 25% off […]
Home Prices Rise Nationwide As Phoenix Leads The Charge
Rising home prices are an important indicator that the housing market is recovering. Since July, the U.S. has seen home prices rise, mortgage and foreclosure rates fall and increased optimism and confidence in homeowners, home buyers, and home builders. Home prices nationwide rose 1.2 percent in July over the same time period last year. Reports […]
First Time Homebuyers in Scottsdale Squeezed Out by Investors
The Scottsdale real estate market is moving incredibly fast this month, especially in the lower end price ranges. Many potential Scottsdale home buyers who have been sitting on the sidelines waiting for the market to hit bottom have missed it and are now in a heated competition with investors for low price properties. Scottsdale is […]
Phoenix Real Estate Market Update
Here is a brief synopsis of the Phoenix real estate market for November 2011. This information is pulled directly from the Arizona Regional MLS system. There were 1,889 property sales in November. That’s down from 2,029 sales recorded in October, but up from November 2010, when there were 1,677 sales. Year-to-date sales of 23,696 are […]
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