Phoenix - Mesa - Scottsdale
Area Local Housing Market Report, First Quarter 2010
With the current changes in this market it is a must for Phoenix area homebuyers and sellers to stay up to date with what is going on with the local housing.
So many changes in the past few years have kept everyone on the edge of their seat.
*The Current Median Home Price (2010 Q1) is $140,900 in Phoenix and $166,733 in US.
The Local trend shows prices are up from 12 months ago and growing and most buyers in this market have access still to government-backed Loans. Sales are much stronger than a year ago but they are slow to grow…
The report will show that the economy in Arizona is weaker than that of the rest of the nation but has improved a lot from last month. Let’s keep the faith that we can continue to see improvement.
*With the Phoenix market being historically strong and improvement over the last quarter of 09 we can see that we are more affordable here than most markets which I certainly think is great news for those wishing to own a part of the wonderful Phoenix Area. Search Phoenix MLS including Phoenix, Mesa, Scottsdale and other cities.
Although the market has signs of improvement you may not be able to wait until the market improves to sell your home if you cannot afford it. As an Arizona Home Seller you do have options. Please visit the Educational and checklist documents to help your find the answers to your questions regarding Bankruptcy, Loan Modification and Short Sales. Phoenix Home Seller Options
Here you can find the entire Phoenix - Mesa - Scottsdale Area Local Market Report, First Quarter 2010 where I have posted the report for you. I hope that you have found this information useful. Please don’t hesitate to contact me if you have questions or concerns regarding your options for you Phoenix area home or purchasing a property in the Phoenix area. I have tools and information that can help you find solutions in this distressed property market.
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