This is the place to view the past and present contests put on by ActiveRain and its members. Everyone can join the
group and help encourage each other. Current contest will be highlighted posts so it's easy for you all to see. Let it
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Each month AR runs numerous contests as a way for our members to engage in activities
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Find informative stats, trends and insider tips on your state, county, city or neighborhood of choice. The insightful experts of ActiveRain share with you in a way only a local resident can.
In the last 3 months there has been a slow down in bank owned home listings. At one time in 2009/2010 bank owned homes dominated the market share with 50-70%. Today roughly 35% of all the listings are bank owned, about 40% are short sales with the rest being traditional sales or investor flips.
Buyers that are looking for a home to buy in San Tan Valley have noticed that inventory is also down as a whole as well. Today there are only 353 active listings. That is way down from the numbers of 2009/10. The days of being picky may be over for buyers because as inventory shrinks so do your options. Premium features are now coming at cost. Some buyers are waiting for the magic "shadow" bank owned inventory to flood the market. So far, I have not seen any signs of this in San Tan Valley. If you are looking to buy in San Tan Valley procrastination may start costing you the green.