Surprise AZ Real Estate Market Report August 2011
By looking deeper into the year to year stats of homes sales in Surprise AZ you will discover a huge closed percentage - 29% more closed homes in August 2011 from August 2010. Pending sales remain constant. Active Listings in Surprise has gone down significantly - 35% from last August 2010 to August of 2011.
We all know the media likes to 'take a bite' on any negative piece of news to make it appear as if the real estate market is doom and gloom. It is not! We expect sales to continue on a upward trend this next year due to low home prices and low interest rates.
My advice to buyers is that if you find the Surprise home you like, and the comparables prove to be in line with the market, don't wait to make your offer - if this truly is your dream home or a hot investment property that fits into your portfolio.
It may take a few bids to finally win a bid on a home but in the long run it's worth the effort. Patience will pay off. And of course if you're looking for a hard working, dedicated real estate agent that knows the Surprise AZ real estate market and knows how to navigate multiple bids - give me a call. Let's meet for coffee and discuss your game plan.
Comments(2)