Carefree Arizona Real Estate Market Report August 2011
By looking deeper into the year to year stats of homes sales in Carefree Arizona we are seeing that the Carefree market has slowed down a bit from August of 2011. This is quite unusual and there is only one other town in Maricopa County that has fewer sales this August as compared to last August. All other Maricopa County towns are way ahead of last years stats, some by as much as 40% more sales this August than last August
Carefree Arizona Active Listings are down 21% as compared to August of 2010
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.
Many Carefree homes have had multiple bids if they're priced right, in good condition and in a good location. There are bank-owned and short sales available as well as many traditional sales.
My advice to buyers is that if you find the 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 Carefree 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!
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