Prescott
Real Estate Listings
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Prescott
Real Estate News and Questions
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I have 2 recent short sales submittedto BofA some 60 days ago and still no negotiator?? I also have a case where they approved a short sale and according to them had the foreclosure on hold while the short sale was worked but they failed to notify the attorney who foreclosed
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Savvy home buyers want to hit the jackpot and buy that Prescott AZ REO foreclosed home, many of which are priced under the market. When banks price REOs under the comparable sales, multiple offers are often the response. This means you could be up against stiff competition for that bank-owned
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This beautiful Prescott AZ property, located in The Ranch is yours for only $625,000. Elegant single level home on wood sub-floor with automatic ventilation fan in the crawl space. Level lot. Wonderful curb appeal. Lovely entry. warm oak flooring. Gourmet kitchen with Cambria Quartz counters. GE Profile appliances,maple cabinets. Formal dining
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For the car buff; BRING YOUR TOYS! 11 CAR GARAGE UNDER THIS HOME! Elegant main level living, absolutely gorgeous home w/views. 2 sided fireplace, luxurious master with fireplace, separate vanities, snail shower, jacuzzi garden tub, built-in ironing board. Gourmet kitchen w/island/breakfast nook w/floor to ceiling bay window. Lower level bedroom/bath/office with
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I have noticed over the last couple of weeks that buyers are pulling the trigger. Sure they are offering low but that is the market. I have even seen some people looking for land as of late. I have a tickler file that I put buyers on. They have been getting
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Let's define the masses as the biggest piece of a pie graph for whatever subject we are discussing. For our purposes we'll select Real Estate/owners of one residential home. Statistically this mass of people finds a reason to sell their home and buy a different one every 3- 6 years. In
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Sales volume in the distressed home market in the Prescott AZ arearemained strong with33 homes closing in the last 15 days of June. This compares to 77 homes sold by traditional resales during the same period, about 30% of overall sales.
The average price per square foot for REO and short
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Several newspapers thought that a decline in May foreclosures from April's record high was good news, but a decline off a record is not necessarily healthy. Here's an article from the WSJ that I thought was a little more appropriate.
Here's a bleak milestone: there's been more the 1 million foreclosures
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Twenty-seven new foreclosed or short sale homes came on the market last week, up 50% from last week's 16. These made up about one in every5 homes being listed in the Prescott Arizona Area MLS system.
Short Sales: 12/27 are short sale listings(see yellow highlight). Short sales are starting to make
(1 comments)
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Just like the previous week, twenty new foreclosed or short sale homes came on the market last week, about one in every5 homes being listed in the Prescott Arizona Area MLS system. 5/20 are short sale listings(see yellow highlight).
Is there a flood of foreclosures ready to hit the market?
See:
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Many lenders, real estate agents, and home builders applauded when HUD said it would let banks and local governments offer short-term "bridge loans" to cover the down payment for first-time buyers eligible for the tax credit. The loans would have been available to applicants for federally insured mortgages such as Federal
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Activity in the distressed home market in the Prescott AZ area remains moderate with18 homes closing in the first 15 days of May. This compares to 42 homes sold by traditional resales during the same period.
The average price per square foot for REO and short sales was $98 and the
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The Wall Street Journalsaid thatZipRealty reported this week healthy year over year sales increases and signs that prices were leveling off for the Phoenix metro area.
ZipRealty reported that Phoenix led the nation in the change in the number of homes listed for sale at the end of April compared with
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The Wall Street Journal recently ran a couple of articles on the unforseen impacts that short sales can have on homeowners who use short sales to avoid foreclosure. Many Prescott and Prescott Valley homeowners facing foreclosure are under the impression that there are no consequences when the bank "agrees' to a
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Twelve new foreclosed or short sale homes came on the market last week, about one in every 10 homes being listed in the Prescott Arizona Area MLS system, and onethird of the closings were distressed sales in Prescott, Prescott Valley, Chino Valley, Dewey-Humboldt and the outlying areas of Yavapai County. Foreclosure
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On April 28th, 2009, RealtyTrac® (realtytrac.com), the leading online marketplace for foreclosure properties, and Enormo (http://www.enormo.com/), a leading global real estate portal, announced a strategic alliance that will give Enormo's international user base of potential homebuyers and investors unique access to RealtyTrac's database of U.S. foreclosures including Prescott, Prescott Valley, Chino
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Eleven new foreclosed or short sale homes came on the market, about one in every seven homes being listed in the Prescott Arizona Area MLS system, and one fifth of the closings were distressed sales in Prescott, Prescott Valley, Chino Valley, Dewey-Humboldt and the outlying areas of Yavapai County. This is
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Fifteen new foreclosed or short sale homes came on the market, about one in every six homes being listed in the Prescott Arizona Area MLS system, and one quarter of the closings were distressed sales in Prescott, Prescott Valley, Chino Valley, Dewey-Humboldt and the outlying areas of Yavapai County. This shows
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I've been investing in real estate in the Prescott AZ area for a while now, (don't ask it will reveal my age), and I am amazed at the amount of data now available on the web for individual investors. More data than any real estate agent has had or ever will.
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More good news for the Prescott, AZ market which relys so much on the Phoenix market for spillover business: a sign that foreclosure sales have peaked in the greater Phoenix area! That's the news from the Morrison School of Management and Agribusiness at Arizona State University's Polytechnic campus today regarding the decline in
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The Precott Az area condo market finally got going again in March after having had ZERO closings in February, which was an anomoly. Two of the five closings were bank-owned, or REOs, and they were the driving factors behind the average $ per square foot at $118.
The one unit at
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On April 1st, NAR released it latest figures on affordability and the index is at a record low. This is great news for buyers of traditional resales andforeclosed homes in the Prescott and Prescott Valley market areas.
Click on logo to go to the report
NAR's Housing Affordability Index (HAI)rose 0.9
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