short sale: The Gilbert, AZ Real Estate Market is Alive!
- 09/29/10 06:10 AM
The Gilbert, AZ real estate market is alive and well as evidenced by one of our new bank-owned listings. This home is not in good shape and the bank did not want to fill and repair the pool so we listed it slightly below the market value to compensate. After one day on the market, we received seven full price or higher offers and the highest bidder won after the bank countered for "highest and best". This proves that there are plenty of active buyers in the market who are willing and able to perform when there is VALUE and when … (3 comments)
short sale: Gilbert, AZ Real Estate is Shifting Again!
- 09/24/10 06:22 AM
Gilbert, AZ Real Estate is shifting again! The asking prices on our short sale listings (those homes that have more owed on their mortgage than the home is worth) are being reduced every Thursday in an attempt to stay ahead of the market. The closed sale prices around each of our listings are higher than our asking prices in almost every neighborhood and yet still only a few buyer offers are coming in. The short sale mastermind group I have been involved in for the past several years discussed this issue at our recent meeting. This is a gathering of top … (0 comments)
The Gilbert, AZ real estate market is alive and well as evidenced by one of our new bank-owned listings. This home is not in good shape and the bank did not want to fill and repair the pool so we listed it slightly below the market value to compensate. 
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