If you are a Buyer or Investor, times couldn't be better to buy a North Phoenix Foreclosure or Short Sale!
We have done extensive research in the Scottsdale and North Phoenix Foreclosure and Short Sale Market, and have come up with two zip codes with the following numbers for April/2009:
Zip Code 1:
82 Active Listings
56 Pending Sales
20 Closed Escrows
Average Asking Price: $194,781
Average Sales Price: $156,985
Zip Code 2:
81 Active Listings
50 Pending Sales
31 Closed Escrows
Average Asking Price: $142,847
Average Sales Price: $112,334
These are single-family residences (not townhomes or condos) that are either in pre-foreclosure, short-sale situation, or are Lender Owned. These are the actual numbers taken from MLS for the month of April/2009.
The first zip code represents just over a one month inventory, and the second is exactly one month!! Investors and Buyers of Phoenix Foreclosures & Short Sales, NOW IS THE TIME TO BUY!!! Get in on this before prices start to go up! Just 4 months ago, we were talking about 5-6 months of inventory in these areas.
Our company, Summit Home Consultants, specializes in assisting Buyers and Sellers in the Scottsdale and North Phoenix Foreclosure and Short Sale Market! We know how to get results from the lenders!!
To find out what these "magical" zip codes are, shoot me an email, or call me. You'll be glad you did!
Better yet, join this blog, and you'll get an email every month when I post new numbers!
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