Scottsdale AZ bank owned homes for sale
Buyers today are still looking for a great deal when it comes time to purchase a home. So when you are shopping for home maybe you should at least consider purchasing a Scottsdale AZ bank owned homes for sale.The Scottsdale market was hit very hard with the real estate crash in 2007 and as a result there has been many great housing deals to purchase over the last several years
However, the inventory on these great deals on Scottsdale bank owned homes for sale seem to be slowing down. Currently there is only about 3% of the entire inventory of homes for sale in Scottsdale owned by a bank, thus making it more competitive for buyers who want to purchase a bank owned property. It is fairly common these days to have muliple buyers for a property and paying above list price for these homes.
As a result of the declining inventory of Scottsdale AZ bank owned homes for sale and the amount of buyers continue to increase, prices have been steadily climbing throughout the marketplace here in Scottsdale and the surrounding communities. Values of homes in the metropolitan Phoenix area increased on average by 1.8% each month through 2012
Buyers who are waiting on the fence for prices to come down and the mysterious shadow inventory that people have talked about may never see that happen.We are seeing banks sell property these days in bulk to major investment companies and not place them on the market for the general public.
So if you are serious about buying a home, then the time maybe running out on finding the smoking deal on Scottsdale AZ bank owned homes for sale.Give me a call today to learn more about the Scottsdale real estate market and the opportunities that maybe available on Scottsdale bank owned homes for sale at 602-620-2164 or email me at email@example.com