Here in Northern Arizona an average real estate transaction still means a Seller wants to sell a home by finding a ready, willing and able Buyer to purchase said home at an agreed upon price.
No waiting 3 months or more for a bank to give approval, or purchasing a home without any disclosures because the bank has taken back the property or going "online" to bid on the property.
Less than 10%* of our Multiple Listing Service Area (Residential properties) consists of short sales listings, foreclosure or HUD Homes.
I would invite you to come and see the inventory of homes in the Prescott Area.
*As of Febraury 6, 2009.
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