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More forecast...
Nextage Realty Professionals
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Prescott Area Market Report Twenty new foreclosed or short sale homes came on the market last week, about one in every 4 homes being listed in the Prescott Arizona Area MLS system. 6/20 are short sale listings (see yellow highlight). Want to see what the latest sales figures are for the Prescott Az area foreclosure market? See: Prescott area REO [...]  Posted by Jerry Cecil  May 18, 2009, 7:06 am@GET_ENGAGED > Looking for Prescott AZ property deals? Search for Prescott Area Foreclosures > http://tinyurl.com/qb3wnh in reply to [...] Posted by Jerry Cecil May 17, 2009, 3:54 pmPrescott Area Market Report Activity in the distressed home market in the Prescott AZ area remains moderate with 19 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 average time [...] Posted by Jerry Cecil May 16, 2009, 6:42 amThe Wall Street Journal said that ZipRealty 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 a month earlier with a drop [...] Posted by Jerry Cecil May 14, 2009, 9:15 amA new wave of foreclosures is getting ready to hit the market as a result of the pressure being placed on banks by investors and the US Government to increase their assets. This includes selling off assets, issuing stock (see WSJ article yesterday, More Banks Tackle TARP, Capital Gaps), and liquidating their REO (real estate owned) assets. This is [...] Posted by Jerry Cecil May 12, 2009, 7:34 am |
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