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Nextage Realty Professionals

Prescott area REO and short sale homes sold 6-15-09 thru 6-30-09

By Jerry Cecil, on July 3rd, 2009

Prescott Area Market Report

Sales volume in the  distressed home market in the Prescott AZ area remained strong with 33 homes closing in the last 15 days of June.  This compares to 77 homes sold by traditional resales during the same period, about 30% of overall sales.

The average price per square foot for REO and short sales was [...]

Posted by Jerry Cecil July 3, 2009, 11:13 am

Prescott Arizona area foreclosure market report as of 6-27-09

By Jerry Cecil, on July 1st, 2009

Prescott Area Market Report

Thirty nine foreclosed or short sale homes came on the market last week, way up from last week’s 18.  They made up about one in every 3 homes being listed in the Prescott Arizona Area MLS system.  This is a marked increase and a one week high for distressed listings in the Prescott area.  [...]

Posted by Jerry Cecil July 1, 2009, 11:32 am

No one signs their mortgage planning on foreclosure, but…

By Jerry Cecil, on July 1st, 2009

“Life is what happens while you’re making other plans.”
Richard Dreyfuss in Mr. Holland’s Opus

No one moves into a home and takes on a mortgage planning on foreclosure.   But divorce, medical issues, job loss, job transfers, and life changes can all lead to to foreclosure or short sale. If your bad luck is temporary, you might miss [...]

Posted by Jerry Cecil July 1, 2009, 9:56 am
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