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Nextage Realty Professionals

Top 10 tips to win the REO multiple offer game

By Jerry Cecil, on August 22nd, 2011

The REO (real estate owned) foreclosed home market is hot right now in the Prescott area with many homes priced under an already depressed market price.  When banks price REOs under the market price, multiple offers are often the response.  This means buyers can  be up against stiff competition for that bank-owned home.

It’s not unusual for [...]

Posted by Jerry Cecil August 22, 2011, 9:44 pm

July 2011 Foreclosure & Short Sale Report for Prescott AZ

By Jerry Cecil, on August 7th, 2011

There are 97 distressed property sales in Prescott, this is 12% of the market.

There are 43 bank-owned homes in Prescott.  Go to this link for the MLS listings;

http://www.paarmls.org/prs/maildoc/sd_AAAa007E020110807180654.html

There are 54 short sales in Prescott.  Go to this link for the [...]

Posted by Jerry Cecil August 7, 2011, 5:01 pm

Assuring a Water Supply in Prescott AZ

By Jerry Cecil, on August 6th, 2011

The Prescott area in Central Arizona is home to about 130,000 people. The area has a pretty reliable and plentiful water supply.  But, full access to the water supply is being questioned by areas to the south.

The Big Chino aquifer, located north of the city of Prescott, covers 1,850 square miles and is the source of [...]

Posted by Jerry Cecil August 6, 2011, 12:30 pm

Prescott Arizona area foreclosure market report as of 2-26-11

By Jerry Cecil, on February 27th, 2011

Prescott Area Market Report

36 new foreclosed or short sale homes came on the market during the week of February 20 – February 26. These made up just under 1/2 of the homes listed in the Prescott Arizona Area MLS system last week at 45%.

There were 44 traditional listings that came on the market last week [...]

Posted by Jerry Cecil February 27, 2011, 12:50 am

Prescott Arizona area foreclosure market report as of 2-19-11

By Jerry Cecil, on February 20th, 2011

Prescott Area Market Report

43 new foreclosed or short sale homes came on the market during the week of February 13 – February 19. These made up just under 1/2 of the homes listed in the Prescott Arizona Area MLS system last week at 49%.

There were 45 traditional listings that came on the market last [...]

Posted by Jerry Cecil February 20, 2011, 12:46 am
 
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