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More forecast...
Nextage Realty Professionals
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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 pmThe home,opened in February 1911, is a retirement home that overlooks downtown Prescott. The home is one of Prescott’s prominent landmarks and dominates the view to the west from downtown. Arizona Pioneers' Home
Posted by Jerry Cecil August 6, 2011, 12:27 pmMany people think that Realtors are around for a few simple reasons, to look for homes, list homes and advertise homes. This is why many people don’t think that they need a Realtor. Homeowners are quickly finding out that a home can be listed without a Realtor. A buyer can find a home on several listing [...] Posted by Jerry Cecil August 6, 2011, 11:50 amPrescott 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 amA total of 248,534 properties in default, scheduled for auction, or repossessed by the bank sold to third parties during the April to June timeframe. RealtyTrac says on average, these homes went for a discount of 26 percent. The second-quarter share of foreclosure sales is up nearly 5 percent from the previous quarter, but still down 20 [...] Posted by Jerry Cecil September 30, 2010, 12:23 pm |
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