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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 pmI am often asked. What is the best way to find bank-owned homes in the Prescott area? Many people call the Realtor who is listing the REO homes. Though, this realtor can help you buy the home, they would be taking on two roles as the buyer and seller agent, also known as a dual agency. [...] Posted by Jerry Cecil August 22, 2011, 7:53 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 amPrescott 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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