May 21, 2012, 2:35 pm
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real feel: 99°F
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Nextage Realty Professionals

Finding REO’s (bank-owned) in the Prescott AZ Area

I 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.  [...]

Check out the Ranch in Prescott

The Ranch at Prescott is a planned community three miles east of downtown Prescott, Arizona. Entrance to the Ranch is from Highway 69 and Lee Blvd.

The Ranch which nestles on the hillsides that border the Prescott National Forest was created in 1987 by developers Jim and Linda Lee. The Ranch is currently made up of eight [...]

Nationwide Foreclosures at 24% for Second Quarter

A 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 [...]

Are you an investor looking for the top REI websites?

I’ve been investing in real estate in the Prescott AZ area for a while now, (don’t ask it will reveal my age), and I am amazed at the amount of data now available on the web for individual investors.  More data than any real estate agent has had or ever will.    When I started, you were [...]

Prescott Foreclosed/REO/Short Sales Last 60 Days

Market Update

Here is a list of the 8 Foreclosed/REO/Short Sales that sold in the last 60 days in Prescott as of 1-20-09. The average sales price was $257,550 and the median price is $237,750. The average price per square foot was $125 and the median price per square foot is $115. The average Cummulative Days [...]