Prescott Area Market Report

The distressed real estate market in the Prescott area was busy again this week with 18 new homes coming on the market, about one in every five homes being listed in the Prescott Arizona Area MLS system.From the sales side they represented over half of the homes sold, and were over half of the sales that went into escrow.

The difference between what traditional pricing and Prescott foreclosed/REO and short sale properties per square foot remains with strong at a 23% discount.

Thinking about buying a short sale in the Prescott Foreclosure or Prescott Valley Foreclosure market?

See this article on my blog to get prepared:  10 questions for Prescott AZ short sale brokers

To get more information about any of these listings or any others in Prescott, Prescott Valley, Chino Valley or Dewey-Humboldt areas, feel free to contact me, or you can search by MLS number, address, or lots of other ways in our Search the Prescott MLS section.

New Listing Stats Last 7 Days*
	REO/Short Sale	Traditional
New	18	74	20%
List $/sqft	$108	$153	29%
Pending	17	15	53%
Closed	12	11	52%
Sold $/sqft	$90	$117	23%
	*Source: Prescott Arizona Area MLS (PAAR)

New REO/Short Sales listings are 29% less per square foot than traditional resales this week.

See the full report.

Search for Prescott area REO/Foreclosed and Short Sale Listings

Free Nationwide Foreclosure Search

Astronaut Greg Chamitoff, Expedition 18 flight engineer, wears a communication system headset while looking through a window in the Kibo laboratory of the International Space Station.

Embry-Riddle’s Prescott campus will host a live-in-flight education downlink with the Expedition 18 astronauts living on the International Space Station (ISS) in a special teleconfence to be held on campus Tuesday, Feb. 3, 2009.

The downlink scheduled between the hours of 10 a.m. and 1 p.m. MST will be a live question-and-answer session connecting select students from the Prescott tri-city area with the ISS astronauts.

To prepare for this event local teachers and students are participation in NASA education activities and developing space-themed questions and experiments being performed by the crew while they live, work and play in space.

Embry-Riddle is one of only a handful of institutions chosen to host NASA’s education downlink this year, with the University’s NASA Education Resource Center (ERC) sponsoring the event.

ERC coordinator Stacy DeVeau is working with area teachers and agencies to encourage student participation as one element of ERC’s mission to encourage students to pursue careers in science, technology, engineering, and mathematics (STEM). ERC plays a central role in NASA’s education strategy to attract and retain students in STEM disciplines.

The teleconference will be the highlight of the activities scheduled for the day. In addition to the live presentation on campus, the downlink will air live on NASA Television and will be streamed on the NASA website at www.nasa.gov/ntv. Various members of the campus, the community, and former astronauts are being invited to participate. Due to the nature of the mission work taking place on the ISS, the time of the downlink may change. The news media will be alerted to such changes as quickly as possible.

For more information on the downlink, contact Stacy DeVeau, Embry-Riddle NASA Education Resource Center, at (928) 777- 6281

Author: City of Prescott

Madison, CT (PRWEB) November 12, 2008 — Arizona, with 6 of its towns making the 2008 list, is the most popular state for retirement on the Topretirements.com list of the 25 best places to retire. Not surprisingly, the Sunbelt dominates the top 25. Medium-sized cities are popular, and the best small towns making the list included Prescott, Arizona; Paris, Tennessee; and Oxford, Ohio. Asheville, North Carolina; which was the #1 retirement town on Topretirements’ 2007 list, repeated as a runaway favorite.

John Brady, President of “Topretirements – Find Your Best Retirement Community”, commented about the winning towns: “Brand name recognition is very important when it comes to choosing a retirement community. Baby boomers gravitate to towns that have a reputation as a ‘best’ place to retire.”

Here is the list of Best 25 Places to Retire at Topretirements.com for 2008:

1. Asheville, NC
2. Sarasota, FL
3. Prescott, AZ
4. Paris, TN
5. Winston-Salem, NC
6. Athens, GA
7. Green Valley, AZ
8. San Diego, CA
9. Austin, TX
10. Phoenix, AZ
11. Halifax, Nova Scotia
12. Charlottesville, VA
13. Fort Myers, FL
14. Venice, FL
15. Oxford, OH
16. Sedona, AZ
17. Gainesville, FL
18. Flagstaff, AZ
19. San Luis Obispo, CA
20. Old Saybrook, CT
21. San Antonio, TX
22. Mt. Airy, NC
23. Beaufort, SC
24. Tucson, AZ
25. Crossville, TN

Topretirements published a list of the top 10 retirement towns in 2007. San Diego, Austin, and Phoenix all moved into the top 10 for 2008. Green Valley, Arizona had the distinction of being the only active adult community on the list.

Topretirements’ best places to retire list is compiled by calculating the 25 towns with the most online visits at the site for the most recent 6 month period (May-October 2008).