With many homes for sale, Arizona and the Arizona housing market is ripe for a "Takeover" by first time home buyers, vacation home buyers, and real estate investors.
Falling home prices, driven by foreclosures, make this an ideal time for these buyers to "grab" their share of the "land rush" to ownership. Arizona ranks in the top 5 states with homes for sale due to foreclosures. Couple very affordable home prices with cheap mortgage interest rates and the "stage coach" is set to roll to even more incredible and affordable home buying opportunities.
Homes For Sale: Arizona Housing Market - An Example
As great example of this, Carmelio M., a first time home buyer, asked us to help him find a home. A quick search of available foreclosed homes yielded 6 that met his needs. After looking at several, he decided upon a 2 bedroom, 1 bath with swimming pool and carport, in a quiet neighborhood, and an asking price of $83,500. The buyer made an offer and got the home for $60,000. The seller (a lender) fixed the pool, a broken window, a broken front door and agreed to pay up to $ 2,000 toward buyer's closing costs. The buyer was in his "new" home for the holidays.
Next up in this series of homeownership success stories, is an investor who wants to find fix up homes to rent and build equity.
Looking for your share of real estate ownership? Want to get in on the new "land rush"?
We know where the good buys are, and we can find just the right property for you. Give us a call at 602-390-0861 or email us at RobertKroon (at) RealtyExecutives.com to “grab” your share in today's “land rush” to home ownership. Visit Robert's Arizona Real Estate Website: ArizHomeSales.com/
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