Friday, October 14, 2011

The long and short of it all

Working in real estate in the phoenix area has had its extreme ups and downs the last few years. I am sure everyone has read and seen on the news the stories about the market here. Repo's and Short sales on every street. Well I have to say some of this is true and some of it is media. Like any city, there are areas that go up and down in value, homes for sale and neighborhood feel. Phoenix is no different. There are areas that have kept strong values and areas that you can get beautiful homes for pennies on the dollar.

Many clients start their search here with the idea that there are thousands upon thousands of homes to choose from, Again yes and no. There are a large number of homes listed for sale. But when it really gets down to it there are a much smaller number of homes that fit the individual’s needs and wants.

Many times when the search begins, clients are surprised by the number of homes that are good prospects for them. Surprised that there are only a few that create that spark. Of course it depends on the client also. Investors have a much easier time, if they are looking for a 3 bedroom 2 baths in a certain area, pretty easy. But if you are looking for your dream home you do need that spark.

The market here also changes from day to day, depending on what’s going on in the world that day. From gas prices to mortgage rates, it all has an impact on the market. Also Short sales, bank owned, and "regular" sales, all are unique.

Arizona 360 Realty has the experience to help clients with their unique needs. We are not the large corporate feel, but more an individual person dealing with individual needs. Visit our website www.sellaz360.com and let us know what your needs are.

Thanks for reading and please feel free to comment or ask questions on a subject you want more information on.

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