As one of Arizona's fastest growing communities, Peoria is a great place to live. There are many great neighborhoods and numerous recreational activities for everyone including the Peoria Sports Complex, Lake Pleasant Regional Park and much more. Homebuyers are unlikely to find a more opportune time than now to purchase their dream home. Affordability has dramatically gone up, and is now at a very reasonable valuation compared to renting. Extra GOOD news and another reason for a buyer to act now, is the current all-time low interest rates which can result in a substantially lower monthly payment. A one-point drop in rates can bring a monthly payment down to about the same amount as if the sales price was dropped by thousands. There are a variety of loan programs available to meet the needs of each qualified buyer. If you are planning on living in your new home for several years, now is an excellent opportunity for you to make that move. Buyers currently have numerous choices and much leverage to purchase that dream home they have been thinking about. Remember if you wait to hear prices have stabilized from the media, you will have already missed your best buying opportunity.
A great number of the current transactions are REO properties and short sales. Most banks and lenders are negotiating with sellers and accepting deals to avoid foreclosure. We are seeing investors buying single family homes at specific price points. The market value declines have caused many sellers stress because their homes are staying on the market for 6 months or longer. Sellers who are willing to be realistic and price their homes at current competitive market values are actually selling their homes. As a seller, you also need to present your home to the market as attractively as possible and price it correctly when you first put it on the market. This is the time when buyers are interested in seeing the new home just listed and what it has to offer them.
If an event in your life requires you to sell your house or purchase a new home, I can assist you. Changes in our lives keep us moving. Contact me directly at 602-574-3783 with any questions or concerns you might have. Or if you would like more information or want to start searching for your next home, just visit my website at www.House2uOnline.com.
"My Goal is Simple ... It's YOURS."
Betty Harmon
Location Characteristics: As one of Arizona's fastest growing communities, Peoria abides by traditions that make newcomers feel right at home. Since 1980 it has grown from a small town of around 12,000 to a dynamic community of over 133,000, with more than 1.2 million people within a thirty minute commute. Geographically covering 177.9 square miles, Peoria offers ample room for continued job and population growth.
About Betty Harmon, GRI, ABR, ASP:
#1 * Full-Time Professional Dedicated To YOUR Needs. #2 * Provides Detailed Quality Service Keeping You Informed Throughout the Transaction. #3 * Works With YOUR Best Interests in Mind to Earn and Keep Your Business for a Lifetime.
GRI (Graduate of the Realtor Institute) ABR (Accredited Buyer Representative) ASP (Accredited Staging Professional) Member of the MRE Society (Master of Real Estate)
My job is not just to sell homes ---- My job is to present you with all of your available options, help you to evaluate them in regards to your specific needs and represent you and your interests throughout the entire real estate transaction to help you accomplish your specific goals.
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
