Currently in Scottsdale, there are 5887 homes on the market and there were 310 sales of homes in the last 30 days in Scottsdale. Homes sold for an average sales price of $495,559 in an average of 149 days.
We are nearing the bottom of the market so if you have a good credit score and an available down payment (3.5% of purchase price) with a secure job, you don't want to miss the best opportunity to buy a home. We have about a 6 month window to purchase a home at the lowest prices & interest rates in years.
The Housing and Economic Recovery Act of 2008 has been amended. The change sets the FHA down payment requirement at 3.5 percent (currently 3%) as of 1/1/2009 and allows a $7500 tax credit for first time buyers. Even if you are not a first time home buyer, this change may be relevant to you. If you have been thinking of selling your home, now may be a good time to do so because additional buyers will be in the market.
Due to the government takeover of Fannie Mae and Freddie Mac, interest rates should be moving lower.
For the entire Phoenix metro area including Maricopa and Pinal Counties, according to the Arizona Regional Multiple Listing Service, the total number of homes for sale as of December 31st is 52,885. There were 5119 homes or 9.7% of the homes inventory sold in the last month. Average Phoenix area home sales price is $188,421 down 12% from the previous month. Call me for the latest price changes and values in the Phoenix area! Right now is a great time for buyers while there is still a large selection of homes.
Great time for buyers in Scottsdale. Investors might want to consider condos in Scottsdale as a great investment right now. Current interest rates are changing for 30 year fixed loans!
Give me a call to see the best homes with the most features in your price range! Definitely a good time for Buyers! To find that special home, call me at 480-632-5959 or toll free 866-594-5959. Contact me for Expert Advice on the Current Changing Market! Get up to date specific information for your area and needs. Great time to buy in Scottsdale!
For information on MOVING to Scottsdale, please visit my website at www.ArizonaHomesExpert.com to request a RELOCATION package! Or for a FREE MARKET EVALUATION of your home and find out what it is worth! Call me to find the Home of your Dreams in Scottsdale! Free Custom Home search delivered via email!
ZIP Codes: 85250, 85251, 85252, 85253, 85254, 85255, 85256, 85257, 85258, 85259, 85260, 85260, 85262, 85263, 85264, 85266, 85267, 85268, 85269, 85271 Approximate Location Boundaries: Scottsdale is located in the NE Valley of the Greater Phoenix area , bounded on the South by Tempe, on the West by Paradise Valley,on the East by Fountain Hills. Expansion is taking place on the North side of Scottsdale.
Location Characteristics: Scottsdale is known as an upscale vacation destination, hosting many business conferences with a variety of posh hotels and resorts. With a population of slightly over 225,000, Scottsdale has a small town ambiance with many cultural amenities, including Art Walks in Old Town Scottsdale and the Arabian Horseshow at West World and Scottsdale Community College. The town borders on Pima Salt River Indian Reservation to the East with an expanse of open land and the McDowell mountains.
About Patricia Hill, E-Pro (480)632-5959:
As an Arizona resident since 1998, who was raised in Indiana and educated in Colorado, Pat knows about relocation, buying and selling homes. Sellers know that her expertise will insure a timely sale for the best price and with their interest safeguarded. Buyers know she is dedicated to finding the right home at the best price in the right location. Her priority is to insure that each transaction goes as smoothly as possible. As a full time agent, she is prompt and reliable in returning phone calls. She is E-Pro Certified and Email Friendly. Give Pat a call at 480 632-5959,toll free at 866-594-5959 or visit her website at www.PatriciaCHill.com for testimonials of past clients, photos and up-to-date information on moving, buying or selling a home in Gilbert, Chandler, Tempe, Mesa or Scottsdale.
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
