If you are looking for an entry point, this is it. Sales are showing signs of life and prices are starting to ever so slowly move up. New home sites have not slowed at all, in fact the amounts of permits have increased this year for the Laveen area due to the expectation of the new freeway system that will by-pass a planned down town center locating at 59th avenue and Dobbins.
Average price of a home in Laveen is $250,231 for the second quarter of 2007 and the average cost of price per square foot is $131. That's down over 10% from last quarter. We also have seen a decrease in total number of sales down 30.4% to 455 total sales. No better time than now to buy. If interest rates go up so do lease rates and if they go down then real estate prices go up. Either way from this point it is a win win situation.
With our expanding market a new proposition was approved to improve the current freeway system and add new light rail to the valley. The federal government has also granted new funds to Phoenix's light rail system. To see more information about the freeway system, go to http://www.azdot.gov/Highways/
Where to buy is a very important factor when coming to the Phoenix metro area. Job location, schools and style of living are all a big factor.
If you are considering selling or buying in the Phoenix area, please visit my website to learn more about Phoenix and the surrounding areas. We are offering $2000 cash back on closing costs to Buyers who sign-up with AZCO Properties by May 10. Please ask for the Realty Times Promo code RT100 to be eligible for this promotion.
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ZIP Codes: 85339, 85041, 85043 Location Characteristics: LAVEEN is just 10 minutes South West of central Phoenix. With our South Mountain and Estrella Mountain views it is hard to find a more peaceful setting just outside of the metro area. Laveen still has a country feel to it and with the mountain right at its Southern edge, your backyard is a municiple park that offers 1000's of acres to play. A price for a home in Laveen ranges from the $160K to above 1 million. A large portion of the city is zoned for 1 acre lots.
About Christian Broadwell, GRI (480) 206-1258:
Designated Broker, Realtor, GRI and Engineer I work in Arizona Real Estate from Land to Luxury Homes, New Homes and Commercial Property Specializing in South Mountain Living. Ahwatukee, Baseline Corridor, Chandler, Paradise Valley, Scottsdale, Gilbert, South Mountain Village, Laveen, Goodyear, Avondale, Tolleson and Estrella Mountain Ranch
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
