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December 1, 2009
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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Phoenix Central Corridor in Phoenix, Arizona

Reported by Corrie Wichterman & Amy Paul, REALTOR

Updated October 15, 2009.

Current Market Rating: 2




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2
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5
Buyer's

Seller's

Current Price Trend: 3




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2
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5
Falling

Rising

We are still seeing a strong buyers market for homes priced above $300,000. Homes below that price are being snapped up quickly, some having multiple offers and bids. Short-sales are still dominating many of the listings that are available, but great REO's are hitting the market as well. The best REO are properties that were priced at anywhere from $500-600,000 a year ago, and are now hitting the market in the $300,000 or less range. Those are the real steals! If you are interested in learning more about taking advantage of this hot market please contact Team Wichterman-Paul.



For More Information:

View Market Conditions of other areas served by Corrie Wichterman & Amy Paul

Navigate: Top > Arizona > Phoenix > Phoenix Central Corridor

These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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Mortgage Rates
30 Year Fixed: 4.83%
15 Year Fixed: 4.32%
1 Year Adj: 4.35%
(U.S. Weekly Averages)

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