Current Market Rating: 3 1 2 3 4 5 Buyer's Seller's

Current Price Trend: 4 1 2 3 4 5 Falling Rising

QUEEN CREEK is indeed a community with great demand and incredible values!

* 398 single family detached homes were purchased in August 2009 vs. 354 last year (August 2008).

* The average price paid was $136,423 vs. $168,584 last year.

* The median price came in at $114,500 vs. $145,000 last year.

* The ratio of purchase price to list price was 102% vs.100% last year.

* The average time on the market was 58 days vs. 68 days last year.

* There were 1,870 Active single family listings vs. 2,395 last year.

Queen Creek (and the greater Phoenix metro area) is being impacted by bank owned (foreclosed/REO) properties continuing to hit the market in record numbers. As a result, several unique conditions currently exist:

The selection of available homes for sale in Queen Creek is good, but significantly less than it was a few months ago. Regardless of the price point, many of the bank owned (foreclosed/REO) properties are in deplorable condition (trashed/stripped by former owners and/or vandalized after being vacated/abandoned), but perhaps 10-20% of them are in terrific locations, have quality upgrades and a private pool, and are in move-in condition. There are also hundreds homes in Queen Creek that are on the market by homeowners who want or need to sell their homes, many of which are in outstanding condition and priced quite aggressively.

Prices in Queen Creek have fallen to the point where many nearly new homes are actually priced below current comps/appraisals. Some areas have seen prices correct downward by as much as 50%. Home prices are extremely attractive and affordable in virtually every area of Queen Creek, including gated communities and horse properties, and are arguably at or near rock-bottom levels.

In spite of the sub-prime lending crash that started in 2006, and national banking/liquidity crisis that surfaced in 2008, mortgage loans in Queen Creek are still readily available. Credit requirements are more stringent than they were in recent years, but solid loan products and pre-approvals are indeed accessible. Several loan products have made a roaring come-back, including FHA loans requiring only a 3.5% down payment, VA loans requiring no down payment and USDA rural loans that also require no down payment.

Mortgage interest rates continue to hover in an historically low range. Like most everything on this planet, the reasons for such super-low mortgage interest rates are numerous and complex. The obvious benefit is that many buyers are indeed able to finance their home purchases. And given the tremendous choice of homes and almost unbelievable pricing, bargains, deals and steals in Queen Creek are happening daily.

The result of the foregoing conditions ~ abundant homes, extraordinarily low prices, availability of mortgage financing and low interest rates ~ is a noticeable, steady increase in buying activity in Queen Creek. Properties that are priced aggressively and in above-average condition (bank owned or not) are often drawing multiple offers and selling in just a few days.

Whether your interest is in bank owned (foreclosed/REO) properties, pre-foreclosures, short sales or homes being offered by traditional homeowner-sellers... and whether you're looking for smaller, larger, older, newer, waterfront, gated, private pool, no pool, horse property, mountain views or any other type of home in Queen Creek, we're here to serve you and help you find and purchase just the right home at just the right price.

For FREE access to ALL of the currently available listings in Queen Creek (or anywhere in the Valley of the Sun), simply go to http://DreamcatcherRealty.com.

For FREE email delivery of ALL of the currently available listings that meet your exact wants and needs, or FREE access to a customized website where all of the details on all of the homes are displayed and updated daily ~ including photos, virtual tours, property features and even addresses ~ simply email info@DreamcatcherRealty.com. No registration required!

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For fast, friendly, professional information and assistance regarding homes in Queen Creek, email info@DreamcatcherRealty.com, or call 888-234-3293 or 480-926-8777. We'll respond to you quickly and courteously, by email or phone, whichever you prefer. No pushy salesmen! No pressure! No obligation!

ZIP Codes: 85240, 85242, 85243

Approximate Location Boundaries: Queen Creek, in the southeast corner of Maricopa County, Arizona (Southeast of Phoenix) is within 10 minutes of Phoenix-Mesa Gateway Airport and 45 minutes of Sky Harbor International Airport.

Location Characteristics:

SHHHHHHH...

Queen Creek is one of the best-kept secrets in Arizona!

#1 BOOM TOWN in UNITED STATES

The Gadberry Group, a location intelligence firm, recently announced that Queen Creek, Arizona was the most notable high-growth area in the U.S. in 2008. Given the large amount of news about negative growth and market conditions, Gadberry's boom town list clearly illustrates that there are many places experiencing growth - and Queen Creek is a shining example.

According to Larry Martin of the Gadberry Group, "Queen Creek's consistent, sustained growth is amazing. When we ran the numbers we saw that the Queen Creek area added an unbelievable average of seven occupied households every day since January 1, 2000."

Martin went on to say, "Queen Creek has been a high profile growth area for years so we weren't surprised to see it take the top spot this year." The Queen Creek area continues to experience tremendous growth, expanding from 4,011 households in 2000 to 28,439 in 2008, or an increase of 609%.

FAMILY COMMUNITY

Exceptional climate (with 330 days of sunshine annually), natural recreational riches and a relaxed, rural lifestyle combine to fulfill the dreams and visions of those who relocate to one of America's best small towns.

Queen Creek's 23,000 residents enjoy the benefits of small-town living close to a metropolitan area: low crime rates, easy commuting to and from metro Phoenix, excellent air quality and a variety of recreational activities, all elements of a low-stress lifestyle.

Queen Creek is a family place, where the residents take pride in independence. It's a "first name" community, where a person behind the counter isn't an uncaring stranger, but someone who will know you by name.

THE GREAT OUTDOORS

Queen Creek covers 26 square miles, and if you enjoy the great outdoors, Queen Creek is the place for you. You can ride a horse or hike into the mountains and across trails into the countryside. If a more relaxing time is your idea of fun, you can sit on the patio and view the San Tan and Goldmine Mountains to the south, and the Superstition Mountains to the northeast.

RICH with HISTORY

The Town of Queen Creek's name originated over a hundred miles away. Up in the eastern mountains surrounding the Town of Superior, the land is rich with supplies of ore. One of the many mines that opened up in those mountains was the Silver Queen. At the base of the Silver Queen mine was a creek known as the Picket Post Creek. When the Silver Queen Mine opened for production, the name of the Picket Post Creek was changed to Queen Creek. That creek runs down from the mountains, past the mine, through the Queen Creek Canyon, into the area surrounding the present day Town of Queen Creek.

Special thanks to the Town of Queen Creek

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Randy Hooker is the Designated Broker for Dreamcatcher Realty, an independent, cutting edge residential real estate firm in the greater Phoenix area. Randy was born and raised in Texas but has been a resident of Arizona since 1997. He has a Bachelor's Degree in Psychology and a Master's Degree in Education. Randy is a former Licensed Professional Counselor, and has over thirty years of consulting, marketing and management experience ~ in addition to 12 years as a full time residential real estate and relocation specialist in Arizona.

The philosophy and attitude that Randy brings to Dreamcatcher Realty and all of their clients is that real estate agents and brokers should serve as real estate Consultants ~ drastically different from traditional sales people or old school sales agents. A Consultant listens to the needs, desires and dreams of their Clients and then helps them meet their goals and objectives. A Consultant offers information while supporting and encouraging Clients in their own decisions. A Consultant never tries to pressure or 'sell' their Clients. A Consultant is dedicated to the well-being of their Clients ~ not the commissions. A Consultant is in constant pursuit of more knowledge that will enable him/her to better serve their Clients. A Consultant is a friend, advocate and loyal professional with unquestioned integrity.

For fast, friendly, professional information and assistance from a client-centered real estate Consultant, email info@DreamcatcherRealty.com or call 888-234-3293 or 480-926-8777. We'll respond to YOUR needs and requests, quickly and courteously by email or phone, whichever you prefer. No pushy salespeople! No pressure! No obligation!