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November 27, 2009


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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Tempe, Arizona

Reported by Bruce The Moose Fraser, REALTOR

Updated November 25, 2009.

Current Market Rating: 3




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Buyer's

Seller's

Current Price Trend: 3




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Falling

Rising

Home prices are starting to settle at a bottom range, and the number of listings are starting to fall. There are several factors that help make this a buyers market: 1. Interest rates are low and banks want to lend money to qualified borrowers; 2. The unemployment rate is moderate; 3. AZ is a great place to live and work; 4. There is a limited amount of land for new housing, keeping pressure on the demand for re-sale homes. If you are a Seller, hire a great Realtor(R) and price your home fairly. Most homes that don't sell in the first three to four months or two are overpriced. If you are a buyer you may have some competition with lots of buyers trying to make the move in today's market so be prepared to present your best offer. Call Bruce "The Moose" Fraser @ (602)332-5564 today.

ZIP Codes: 85280, 85281, 85282, 85283, 85284, 85285, 85287, 85289

Location Characteristics: Thinking of moving to the Tempe area? Not only is Tempe a beautiful area, it is the home of Arizona State University. If your here in Spring, you can catch a California Angels Baseball game. Not only is Tempe known as a "College Town" it is also known as an innovative business sector in the Valley of the Sun. Shopping, Schools, and Hospitals are all within minutes of local neighborhoods.

For More Information:

View Market Conditions of other areas served by Bruce The Moose Fraser

Navigate: Top > Arizona > Tempe

About Bruce The Moose Fraser:
A native from Maryland, Bruce moved to Arizona in 1980 and started his real estate career in 2003. With a back ground in customer service, Bruce has received the highest level of customer service award for three years straight from Century 21, along with becoming a Centurion award winner in 2005. With the desire to start a team, Bruce moved to RE/MAX 2000 in January of 2007 and started "Team Moose". Bruce then started his own company in May of 2009 Moose Group Real Estate. A member of the Knights of Columbus, Dad's group at Chandler CTA, and an ABR (Accredited Buyer Representative), CRS and Designated Broker holder, Bruce continues to help shape the future vision of "Team Moose", along with overseeing all transactions. Bruce, his wife Melissa of 15 years, live in Chandler along with their 4 children, ages 14 to 11.



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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