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Apache Junction, Arizona, Releases State Lands To Developers

Realtors in Apache Junction, Arizona, say their area has turned into a hot seller's market, touting gorgeous mountain views, reasonable prices, and the release of state lands to developers.

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"Apache Junction is a desert town at the base of the Superstition Mountains, with a 30-minute commute to Sky Harbour Airport," explains Realtor Gregory Wittekind. "Sales have been strong in Apache Junction for the last year. Appreciation in some areas have doubled in one year. The desert vegetation and mountain views in many areas are spectacular. Investors are realizing the value in clearing old lots (tear down) and rebuilding with upscale executive properties. State land is being bought by developers, and planned area developments within the town are now being built. Custom home sites on acreages with mountain views or semi-custom homes in well-planned subdivisions are available."

Advises Realtor Rob Jones, "Presently, homes are selling as soon as they hit the market. Now more than ever you need a competent Realtor to assist you in being able to locate a home for you before it sells. Don't wait for home prices or interest rates to increase."

"You may think that Apache Junction is just a small town 'way out east,'" says Realtor David Morales, "but here you will find a variety of great, planned subdivisions at great prices. You can also find properties with awesome mountain views. Expect the price range to be $160,000 to $220,000 for a beautiful three-bedroom, two-bath home with 1,400 to 2,400 square feet."

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Published: May 26, 2005

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Mortgage Rates
30 Year Fixed: 3.83%
15 Year Fixed: 3.05%
1 Year Adj: 2.73%
(U.S. Weekly Averages)

Today's Headlines 05/26/2005


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