Queen Creek Real Estate

Queen Creek Real Estate- Market Statistics-June 2009

by Jamie on July 2, 2009

Buyer activity remains brisk in Queen Creek. REO or foreclosures continue to dominate sales, with most seeing multiple offers, selling over list price.

Active listings are up slightly towards the end of June. There was also a slight increase in the average sales price. Pending sales are up and sales did take a dip in June, in my opinion, due to the decreased inventory of foreclosures and the length of time that is takes for a short sale to close- if it ever does.

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Another Twist on Queen Creek Foreclosures-Queen Creek Real Estate

by Jamie on June 25, 2009

Banks’ foreclosure rights questioned- as reported at azcentral.com

And will the inventory of foreclosures return- maybe not- Investors are buying foreclosures at auction

And a look at the current market in Queen Creek:

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New Name and New Zip Codes

June 24, 2009

Unincorporated Queen Creek has a new name- San Tan Valley- 23 names were considered and about 2000 people voted.
Unincorporated Queen Creek is not a part of the Town of Queen Creek, as a result the area is does not have city services. Many feel that with a new name the area will have its [...]

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Just Listed in Johnson Ranch

June 14, 2009

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Queen Creek Real Estate- Market Update

June 4, 2009

I have a great new tool to bring updates on the Queen Creek Real Estate Market. The Cromford Report – the data used to create the Cromford Report™ is obtained from public records and obtained under license from the Arizona Regional Multiple Listing Service, Inc (ARMLS). Cromford Associates LLC and ARMLS expressly disclaim and make [...]

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HUD Secretary approves $8000 Tax Credit for Down Payment

May 29, 2009

Form the HUD website:
“Speaking to the National Association of Home Builders Spring Board of Directors Meeting, U.S. Housing and Urban Development Secretary Shaun Donovan today announced that the Federal Housing Administration (FHA) will allow homebuyers to apply the Obama Administration’s new $8,000 first-time homebuyer tax credit toward the purchase costs of a FHA-insured home.”
…under the [...]

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Queen Creek Real Estate- Stiff Competition and Bidding Wars Emerging for Foreclosed Homes

May 23, 2009

This is the reality in the Phoenix and Queen Creek Real Estate Market from The Wall Street Pit
“Falling home prices and an overabundance of distressed properties are starting to ignite bidding wars in Arizona, as first-time buyers are vying against each other to snap up bargains in the lower tier of the housing market. Some [...]

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Schnepf Farm’s Peach Festival

May 15, 2009

The 15th annual Peach festival is this weekend. The festival is 7:30-4 p.m. Saturday and Sunday. The peaches can be picked from the trees. Admission is $2
Additionally, Schnepf Farms has teamed up with the ice cream shop, Sweet Republic, and created a cool and peachy ice cream treat. They will start serving ice cream [...]

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Queen Creek Foreclosures-Send your Best and Highest Bid

May 10, 2009

“What is your best and Highest Bid”- this is the question you will be asked when looking to buy a Queen Creek Foreclosure or Queen Creek Short Sale If you are looking to put in a low-ball offer: fo-get-about-it. Queen Creek Homes are selling fast, with multiple offers. The inventory is disappearing fast!! So [...]

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Queen Creek Real Estate-Update on Market Conditions

May 7, 2009

I have a neat new tool to report market statistics: The Cromford Report. Here are some graphs that shows Active Listings, Sales, Price per Sqft and notice of Trustee Sales (homes that have received a foreclosure notice). It is evident by the graphs, inventory is shrinking and sales are increasing. I spoke with an [...]

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