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 [...]

Read the full article →

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 [...]

Read the full article →

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 [...]

Read the full article →

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 [...]

Read the full article →

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 [...]

Read the full article →

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 [...]

Read the full article →

Queen Creek Real Estate- Market Statisics April 2009

May 2, 2009

April brought a flurry of buying activity!!! Homes are selling fast with multiple offers, resulting in a significant reduction in inventory.
Currently there are 1344 active listings showing that inventory is down from Mar 2009. The current absorption rate or supply of homes in Queen Creek is 2.7 months-a decrease from Mar 2009. Pending sales [...]

Read the full article →

Cash is King in Queen Creek

April 21, 2009

As it is most notable- the Queen Creek Real Estate Market is changing- sales up significant, over 1000 homes currently pending or under contract for the month of April.
 
 
 
 
In March 2009, there were 438 homes that sold in Queen Creek.  Of those 439 sales- 142 where cash sales or 32%. Conventional financing, usually requiring [...]

Read the full article →

Mid-April Queen Creek Market Statistics

April 18, 2009

Well there is definitely a surge of buying activity in the Queen Creek Real Estate Market. 
At the beginning of April, there were 1568 active listings, today there are 1125, a decrease of 443.
Currently there are 997 listings that are pending or active with contingencies.
So far in April 220 homes have sold.
The inventory of [...]

Read the full article →

First Time Home Buyer Tax Credit

April 6, 2009

This is from an email I received from Amy Swaney of People’s Mortgage that answers some FAQ’s about the First Time Home Buyer Tax Credit
“I have received the many questions about how to determine whether someone is considered a first time homebuyer as people are beginning to realize the impact of the First-Time Homebuyer Tax [...]

Read the full article →

← Previous Entries

Next Entries →