Prescott, AZ

Here in Northern Arizona an average real estate transaction still means a Seller wants to sell a home by finding a ready, willing and able Buyer to purchase said home at an agreed upon price.

No waiting 3 months or more for a bank to give approval, or purchasing a home without any disclosures because the bank has taken back the property or going "online" to bid on the property.

Less than 10%* of our Multiple Listing Service Area (Residential properties) consists of short sales listings, foreclosure or HUD Homes.

I would invite you to come and see the inventory of homes in the Prescott Area.

*As of Febraury 6, 2009.

We subscribe to an e-mail newsletter (eppraisal.com) which recently had an article we thought you'd like to see. They track the market values in 189 towns across the U. S., including Prescott. In their latest report covering the previous 6 months, they showed that most towns were still declining in value, however Prescott appears to have leveled off. You can read the article and see the list by clicking the links below. When you look at the rankings, Prescott is #14, right on the cusp of moving back into increasing value. Click to see the graph for more info.

Read full article.

See a complete list of national rankings.

This info validates how we've been feeling the past couple of months. It seems like we've been busier now than we were during the summer - and this is usually one of the slower times of the year, with holidays, etc. We've had more calls, more web hits, more showings, etc. These things, together with the lowest interest rates in decades, plus the efforts that the government will be putting into place, make us feel encouraged that we are heading out of this difficult time. In past downturns, Prescott has been among the last towns affected and one of the first to recover. The attached ranking list seems to confirm that.

Welcome to my new blog at ActiveRain. My partner and I have over 55 years combined real estate experience. We have lived and worked in Prescott, AZ over 14 years. Please feel free to write or e-mail if we can help you with any real estate questions or needs.

Prescott Arizona, located in the Bradshaw Mountains of central Arizona, is one of Yavapai County's most robust cities. Prescott is the county seat of Yavapai County and is the area's leading cultural center. Yavapai County consists of almost 250,000 residents, 120,000 of those reside in the Prescott Metropolitan Area. That outstanding number makes Prescott one of Arizona's biggest cities, just behind Tucson and Phoenix. The Prescott Metropolitan Area is comprised of the cities of Prescott, Prescott Valley and Chino Valley - these three cities together form a region of unparalleled diversity and community atmosphere.

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