Fountain Hills Arizona Real Estate Homes Sales Report October 2011

The Fountain Hills Arizona Real Estate Market is holding it's own. As you can see the number of listings is up slightly from September. That could be a reflection of our winter season - of which we have many out of town buyers visiting from cold country and looking to purchase a winter home. Some sellers will wait till our 'winter season' to list this type of property knowing they'll get the most amount of potential buyers over the holiday months of November, December and into the New Year.
Fountain Hills, AZ Pending sales and Closed Sales are pretty close to the previous month and down from August, but not significantly. Looking back a year ago the Fountain Hills real estate market is much more active this year and sales have continued in an upward pattern. I expect the next three months sales to increase - all things being equal.
With unprecedented low listing prices and LOW INTEREST rates many people can now afford to purchase their first Fountain Hills home and/or move up to a larger home. If you're looking to purchase a Luxury Fountain Hills, AZ home you will have many outstanding homes to chose from currently. I haven't seen such value in many, many years! For example a home that may have sold for $400K to over $1M are now selling in the low $200's and up. Excellent Buys abound in the Fountain Hills, AZ Real Estate Market. Many investors are purchasing homes and/or condos with the intention of holding onto their investment for 5 to 10 years. The rental market is hot and finding good rentals is difficult. Perfect time for Investors to buy real estate in Fountain Hills, AZ.
Low Interest Rates + Smoking Hot Home Prices = Time to Buy Home in Fountain Hills, AZ
And of course if you're looking for a hard working, dedicated real estate agent that knows the Fountain Hills, AZ real estate market and knows how to navigate our hot real estate market give me a call today and we'll discuss your real estate goals - Anna 'Banana' Kruchten 602-380-3886. I am an expert at finding excellent buys whether it's for your personal home or investment properties. Ask me about my easy to use ROI tool to knock out the numbers and clearly see in black and white if it's a wise real estate investment.
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