Twenty-seven new foreclosed or short sale homes came on the market last week, up 50% from last week's 16. These made up about one in every 5 homes being listed in the Prescott Arizona Area MLS system.
Short Sales: 12/27 are short sale listings (see yellow highlight). Short sales are starting to make up more and more of the distressed inventory. I think this is mainly due to the fact that more agents and homeowners are becoming familiar with the process. And most of the new short sale listings are being priced more aggressively too. Many of my buyers are looking at the $100 per square foot number as a goal...might work in Prescott Valley, but in Prescott, this is tough for anything of quality.
Thinking about a short sale? Read these tips to make it go as quickly as possible:
How to help speed up a short sale tips
To get more information about any of these listings or any others in Prescott, Prescott Valley, Chino Valley or Dewey-Humboldt areas, feel free to contact me, or you can search by MLS number, address, or lots of other ways in our Search Prescott MLS section.
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Prescott, AZ, REALTOR focused on the foreclosure markets in Prescott, Prescott Valley, Chino Valley, and Dewey-Humboldt in Northern Arizona.
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Great information for both buyers and sellers in your area! BTW, I checked out the link that you so kindly provided regarding Google Alerts but could not find an answer regarding how they decide to put an new article/post in the system. I am still wondering why I am getting them under my name now!