Phoenix Real Estate & Homes For Sale

Hello and welcome to my web page!
You have found your Realtor resource for buying and selling your home!  Whether you are looking for a new Goodyear property or Anthem land, or you are in the preliminary stages of a Phoenix real estate search, you have found the best in professional customer service.  Buying or selling a home can be one of the most stressful things you can go through.
I want to help you find your dream home, and I take my position very seriously and personally. Your concerns are my concerns and I have the resources to help you.

 Through this real estate web site, you have the ability to search virtually every home for sale in Phoenix, Anthem, Avondale, Goodyear, Sun City and Surprise and all other local areas. In addition to accessing houses and real estate for sale; this web site features comprehensive community information for Maricopa County areas that can help guide you in making the right buying or selling decisions for you or your family.

June 2009– While owning real estate is one of the last tax shelters left in America 
  The tax credit of 8,000 won't last forever! Prices are low and now is the time to buy.  With the right lender advice, the opportunities are available! Have you found a home that needs some up-dating or a new bathroom? There is a loan called 203K that allocates funds for bringing the property up to market value.

When the market was in an appreciating cycle, homeowners sold high and then bought high.  However, in our current depreciating cycle, sellers sell lower than before, but will pay less as a buyer for their next home.  Moving up in a down market makes sense.

As a commodity in the marketplace, homes are like ships in the harbor – they all go up and down with the tide.  Interestingly enough, when the market prices are down because of high inventory… that is the best time to move up!

Here’s why that is true.  Assume for this example that you have a home that is similar to those selling for $500,000 when inventories were low. Then assume that home prices have dropped by 15% to $425,000 as the inventory has significantly increased.  Before the decline, you had your eye on some neighborhoods with homes selling for $800,000 that now are selling for 15% less at $680,000.  When you sell your home based on the current market for $425,000, and then buy a home in that other neighborhood for $680,000, you have just received a positive increase of $45,000 ($120,000 less vs. $75,000 less).

 When inventories are up compared to the number of properties selling each month, there continues to be downward pressure on prices. We are still in this cycle but there are sales reports that show positive changes in the inventory; reflecting a slight increase in home values.

For colorful dialogue about today's Real Estate market in the Phoenix area, please go to My Blog section.
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Coldwell Banker Residential Brokerage
9949 W Bell Rd #101 • Sun City, AZ 85351
Mobile: (602)865-9088 Office Phone: (623)972-1161 • Office Fax: (623)974-1709 Home Fax: (623)937-0546


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