Glendale Arizona Short Sales – How Sellers and Buyers Benefit

In Glendale Arizona, just as with the rest of the nation, people are losing their homes. Jobs are scarce, and unemployment rates are soaring. If you find yourself unable to pay your mortgage, a qualified realtor can help you make some wise decisions as to whether a short sale may benefit you. They can also help negotiate the sometimes tricky details, so that perhaps you can avoid foreclosure.

For buyers, the housing market is paradise! Home prices are at their lowest in years, which means you can get a real bargain on a home. Short sales in Glendale Arizona benefit both sellers and buyers, although you may sometimes hear otherwise. However you look at it, the buyer is going to get a deal. For the seller, while your credit won't be completely left intact, it may not be completely ruined. In many instances, deciding on a short sale means that you may purchase another home in as little as two years. With foreclosure, the time period is usually 5 to 7 years!

A short sale is usually negotiated between the seller, their lender and the sellers agent. There are quite a few details to be worked through and sorted out, and the process can get pretty lengthy. This is where an experienced Certified Arizona realtor comes in. They have been through all of this before, and can help make the process less complicated and lengthy. Think of them as a 'negotiator' on your behalf.

Another benefit to the buyer is that they offer a price for the home. Of course, anything that is ridiculously low would be refused by the lender, but the buyer can often get a home at 30 – 40% lower than the normal asking price would be. This means that if you could not afford a $300,000 home previously, you may now be able to get a home in that price range for around $200,000. Quite a substantial savings!

In Glendale, whether you are a buyer or seller, you want to know all you can about the short sale process. This helps avoid much confusion and anguish. Many times, people get frustrated or lose patience with the process. If you are a seller who can no longer pay your mortgage, or a buyer looking for your dream home, contact a reputable Certified Distress Property Arizona real estate agent today. It will help make the entire process one you can endure!
Maureen Karpinski
Find your Phoenix Arizona Property at Cactus Country Arizona Homes & Properties

Glendale Arizona Real Estate - Invest In a Town Voted "One of The Best Places

When you are considering the perfect home your family or perhaps investing in

real estate, don't overlook Glendale Arizona. Located nine short miles from

downtown Phoenix, Glendale is known for its reputation for antiques, and its

renowned Historic District. An experienced realtor can give you all of the details

and explain why this city is such a wonderful place to live.

This area is a perfect location for first time home buyers and growing young

families. Glendale is a place that is called home by a diverse population. One

thing people love about this city is all of the activities available. Shop for

antiques in the historic downtown area, play golf on one of 118 golf courses,

visit one of 64 libraries or browse the major museums. There are also twelve

universities, colleges and technical institutes, which is why this area is a fantastic

location to invest.

Investing in real estate is a huge decision for any family. Choosing a home is

probably the most important task you will ever face. A reputable Arizona real

estate agency with years of experience and vast knowledge of the area behind

them can make the entire process stress-free. When you choose a realtor with

your best interests at heart, you can be sure that you will get a beautiful home

or property at a price that is well within your budget.

Glendale is an area that is charming and unique from many other U.S. cities. In

fact, the city itself is older than the state of Arizona! Another factor in the

popularity of not only this city but the entire state is the fact that the sun shines

on average 300 days a year. This means that outdoor activities are always

hugely popular. Desert scenery can be enjoyed along the many biking and

hiking trails winding through the area.

You will find this area totally charming and welcoming. The community enjoys

many events and celebrations all through the year, including the Jazz and Blues

festival in April. There are plenty of boutiques, restaurants and antique shops to

browse and enjoy. As you can see, whether man, woman or child Glendale is a

place that will never bore you for lack of things to do.

Are you ready to find the home of your dreams in a town voted one of the best

places to live? Glendale is the perfect destination for young and growing

families. Let a dedicated Arizona realtor assist you in finding that perfect home!
Maureen Karpinski
Find your
href=http://www.cactuscountryproperty.com/city/phoenix.htm>Phoenix

Arizona Property at Cactus Country
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Where Houses Are Really Selling- You Still Have Time to Get In

A monthly recap of the housing statistics for March in Phoenix and Scottsdale AZ shows there is a monumental shift happening in our market presently so I want to highlight a few things

Available supply of Single Family Detached homes had a 5% drop to 36,791. Closings continued their strong upward trend at 7139 in the month of March to drop our overall supply to 5 1/4 months. The last time we had over 7000 sales in a month was in the middle of 2006.

Pending sales continue to climb to 12,587, another new high.

Phoenix and the West Valley (Glendale, Peoria, Goodyear) are the best markets in the Valley right now at 4 and 4 1/4 months respectively. The SE Valley Mesa, Tempe, Chandler and Gilbert) at 4 3/4 months is close behind. These markets are all sellers markets! We are seeing a dramatic change in our market.
NOW THESE ARE INTERESTING STATS!

We now have 36791 homes available compared to 45707 in March of 2008, a 20% reduction in available inventory.

We closed 7139 Single Family Homes in March 2009 compared to 4043 in March of 2008, a 77% improvement!

We have closed 16588 homes in the first Quarter of 2009 compared to 9,200 in Q1 2008, an 80% improvement.

We currently have 12,587 pending sales compared to 6400 at this time last year, a 97% increase. This also indicates that we should continue to see an increase in closings. I think that we may go over 8000 closings in the month of April.

Last year at this time we had a 12 month supply of homes and this year, it has shrunk to 5 1/4 months, a sellers market.

When you look at all of the current trends, I think that we are on our way to getting better. It is about time!


Maureen Karpinski
Find your Phoenix Arizona Property at Cactus Country Arizona Homes & Properties



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