Award Realty News, Homes for Sale Arizona, arizona homes for sale
Arizona new homes sales surge across the West, up 23%
August 31, 2009 by Denny Elmes · Leave a Comment
The United States Census indicated sales across the west including Arizona
new homes sales in the United States having risen 23%.
The report includes sales figures from 13 western states including Arizona.
Nationally, new homes sales increased by 11 percent.
Real estate agents in Arizona are saying their clients prefer new homes as opposed to resale houses.
One agent has said,”The foreclosure and short sale process is too long,” said . “I’m taking my clients to the new builds because it takes less time and the price point is about the same.”
Another reason for the spike in Arizona new homes sales is the price. One Valley real estate agent says bank owned homes used to cost far less than new homes. Now, the price is about the same.
Arizona new homes are just a little bit more now than the bank owned homes, but with (new homes) you get peace of mind with built-in warranties whereas with a bank owned property you buy it as is.”
According to the report, 103,000 new homes were sold in the West during July, an increase of 19,000 over May.
To search Arizona new homes simply click the link.
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