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Arizona new homes sales surge across the West, up 23%

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.

Sun City Arizona Voted Best Places to Live

“Sun City Arizona Voted Best Places to Live”, says US News and World Report.

Among the reason’s Sun City Arizona earned this coveted award are things like low crime rate, and comprehensive health care.

It has an estimated population of around 39,000.

Some of Sun City Arizona’s cultural attractions are it’s Music Society has a six-concert series November through April.

Sun City homes for sale are on the rise and the city offers several different communities to chose from including: Sun City West, Sun City Festival, and Sun City Grand.

Around these Sun City homes for sale are its wonderful 8 golf courses with well-organized recreational facilities.

A fun fact for Sun City is As soon as you move in, a city social director will arrange a golfing excursion or arts and crafts lesson with your neighbors!

To view Sun City homes for sale, simply click the link!

Strong Gain in Existing Home Sale in Arizona

Strong Gain in Existing Home Sales in Arizona

“For the first time in five years, existing-home sales have increased for four months in a row, according to the National Association of REALTORS®. The last time sales rose for four consecutive months was in June 2004, and the last time sales were higher than a year earlier was November 2005.

Largest Gain in a Decade

The monthly sales gain was the largest on record for the total existing-home sales series dating back to 1999.

“Because price-to-income ratios have fallen below historical trends, there are more all-cash offers. In some recovering markets like San Diego, Las Vegas, Phoenix, and Orlando, the demand for foreclosed and lower-priced homes has spiked, and a lack of inventory is becoming a common complaint.” …….

Loan Modification Arizona News – Loan Repair Today

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Arizona Real Estate Boom Trend

Arizona Real Estate is on the rise for investors.

Recently it was reported that investors are coming to Arizona to purchse foreclosed homes and either sell, rent, or lease the homes back to the people or lost their home to foreclosure.

Some of the comments I’ve heard are “wow, I’m sure the people who are renting the same home they lost will take really good care of it”. I think the sarcasm is a little premature considering most people once they do something wrong the first time they normally won’t do it again!

If you would like to view Arizona Foreclosures for sale simply click the link.

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