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Fine Homes in AZ, a Real Arizona Real Estate Agent!The choice is Crystal Clear! The real estate market in Arizona is fast paced to say the least! If you are considering buying real estate, use Fine Homes in AZ to search the MLS real estate listings database. Houses are selling fast all over Arizona. If you find a home you like, contact me and I can set up an appointment for you to view that home. If you need to sell your home, I'll do a free comparative market analysis for you on your property. This will give you an idea of what the houses around you are selling for and how fast they are selling. To do this just email me with address of your property, the area in Arizona that it is located in, and your contact information. I will have a report for you in 24hrs. I am the area expert on Scottsdale Homes in the DC Ranch and Grayhawk golf communities in North Scottsdale, as well as Troon, and McDowell Mountain Ranch. If you have any questions regarding Scottsdale Real Estate for sale, Fine Homes, or would like to set up an interview to see what I do for my listings, please call. 58-17-2007 Market Update Arizona Regional MLS calls it a Seller’s Market!! Third Quarter reports for Arizona Real Estate state that the average sales price has dropped slightly to $377,100 from $349,800. Forecasts say that average home prices will rise in the fourth quarter. The number of homes on the market has gone up to 48,740 from 47,802. Fourth quarter number of homes on the market will go down. The number of homes sold has gone down to 16,224 from 19,781. These number will go up in the fourth quarter. During the first two months of the third quarter the number of new homes built fell to 4,107 from 9,349 in the second quarter. Average number of days on market is at 59 days. Days on market are predicted to go down in the fourth quarter. According to the Arizona Regional Multiple Listing Service employment increased by 2,112 jobs in Maricopa County during July & August 2006. The unemployment rate has gone from 3.5% up to 3.6% in the third quarter. This is due to the combined effect of the increase of jobs with the increase of those seeking jobs. The solid job growth may help to offset the effect of rising mortgage rates on home sales. Luxury Home Development in North Scottsdale Pivotal Group Inc. and Geoffrey H. Edmunds & Associates IncPivotal Group Inc. and Geoffrey H. Edmunds & Associates Inc will soon begin construction on 80 luxury homes at Pinnacle Peak Place. The 124 acre gated community is located northeast of Pima and Happy Valley roads. The homes will range from 4,000-6,000 square feet and will sell for $1.5mil up to $3mil.
This feature is continuously updated as market conditions change. |
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