Believe it or not, the market has hit bottom in the luxury resort corridors throughout Scottsdale, Paradise Valley and the surrounding areas. This doesn't mean that we won't see price reductions or distressed properties continue to come on the market, but it does mean that the selection of homes is narrowing and Buyers should beware.
Timing is everything. None of us have a crystal ball that tells us when to buy or when to sell. But, based on market activity, the level of sales and trending - all arrows are pointing toward "Buy Now".
Although the media portrays a different story, money is readily available to those with good credit and a down payment. Jumbo financing is still offered at reasonable interest rates and closing timeframes are still within reasonable timeframes (about 45 days).
Like any sale, when you reach the end of it, the good "stuff" is gone and the leftovers aren't so appealing. If you are considering buying (or selling) a luxury home and have been waiting for the right time, consider it now while there are still good options to choose from.
Find information about my listings at http://www.monicamonson.com or call me today.
Friday, June 26, 2009
Tuesday, June 2, 2009
Short Sale Opportunity - A Fabulous European Retreat in Carefree, AZ
This gorgeous European retreat in Carefree Grand View Estates is perched on top of the mountain surrounded by outcroppings and some of the highest views available.
Now being sold as a short sale, it's a great opportunity to purchase it as a primary or second home - or simply for investment.
WAS $3.2, NOW Offered at $2,050,000
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