Two words of advice…. BUY NOW !

For homeowners still underwater from the mortgage and real estate meltdown of the last decade, good news is being reported for the Phoenix Metro area today from Zillow.  The online real estate website is placing Phoenix at the TOP of the list for home value increases for 2012 out of 30 top U.S. metro areas and  projecting a 6.5% average increase in home values in the Phoenix area in 2012.  This is great news for homeowners that are looking to sell that may still be upside down in their current home’s mortgage.  It is also a GREAT time for buyers.  The bottom of the market has come and gone, but guess what… rates are still at historic lows and although for the past 60+ days we have seen homes selling at higher than list prices here in the valley, buyers can still get a great deal.  Remember, home prices dipped down so far over the past 5 years that even with these reported gains, buyers still have a great opportunity.  So why are you waiting?  For more on the Zillow story and for a chart of the 30 metro areas that were looked at, check out…

Zillow Home Value Forecast: Majority of Markets To Hit Bottom by Late 2012

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2 Comments

  1. Valuable information. Fortunate me I discovered your site accidentally, and I am surprised why this accident did not happened earlier! I bookmarked it.

    Reply
    • So glad that you found my site. I hope that the information is very valuable. If I can answer any real estate questions or if you know anyone looking to buy or sell real estate in Phoenix, call or email me.

      Reply

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