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Emma Beyer's Blog

By EB | Agent in Phoenix, AZ

Villago, Casa Grande AZ: home prices up 12% from last year

If you’re thinking of moving to Casa Grande, Arizona, the master-planned Villago subdivision may be high on your list of places to consider. With its beautiful lakes and walk-ways, stunning landscaping, and floor-plans from four builders to suit all budgets and tastes, Villago in Casa Grande has remained a popular location despite the economic down-turn.

But what you might not be aware of is that on average, Villago’s home prices show almost a 12% increase from 12 months ago:

For many people, this sounds contradictory to national news reporting. Isn’t it still a buyer’s market? The reality is that in Casa Grande, AZ, inventory has been in steady decline since 2009. Fewer homes for sale means more competition for the best properties, and Villago listings are often sold under ‘multiple-offer’ situations, whereby buyers compete with little or no information on the other bids, hoping their offer will be the one selected by the seller.

If Villago is a neighborhood you and your family are considering, it’s important to bear in mind that ‘low-ball’ offers are unlikely to result in a successful purchase. Buyers need to be pre-qualified by a reputable lender, or able to provide proof of funds even to be considered.

The good news is that it is still possible to buy a home in this popular Casa Grande location for a fraction of the prices of a few years ago, with mortgage payments that typically undercut renting by several hundred dollars each month. Something to feel good about as you watch the sun go down over Villago Lake...

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