Yes, This is the market to buy all my buyers have been in multi offer positions for the last 6 months.

I have recent market statistics to reflect the recent market changes. We have about a 3 1/2 months inventory under 200k.

Feel free to contact me any time if you would like any more information!

Lucinda Tkach
Windermere
602-799-6846

Hello Shawbitz,

Lender owned homes are selling quickly and many for more than their asking price. In zip code 85388 for the first quarter of this year the average price was $140,500, total homes sold 164 and average days on market 64. As of today 142 homes are available, 127 are pending, and since April 1st, 188 homes have already closed.

Multiple offers are becoming common which brings the price above the original asking price, however, the homes are still a good buy even in this market.

Let us know if you are interested in more information about the area as we would be happy to help you.

The Chase's

Hi Shawbits,

There are several reasons that come to mind that support a home purchase,particularly for 1st time home buyers.

As far as market trends, the general consensus it that we hit bottom about mid February and since that news hit the market homes have been selling at a high rate in areas where they are offered at 200k or less, the perfect FHA 1st time buyer range.

If you are a 1st time buyer with great credit and some savings, there are several incentive programs out there right now that will blow your mind. There is a Down Payment Assistance program for qualified buyers for homes in foreclosure that provides 22% down and you can still receive the 8,000 dollar tax refund with an amended return after closing if before November.

I can provide a list of homes that will show sold for your review in that zip code but I need an e mail from you to send that to.

Have a Great Day!

Stew Keene
Signature Realty Group
2008-2009 Master of Real Estate Award

Shawbitz, the time to buy was 3 month ago.

See my blog posting here:

http://www.trulia.com/blog/donald_keys/2009/06/surprise_az_-…

I hope this helps.

You can get an idea from "Find Homes" above
Choose "Recently Sold Homes"

http://www.trulia.com/sold/85388_zip/

Wait another year to buy, prices are still declining. Good Luck