We have been active in the Surprise real estate market for over 10 years and would be pleased to send you detailed information on both the purchase and rental markets.
Cliff & Claire Elkins
Rental Houses Heading Up In Price - Many landlords are finding the rental market for houses is a great place to make money. With the high demand, landlords are raising rent. Realtor Shar Rundio says 75% of the calls to her office are not from those looking to buy or sell but from families desperately needing somewhere to live. Some of those rental applications are offering more than the asking price. "We're seeing that if properties are priced well, about $1200 a month is kind of the hot number, they're moving very quickly," Rundio said. Read article:
WEST USA REALTY REVELATION
4050 S. ARIZONA AVENUE, Suite 4
CHANDLER , AZ 85248
mobile (602) 397-3718
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CLICK HERE to search MLS like Realtors do!!
As you can see from the comments the market is strong while the selling prices still are softening. It makes a strong case for your investment strategy as long as you are looking long term. Symposiums I have attended lately are all saying this year we will have more short bank sales then last year and they look for this to last anywhere from three to five years depending on the speaker at the seminar. If you do not have a chosen realtor and need some assistance let me know. I also can provide you with some companies which work with investors in managing their rental properties. I wish you the very best in your future investment strategy.
Have a Wonderful Weekend.
Follow this link to see the page:
This link is valid until 4/23/2011.
You can look at the 'Closed' properties to get a feel for what kind of monthly rental a home of this size would warrant on the 'active' market.
Hope that helps!
Century 21 All Star, REALTORS
Advise email and can assist with MLS data.
I live abouot two miles from Mountain Vista Ranch
Lynn911 Dallas Realtor & Consultant, Loan Officer, Credit Repair Advisor
The Michael Group - Dallas Business Journal Top Ranked Realtors