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Market Conditions in Buckeye : Real Estate Advice

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  • Local Info9
  • Home Buying51
  • Home Selling2
  • Market Conditions4

Activity 7
Wed Jan 8, 2014
Rob Conway answered:
Bisolutionsgroup, based off of the sq ft and acreage, the range of price would be between 75-85k, depending on the condition of the property, perhaps even higher. The best way to get an accurate figure would be to have an experienced agent look at the property, and compare to recently sold homes. Please email me if you'd like me to come out and give you an accurate opinion of value. rob@robconwayrealestate.com ... more
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Fri Mar 29, 2013
Kreativeideas2 asked:
This question was asked from http://www.trulia.com/property/3094502296--198th-W-Colter-St-Litchfield-Park-AZ-85340
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Wed May 23, 2012
Renee Ashton answered:
Hi Dmiller44,

I would be happy to research any questions you have. Please email me the address in question. I look forward to helping you achieve your goals. Thank you for your interest.

Honesty, Integrity and Service,

Renee
... more
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Sun Apr 1, 2012
Jason Fleming answered:
March of 2009 there were 55,000 listing in the Phoenix area
March of 2010 there were 35,000 listings int he Phoenix area
March of 2011 there were 30,000 listings in the Phoenxi area
Today there are just over 11,000 units.

The median price has risen 1% per month for tha last 8 months.

Forclosures represented more than half the available units on the market in 2009 or more than 28,000 homes. Today they represent just over 22% of the available units for just 2450 homes. Look for the market to continue to climb until pricing rises to a level that new home permits are around 20,000 units per year. Then a more traditional rise in the market will occur.

Homes are in good shape and priced correctly are receiving multiple contracts for more than full price.
... more
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Mon Jul 25, 2011
Andrew Texidor answered:
Riata West is a nice place. All over Buckeye, there is a lot of house available for the money right now. Question is to you, why are you choosing Riata West? Schools? Price? Community? Location?

I live in Buckeye in Verrado and I know that Buckeye is and was a farming community. One thing for sure, you will smell the cow farms over in Riata West as I sometimes do in Verrado.
... more
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Mon Oct 25, 2010
Red_october answered:
Don't waste your time! Take a trip to the area and look at all of the For Sale signs. It's an hour commute to downtown Phoenix and people out here aren't used to driving that kind of distance, not to mjention the time. ... more
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Tue Mar 11, 2008
James Wehner answered:
All of Maricopa county has been deemed a declining market, which includes Buckeye, AZ. Buckeye is a very large city on the outer western parts of the Phoenix metro area. It has seen rapid appreciation as well as the adverse rapid depreciation. Homes in the outer most parts of the Phoenix metro area have been hit hard with their percentage of depreciation.

What part of Buckeye are you looking in? If considering a purchase for primary or investment, you'll have to add an additional 5% to the norm for down payment due to Fannie Mae deeming Maricopa a delcining market. Most purchases for primary residence require 5% down payment minimum and 15% down for investment.

There are many REO/ bank owned properties in Buckeye, as well as short sale/ pre-foreclosures. What are you considering?
... more
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