The Reality of AZ Realty

By Tony Marriott • March 9th, 2010

The Reality of AZ Realty

The Reality of AZ Realty

The reality of AZ realty is that searching for positive news about real estate is not that difficult these days.

Foreclosures have dropped in certain areas of the country.  Some areas are showing rebounds, having an increase in sales volume and home values.  The available home buyer tax credits and low mortgage rates are boosting home sales. 

Even the drop in January sales appears temporary because, after-all, the tax credit expires on April 30th and people will start pounding the pavement in search of the new home to use it on.

Real estate that is selling in most places is because the price is right.  For example, people are buying Phoenix AZ real estate that they view as priced appropriately.  If the home is affordable, it will sell. 

The real estate that is not selling is real estate that is owned by people who are having a hard time letting go of what they think their home is worth, or who will lose their shirt if they sell at the correct price. 

The reality of realty is that home values are not nearly what most people thought they would be when they bought their homes at the height of the market, but if you price your Phoenix home correctly for this new market, you have a good chance of selling success.

Click here for a recent article from CNBC on what is going on in real estate right now.

Tony Marriott is a Phoenix AZ real estate agent and would love to show you Phoenix homes for sale or other Phoenix AZ properties.  Tony Marriott can be contacted at 888-577-6585 or by email.

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