Capital Pacific Homes in Phoenix-Mesa, AZ

Local information about Phoenix-Mesa, Arizona

Tips on buying a new home in Phoenix-Mesa, AZ

Phoenix: Strong Seller's Market Continues
Realty Times Feature Article by Blanche Evans

As Phoenix enters the spring selling season, mountain-cool interest rates continue to make the area desert hot in sales. "As we enter into spring," says Realtor David Moore, "sellers should expect the market to begin to recover some of it momentum. Traditionally spring and early summer are our best selling season. Low interest rates continue to help the already steady valley market."

Suggest Realtors Wally and Patricia Neal, "Home sales continue at or near all-time highs, but the median days-on-market number has climbed to over 50, the highest level since the early 90's, price appreciation is substantially lower, and buyers are much more picky about condition, features, and value."

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Northern Scottsdale: Sonoran Desert Paradise
Realty Times Feature Article by Blanche Evans

Northern Scottsdale is one of the fastest growing areas of the Phoenix Valley due to a wide variety of reasons -- from its slightly cooler weather, custom homes, recognized schools and year-round sports to its beautiful mountain views.

In the area north of Happy Valley and east of Pima, there are breathtaking surrounding views. "Some say it could be the next Paradise Valley," says Realtor Victoria Felice. "Others say it is the horse Mecca of our country."

There are good buys still available, says Felice. "Prices are quivering at the 'status quo' line - as buyers are taking advantage of last year's leftovers and picking up some very good buys before the loan rates and property prices start hedging up and go over the peak, literally speaking."

"It has been a long run of great loan rates, and now that the public has gained some confidence back in the economy, buyers in the higher price range have been coming out of the woodwork. Sellers thinking they will have to wait a half a year or more before they sell are being surprised by buyers when they priced their home smartly," advises Felice. "These financially smart buyers are appearing, almost sneaking up on the sellers with respectable offers."

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