Sedona Real Estate Foreclosures and Short Sales
Sedona AZ Real Estate has had and continues to have its' share of Foreclosures and Short Sales undervalue our marketplace. Since the 1st of January 40% of our sold homes are either a foreclosure or a short sale. AND of our homes currently under contract - 55% of those are Foreclosures and Shorts. What is even more interesting is in the Sedona AZ Real Estate Homes for sale- of the 450 currently active - only 20% are either a foreclosed home or a short sale. That tell's me that the Consumer is targeting those properties. We are starting to see even bigger discounts in the Foreclosure and Short Sale pricing - as lenders are trying to dump these off their books at a greater speed - and seller's in a short sale position are dropping their prices to entice a buyer to hang in therer for the long, ardous process of dealing with a short sale. With low interest rates, consumer confidence starting to return, high seller motivation, it continues to be a great time to buy. For all your buying and selling needs - I can be reached at www.barbarabaker.com barbara@barbarabaker.com 800-975-5943 or on twitter, Facebook or LinkedIn.