Everyday I receive emails from builders offering HUGE incentives, low fixed interest rates (the builders frequently will buy money at a lower rate in order to offer an affordable int
erest rate to their buyers). Builders have and are selling off their inventory homes with DEEP discounts.
For instance, I received an email today announcing:
4.99% RATE IS BACK
AVAILABLE ON 30-DAY CLOSE SPECS WITH 5% DOWN
That is just ONE example. I literally get dozens a week. So, if you're waiting for prices to go down, maybe they won't. By the time everything is sold out, prices will go up again as before according to supply and demand.
I just listed a beautiful little home in Apache Junction for $165,000! It's not a short sale, nor is it a lender owned AND the sellers still live in and maintain this property. It'll be grabbed up shortly I'm sure since it is lower by $15K than anything else in that community including short sales and lender owned properties.
Today, 56,506 active listings.


Mesa, Arizona Real Estate. Call me at: 480.382-8711 for information on purchasing or selling a home in Mesa, Arizona or surrounding towns. OR email me: Teri@TeriEllis.com. Feel free to visit my website: HomesAzRE.com, or stop by my blogs at: MesaAzRealEstateVoice and AzLadyInRed!
