PRLog (Press Release) -
Nov. 7, 2010 - In the month of October the greater Phoenix market had 76 total luxury homes sold priced from $800,000 - over $3,000,000. 42% of the homes were purchased with cash, 57% were purchased with conventional loan, and only 1% was purchased with creative financing. This is a clear indication that the luxury home market is picking up. We will still continue to see bank owned homes and short sales come on the market but I believe buyers are starting to look now and willing to buy if the right home comes on the market. Our luxury home market has become a beauty contest along with price wars!
Click link to see chart =
http://public.superlativehost11.com/BlogDetail.aspx?id=76...Thank you!
Juan Pesqueira
SELLING A LIFESTYLE!
Realtor, Appraiser
Distressed Property, Relocation, Investments, Luxury Home Sales
Prudential American Associates Real Estate
8930 E Raintree DR Suite 200
Scottsdale, AZ 85260
Direct Cell 480-458-8007
email: pesqueira2@cox.net
http://www.homes-
paradisevalley.com/
Of all the decisions you will face when buying or selling a home, there is none more important than the person you choose to represent you! Choose carefully