- 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...
SELLING A LIFESTYLE!
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
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