Archive for November, 2008
Foreclosures…A Real Estate Market of Its Own
Monday, November 24th, 2008The distressed property market is now as large, or larger, than non-distressed transactions. In October, 51% of resales in Maricopa county were foreclosed bank owned properties. And, the median sales price for these homes was more than $80,000 less than the median sales price for non-distressed transactions. If you are a buyer in this market, it [...]
Status Update on Major East Valley Condo Projects
Tuesday, November 4th, 2008Main Street Plaza Location: Downtown Scottsdale Condos & Retail Status: First phase complete, later phases stalled, developer in legal dispute with Scottsdale. Centrovida Location: McDowell & Miller, Downtown Scottsdale Mixed-use town homes, apartments, offices, retail shops Status: Stalled Southbridge Location: South side of canal between Goldwater & Scottsdale Rd., Downtown Scottsdale Mixed-use residences, shops, offices, [...]