Scottsdale Foreclosures Down to Levels Seen in a ‘Normal’ Market

When it comes to the Scottsdale real estate, prices are up, and Scottsdale foreclosures down. The figures are close to those of a healthy market. The Cromford Report shows that the current number of pending foreclosures in the Troon area dropped substantially from the highs represented in late 2010. For those looking to benefit from the low prices of Scottsdale foreclosures or even REO listings, there are still many to be found, but the number is steadily shrinking toward normal levels.

Meanwhile, the prices of homes are continuously climbing. Increasing home sales and plummeting foreclosure rates have both contributed to a significantly smaller supply of homes. This, along with increased demand for luxury homes, has caused the rise in home prices throughout Scottsdale. Check out our Current Market Trends. Homebuyers are encouraged to take advantage of the current prices before the market becomes even more competitive. It is not too late to find deals on beautiful homes in Scottsdale.

If you wish to schedule a showing of any Troon homes for sale, give me a call at (602) 791-0536, or reach me by email at Carmen@TopScottsdaleHomes.com.

Carmen Brodeur JD
Realtor
Trillium Properties, LLC
9825 E Bell Road, Suite 120, Scottsdale AZ 85260
(602) 791-0536
Carmen@TopScottsdaleHomes.com
www.TroonRealEstate.com