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December 3, 2008
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  CONDITIONS™
By Local Real Estate Experts  

These agents are in the field every day. Who knows the local housing market better than the people who work it on a regular basis? Click on the "MORE" link after each summary to find out more about each agent and their opinion of the Real Estate market for this community. Agents, click here to share your opinions of this market.

Top > Arizona > Phoenix > Desert Ridge


Market Conditions Summary for Desert Ridge in Phoenix, Arizona


Reported by

Bob Stahl
as of 11/26/2008:
Phoenix is such a large city that home prices vary dramatically - from $99,900 in the Maryvale area to $274,250 in the Desert Ridge area. Overall, the median price for single-family homes in the City of Phoenix dropped 6.7% to $147,475.... MORE->
About Bob Stahl

Reported by
VIP Investor Network, LLC
as of 11/18/2008:
WELCOME TO DESERT RIDGE! We are currently experiencing a strong buyers market with prices trending downwards. The average price of a single family residence is approximately $350,000. BUT... VIP Investor Network Specializes in TRUE Wholesale... MORE->
About VIP Investor Network, LLC

Reported by

Emmet Acebedo
as of 11/12/2008:
Emmet's two cents : 30 Year Fixed Rate National Average 6.13%. : Look for Fannie Mae and Freddie Mac to start restructuring home owner's loans. Many of the servicers fee involved in the process may be covered by the Fannie and... MORE->
About Emmet Acebedo

Reported by

Marci Greenberg
as of 11/11/2008:
Though this is a normal market many homes are remaining unsold for quite awhile. Buyer's are at an advantage. Even builders are giving incentives to sell their inventory. Check out my website www.movinwithmarci.com for more... MORE->
About Marci Greenberg


Average Current Market Rating: 1.3    (4 ratings)




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Buyer's Market

Seller's Market

Average Current Price Trend: 1.8    (4 ratings)




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Falling

Rising

Navigate: Top > Arizona > Phoenix > Desert Ridge


Note: A strong Buyer's Market does not necessarily mean that it is not a good time to sell your home. Likewise, a strong Seller's Market does not necessarily mean it is a bad time to buy a home. We suggest contacting one of the Real Estate Professionals on this page for advice.

These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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Mortgage Rates
30 Year Fixed: 5.97%
15 Year Fixed: 5.74%
1 Year Adj: 5.18%
(U.S. Weekly Averages)

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