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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 > Scottsdale > North Scottsdale


Market Conditions Summary for North Scottsdale in Scottsdale, Arizona


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

Lyn Trayte
as of 11/4/2008:
There are presently 1980 active listings in the North Scottsdale area with inventory levels down about 9% from the previous 2 months. The number of active bank owned or short sale properties in this area constitute only about 6 % of the inventory,... MORE->
About Lyn Trayte

Reported by

Jim & Vivien Biggs - 866.250.9595
as of 10/15/2008:
Call us locally at: 480.390.6562 or 602.615.9137! Ask for a FREE CUSTOM MLS search website! Higher than normal resale inventory in the market is providing a buying opportunity! Most months of 2008 have shown an increase in sales! Its a BUYERS... MORE->
About Jim & Vivien Biggs - 866.250.9595

Reported by

Jackie Dokos
as of 10/12/2008:
FREE Access to the MLS at www.JackieDokos.com or www.AZHome4me.com. Call 888-810-8330 and ask for their "Two Nights/Three Days Free Hotel Stay" special when you buy or sell a property through them. AUGUST 2008 STATISTICS Average Days... MORE->
About Jackie Dokos

Reported by

Mike Bodeen
as of 9/15/2008:
Leveling out of market will be occuring between August of 2008 and fall of 2010. Sales are increasing in many areas of Phoenix metro area (lower prices). Lots of foreclosures will still be coming on the market over the next 6... MORE->


Average Current Market Rating: 1.8    (5 ratings)




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Buyer's Market

Seller's Market

Average Current Price Trend: 2    (5 ratings)




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Falling

Rising

Navigate: Top > Arizona > Scottsdale > North Scottsdale


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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