Foreclosure Updates for the City of Gilbert

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Foreclosure Updates for the City of Gilbert

Gilbert, Arizona Foreclosures & Distress Sales

As expected there were no surprises for the month of September. The Sales volume came in as expected while prices remained flat. Sales volume for this year has been running 14% lower than 2013, but the sales volume for this month was only 1% lower than September 2013. Keep in mind there were 21 working days this September compared to 20 working days in September 2013. Discounting the number of working days, the year-over-year sales volumes were very similar.

Distressed Sales for the Arizona Regional MLS stats show that only 9.6% of homes sold are distressed sales. The pending foreclosures are down to only 6,190 homes. That is a 31.5% decrease from last year.

With year-over-year sales volumes for homes sold being in lockstep, we are afforded a clear picture of the year-over-year changes in sales composition. Normal or traditional sales are up, distressed or investor sales are down. – Provided by ARMLS.

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Distressed Sales For Gilbert Arizona

Click on Price Range or Property Feature below to begin:

Under $100,000

$100,000 to $125,000

$125,000 to $150,000

$150,000 to $200,000

$200,000 to $250,000

$250,000 to $300,000

$300,000 to $500,000

Over $500,000

 

Provided courtesy of the Bradley Potter, PLLC Home Selling Team
Homesmart Realty
Hire a positive and proactive Team of Realtors to help you find your next home!
Call or text 480-239-5468 for information on Buyer’s Representation Services
(NO COST TO HOME BUYERS)
Search entire Arizona MLS for FREE at www.MyPhoenixAreaHomes.com/search
Get a FREE report on YOUR HOME’s Value at www.MyPhoenixareahomes.com/sell
Like us on Facebook! Facebook.com/BradleyPotterteam

 

 

How To Buy Your First Home & 9 Buyer Traps To Avoid

 

How To Buy Your First Home

&

9 Buyer Traps to Avoid

 Houses For Sale

    When first time home buyers area looking for houses for sale, sometimes it is difficult to know where to start.  Finding houses for sale, is the easy part.  There are a few things that one can do first to help make the home buying process very simple and fun.  Our buyer education program “The RWA Buyer” and free library of resources and tools help make the home buying process simple and rewarding.  As a “RWA Buyer” or Ready Willing & Able home buyer, you will receive a few free gifts from our team.  Home warranties, closing costs and Advanced Online Home Search Tools are just a few of the benefits provided by our team.  We are excited for you as you take the next towards home ownership.

 

Fill Out The Information Below

And Receive Your Free Report Instantly

pick my brainNew Picture (15)May2013-41what agent to pickhomesmart logoNew Picture (5)

What the Housing Market is doing…. Looking at the Numbers

Preparing your home to sellWhat is the housing market doing?

The quick video is great for a fast look at what is going on but lets take a more in depth look at what the Arizona residential real estate market is doing.  (see KEY A) The chart below gives us some very valuable data about the phoenix housing market.  It shows us in detail what the absorption rates for the housing market are by specific price range.  We also can look at the Pending ratios to show us the expected market growth and movement.  In this discussion we will focus on the 3 most popular price ranges.  $200k – $249k / $250k – $300k / and $300k – $400k.  These 3 price ranges are where the most homes are sold and the most homes are listed.  If you are a home buyer it is very likely you will be in this price range.  This information should help educate you on what to expect when making an offer.  Most home buyers like to get deals on their home purchase.  Now you will know what kind of discount to expect.

“Key A”

New Picture

Price Range Number 1 ($200k – $249k)

your homes value   There are currently 2,613 homes that are listed for sale between the price range of $200k – $249k.  There are currently 867 homes that have accepted an offer and are now pending.   If we take 867 pending homes and divide it by 2,613 active listings we get a 33.2% Pending ratio.  Meaning of the homes listed right now, only 33.2% of those homes are likely to get an offer.  For every 3 homes that are listed 1 home has a chance of getting an offer on it.

The average list price for this price range of homes for sale is $225,714 and the average sales price is only $220,723.  That means on average, home sellers are  getting 97.8% of their list price.  This translates to seller’s losing $5,000 on the sale price and  very likely they lose another $5,000 with assisting a buyer with closing costs.  Meaning home sellers are losing on average about $10,000 from where they list their home with the suggestions of real estate agent, to when they sell their home to a new buyer.  Part of this may be due to the supply vs demand for the price range of homes (see key #2 below)  There currently is a 3.4 month supply of homes and the average days on market is 64.  Hiring the wrong agent can cost you Thou$and$.

Ill get the job done

Price Range Number 2 ($250k – $300k)

As we climb in price we see a the numbers drop slightly more.  A reason for this is usually as we get in the higher price range home buyers are more educated as they have been through the process, their families are growing and they are more fiscally responsible and more selective in the home they want.  There are currently 2,212expired 2 active single family homes for sale in this price range in Maricopa County and 633  pending single family homes. This gives us a 28.6% pending ratio.  This means out of every 3 to 4 homes listed 1 will get an offer each month. The average list price is $275,381 and the average sales price is $268,970. That is 97.7% sales price : list price.

What I also want you to look at on “Key A” is the number of Expired homes for the last 12 months since today August 20th 2014.  This price range had 1,045 single family homes never got an offer and expired.  This is a top 3 price range for selling a home and 87 homes each month on average expire from active status.  Of the current active homes in this price range 2,212, 4% are going to expire without an offer based on the averages.

Price Range Number 3 ($300k – $400k)

This is the price range that is key for move up home buyer’s.  Home owner’s usually have purchased a home when they were younger and over time have either gotten married, had children or New Picture (6)advanced it career.  They are now ready for a larger home .  If you have another home to sell or rent out and keep as a long term investment, it is important to talk with a professional real estate agent and get the facts and details for what is best for your situation, lifestyle and goals.  As a professional, I have a vast knowledge of both residential resale and rental markets.  I can help guide you down the path you feel is best for you.

It’s time to look at the numbers.  In this price range we have a larger gap of $100,000.  There are currently 3,209 homes listed for sale and 672 pending properties.  That is a 20.9% pending ratio or 1 out of 5 homes listed is likely to get an offer.  There is a 5.4 month supply (see key B) , meaning the supply and demand is more in the favor of the buyer.  That is why we see  a $9,000 difference in average sales price to average list price.  The average list price is $348,025 and the average sales price is $339,004 and homes sit on the market on average 76 days.

(Key B) How to Price Your Home

0-2 Months Inventory-Price with the Market to 10% above Market

3-4 Months Inventory-Price Aggressively with the Market

5-6 Months Inventory-Price with the Market to 5% below Market

7-12 Months Inventory-Price 10% below Market

12+ Months Inventory-Price 10% + Below Market

prepared to work for youFor more information about your home and its value please contact me for a Free Market analysis on your home today.

 

 

Thank you for reading about Low Down Payments For Homes For Sale in Gilbert AZ 85044. 

 Provided courtesy of the Bradley Potter, PLLC Home Selling Team
Homesmart Realty
Hire a positive and proactive Team of Realtors to help you find your next home!
Call or text 480-239-5468 for information on Buyer’s Representation Services
(NO COST TO HOME BUYERS)
Search entire Arizona MLS for FREE at www.MyPhoenixAreaHomes.com/search
Get a FREE report on YOUR HOME’s Value at www.MyPhoenixareahomes.com/sell
Like us on Facebook! Facebook.com/BradleyPotterteam

Investment Properties For Sale in Gilbert AZ 85233

pick my brain    Thank you so much for visiting our website for East Valley Real Estate. In this article we are focusing on the City of Gilbert and Zip Code 85233. Here you will have access to full property details and pictures of actual currently available Investment Properties for sale in Gilbert AZ 85233. Our for sale property information is a direct feed from Arizona Regional MLS and is updated several times daily. This is the same information, as a Professional, Certified National Association of Expert Advisor Member has available. I am giving them to you for free. In fact all my home buyer services are free. So sit back relax and happy house hunting!

These Gilbert AZ 85233 Investment Properties have a super what agent to pickconvenient location in the heart of Gilbert AZ. The freeways are North, South and West of this location in the city of Gilbert.

Is it time to sell? How much is your home worth?  Request a FREE Online custom home evaluation for your Investment Properties in Gilbert AZ 85233.

Market Insider for Gilbert AZ 85233

The data included in this Market Insider Report for Gilbert AZ 85233 is consolidated from multiple sources and includes current listings, recent sales, and more. Whether you’re a buyer or seller, the knowledge you gain will help put you in control of your real estate transactions.

Prices vary depending upon floor plan, size, view, age, condition, updating and remodeling.  Investment Property prices range between $200,000 to $850,000.  The average home sells for about $274,370.  The median number of days active properties have been listed is 49.  The percent of unoccupied or Distressed properties is very low in Gilbert (85233) . It is 11.2% and below the national average.

Conveniently Located in Gilbert AZ 852332_best_ways_to_invest_money-page-001-1

Gilbert AZ 85233 is one of the most convenient areas in the entire region.  Within minutes to just about anywhere in Gilbert and close proximity to necessities. This is an active area within walking distance to several parks!  Nearby shopping, restaurants, and convenient access to freeways this a very accommodating area!

You will love living so close to the Gilbert Shopping District, the golf courses, Gilbert entertainment, and nearby South Mountain..

Located within just a few miles of Gilbert

San Tan Mall, Phoenix Sky Harbor Airport, Arizona State University and Gilbert regional Medical center.

The Investment Properties For Sale in Gilbert AZ 85233 are a great place to call home for your future tenants. You will not be disappointed if you end up living here. You can find Investment Properties for sale in Gilbert (if there are any available today) as well as all available Gilbert AZ 85233 Investment Properties for sale on my website.

Free Community and Demographic Reports for Gilbert AZ 85233school reports 2

Gain valuable insight into the Gilbert AZ 85233 community by looking at household incomes, crime risk, education levels attained, and potential for extreme weather. Use the map to locate points of interest like shopping, restaurants, and health care services.

Search for Investment Properties in Gilbert AZ 85233 by local schools including:

Gilbert Elementary School

Islands Elementary School

Mesquite Jr High

Mesquite High School

The quality of a school can greatly influence home values in an area. Access detailed information on Gilbert School District, school ratings, test scores by grade, student-teacher ratio, and much more. You may need to scroll down the page after you put the zip code in.

Thank you for reading about Investment Properties For Sale in Gilbert AZ 85233. 

 Provided courtesy of the Bradley Potter, PLLC Home Selling Team
Homesmart Realty
Hire a positive and proactive Team of Realtors to help you find your next home!
Call or text 480-239-5468 for information on Buyer’s Representation Services
(NO COST TO HOME BUYERS)
Search entire Arizona MLS for FREE at www.MyPhoenixAreaHomes.com/search
Get a FREE report on YOUR HOME’s Value at www.MyPhoenixareahomes.com/sell
Like us on Facebook! Facebook.com/BradleyPotterteam

Condos For Sale In Beautiful Gilbert Arizona 85233

Condo’s For Sale in Gilbert AZ 85233

gilbert condos

Thank you so much for visiting our website for East Valley Real Estate. In this article we are focusing on the City of Gilbert and Zip Code 85233. Here you will have access to full properties details and pictures of actual currently available Condo’s for sale in Gilbert AZ 85233. Our for sale property information is a direct feed from Arizona Regional MLS and is updated several times daily. This is the same information, as a Professional, Certified National Association of Expert Advisor Member has available. I am giving them to you for free. In fact all my home buyer services are free. So sit back relax and happy house hunting!

These Gilbert AZ 85233 Condo’s have a super convenient location in the heart of Gilbert AZ. The freeways are North, South and West of this location in the city of Gilbert.

Is it time to sell? How much is your home worth?  Request a FREE Online custom home evaluation for your Condo in Gilbert AZ 85233.

Low or No Down Payment Options!New Picture (15)

Most of the Condo’s in Gilbert AZ 85233 are approved for FHA 3.5% down payment financing, Conventional 3% down payment financing, VA zero down payment financing, and Home in 5 Housing Finance Corporation financing.  Apply online to see which low down payment mortgage options you qualify for. Learn more about How To Buy A House With A Low Down Payment In Gilbert AZ.

Market Insider for Gilbert AZ 85233

The data included in this Market Insider Report for Gilbert AZ 85233 is consolidated from multiple sources and includes current listings, recent sales, and more. Whether you’re a buyer or seller, the knowledge you gain will help put you in control of your real estate transactions.

Prices vary depending upon floor plan, size, view, age, condition, updating and remodeling.  Investment Property prices range between $200,000 to $850,000.  The average home sells for about $299,510.  The median number of days active properties have been listed is 57.  The percent of unoccupied or Distressed properties is very low in Gilbert (85233) . It is 6.2% and below the national average.

Conveniently Located in Gilbert AZ 85233

Gilbert AZ 85233 is one of the most convenient areas in the entire region.  Within minutes to just about anywhere in Gilbert and close proximity to necessities. This is an active area within walking distance to several parks!  Nearby shopping, restaurants, and convenient access to freeways this a very accommodating area!

You will love living so close to the Gilbert Shopping District, the golf courses, Gilbert entertainment, and nearby South Mountain..

Located within just a few miles of Gilbert

San Tan Mall, Phoenix Sky Harbor Airport, Arizona State University and Gilbert regional Medical center.

The Condo’s For Sale in Gilbert AZ 85233 are a great place to call home. You will not be disappointed if you end up living here. You can find Condo’s for sale in Gilbert (if there are any available today) as well as all available Gilbert AZ 85233 Condo’s for sale on my website.

Free Community and Demographic Reports for Gilbert AZ 85233school reports 2

Gain valuable insight into the Gilbert AZ 85233 community by looking at household incomes, crime risk, education levels attained, and potential for extreme weather. Use the map to locate points of interest like shopping, restaurants, and health care services.

Search for Condo’s in Gilbert AZ 85233 by local schools including:

Gilbert Elementary School

Islands Elementary School

Mesquite Jr High

Mesquite High School

The quality of a school can greatly influence home values in an area. Access detailed information on Gilbert School District, school ratings, test scores by grade, student-teacher ratio, and much more. You may need to scroll down the page after you put the zip code in.

Thank you for reading about Condo’s For Sale in Gilbert AZ 85233. 

 Provided courtesy of the Bradley Potter, PLLC Home Selling Team
Homesmart Realty
Hire a positive and proactive Team of Realtors to help you find your next home!
Call or text 480-239-5468 for information on Buyer’s Representation Services
(NO COST TO HOME BUYERS)
Search entire Arizona MLS for FREE at www.MyPhoenixAreaHomes.com/search
Get a FREE report on YOUR HOME’s Value at www.MyPhoenixareahomes.com/sell
Like us on Facebook! Facebook.com/BradleyPotterteam

Community Information on Gilbert Arizona 85233 and Single Family Homes

Single Family Homes For Sale in Gilbert AZ 85233

gilbert starter

Thank you so much for visiting our website for East Valley Real Estate. In this article we are focusing on the City of Gilbert and Zip Code 85233. Here you will have access to full properties details and pictures of actual currently available Single Family Homes for sale in Gilbert AZ 85233. Our for sale property information is a direct feed from Arizona Regional MLS and is updated several times daily. This is the same information, as a Professional, Certified National Association of Expert Advisor’s Member has available. I am giving them to you for free. In fact all my home buyer services are free. So sit back relax and happy house hunting!

These Gilbert AZ 85233 Single Family Homes have a super convenient location in the heart of Gilbert AZ. The freeways are North, South and West of this location in the city of Gilbert.

Is it time to sell? How much is your home worth?  Request a FREE Online custom home evaluation for your Single Family Home in Gilbert AZ 85233.

Low or No Down Payment Options!Phoenix Area Homes

Most of the Single Family Homes in Gilbert AZ 85233 are approved for FHA 3.5% down payment financing, Conventional 3% down payment financing, VA zero down payment financing, and Home in 5 Housing Finance Corporation financing.  Apply online to see which low down payment mortgage options you qualify for. Learn more about How To Buy A House With A Low Down Payment In Gilbert AZ.

Market Insider for Gilbert AZ 85233

The data included in this Market Insider Report for Gilbert AZ 85233 is consolidated from multiple sources and includes current listings, recent sales, and more. Whether you’re a buyer or seller, the knowledge you gain will help put you in control of your real estate transactions.

Prices vary depending upon floor plan, size, view, age, condition, updating and remodeling.  Single Family Home prices range between $200,000 to $850,000.  The average home sells for about $274,370.  The median number of days active properties have been listed is 49.  The percent of unoccupied or Distressed properties is very low in Gilbert (85233) . It is 11.2% and below the national average.

Conveniently Located in Gilbert AZ 85233

Gilbert AZ 85233 is one of the most convenient areas in the entire region.  Within minutes to just about anywhere in Gilbert and close proximity to necessities. This is an active area within walking distance to several parks!  Nearby shopping, restaurants, and convenient access to freeways this a very accommodating location!

You will love living so close to the Gilbert Shopping District, the golf courses, Gilbert entertainment.

Located within just a few miles of Gilbert.

San Tan Mall, Phoenix Sky Harbor Airport, Arizona State University and Gilbert regional Medical center.

The Single Family Homes For Sale in Gilbert AZ 85233 are a great place to call home. You will not be disappointed if you end up living here. You can find Single Family Homes for sale in Gilbert (if there are any available today) as well as all available Gilbert AZ 85233 Single Family Homes for sale on my website.

Free Community and Demographic Reports for

Gilbert AZ 85233school reports 2

Gain valuable insight into the Gilbert AZ 85233 community by looking at household incomes, crime risk, education levels attained, and potential for extreme weather. Use the map to locate points of interest like shopping, restaurants, and health care services.

Search for Single Family Homes in Gilbert AZ 85233 by local schools including:

Gilbert Elementary School

Islands Elementary School

Mesquite Jr High

Mesquite High School

The quality of a school can greatly influence home values in an area. Access detailed information on Gilbert School District, school ratings, test scores by grade, student-teacher ratio, and much more. You may need to scroll down the page after you put the zip code in.

Thank you for reading about Single Family Homes For Sale in Gilbert AZ 85233. 

 Provided courtesy of the Bradley Potter, PLLC Home Selling Team
Homesmart Realty
Hire a positive and proactive Team of Realtors to help you find your next home!
Call or text 480-239-5468 for information on Buyer’s Representation Services
(NO COST TO HOME BUYERS)
Search entire Arizona MLS for FREE at www.MyPhoenixAreaHomes.com/search
Get a FREE report on YOUR HOME’s Value at www.MyPhoenixareahomes.com/sell
Like us on Facebook! Facebook.com/BradleyPotterteam

How to buy a Home in Gilbert Arizona with a Low Down Payment

How To Buy A House With A Low Down Payment in Gilbert AZ

Is a big down payment the only thing stopping you from tackin advantage of the most affordable real estate market in decades?  Check out this quick video to discover why you might be closer than you think.

Low and No Down Payment Loan Programs

The Bradley Potter,PLLC Home Selling Team for Gilbert has partnered with Bill Geis at People’s Mortgage Company.  Together we help our clients to achieve the dream of home ownership.  Over the years we have assisted many Arizonan families in purchasing homes with little or no down payment.  We are very experienced with VA Zero Down Financing, FHA Financing and conventional loans for Arizona family and friends.  Fill out this simple form to see what programs you qualify for!

Skilled Negotiations Can Save You Money

Once you have found a home and are ready to make an offer, it is very important to work with a Realtor with experience negotiating.  We can negotiate for all closing costs to be paid by the Seller.  This keeps more money in YOUR pocket.  If you qualify for a VA loan, we can negotiate terms which require no money down.  Contact us today to find out what other negotiation strategies we can put to work for you!

Free Pre-Qualification

Pre-qualification acts as a dry run of the loan application process. The mortgage lender will use details you provide about your credit, income, assets and debts to arrive at an estimate of how much mortgage you can afford. The whole process may take only minutes or a few hours at most, and is free.

While a “pre-qual” is non-binding to the lender (because the information you provide has not been verified), it does serve as a good indication to potential sellers of your general credit worthiness.

These days most sellers will NOT accept an offer without at least a pre-approval letter, so if you are serious about buying this is the first step towards getting you in your new home.

Free Community and Demographic Reports for Gilbert.

Gain valuable insight into the Gilbert AZ community by looking at household incomes, crime risk, education levels attained, and potential for extreme weather. Use the map to locate points of interest like shopping, restaurants, and healthcare services.

The quality of a school can greatly influence home values in an area. Access detailed information on Gilbert School District, school ratings, test scores by grade, student-teacher ratio, and much more.

Click this link for a list of the hottest buys in Gilbert.

History is being made.  When you look back, will you say

“I wish I had…” or “I’m so glad I did!”

Thank you for reading about Low Down Payments For Homes For Sale in Gilbert AZ 85044. 

 Provided courtesy of the Bradley Potter, PLLC Home Selling Team
Homesmart Realty
Hire a positive and proactive Team of Realtors to help you find your next home!
Call or text 480-239-5468 for information on Buyer’s Representation Services
(NO COST TO HOME BUYERS)
Search entire Arizona MLS for FREE at www.MyPhoenixAreaHomes.com/search
Get a FREE report on YOUR HOME’s Value at www.MyPhoenixareahomes.com/sell
Like us on Facebook! Facebook.com/BradleyPotterteam