Las Sendas Real Estate Market shows signs of life
Mesa, AZ, USA - April 28, 2011
According to the Arizona Regional Multiple Listing Service, on April 23, 2011, Las Sendas has 94 homes that are currently “Active” on the market. Of those, 7 (7%) are lender-owned listings (bank-owned, REO’s, foreclosed), 11 (12%) are short sale listings (sold before foreclosure date), 1 (1%) is a relocation listing, and 75 (80%) are traditional listings.
At the same time, 50 Las Sendas homes are either pending or AWC (active with contingencies). AWC means they are under contract and waiting for contingencies to be met. Of those, 3 (6%) are lender-owned, 26 (52%) are short sales, 2 (4%) are relocations and 19 (38%) are traditional sales.
Over the period from 01/15/2011 to 04/15/2011, 60 Las Sendas homes were sold. Of those, 16 (27%) were lender owned, 12 (20%) were short sales, 1 (2%) was a relocation and 31 (52%) were traditional sales.
Potential buyers shouldn’t wait. With a strong buyers market, combined with nearly all-time low mortgage rates, now’s the time to get a great deal on your dream home. Please visit our website at: www.HomesForSaleInLasSendas.com.
Las Sendas MLS Listings as of April 2011
Number
Number of Pending Number
of Active or AWC of Sold
Listing Type Listings Listings Listings Total
Bank-owned 7 3 16 25
Short Sales 11 26 12 49
Relocation 1 2 1 4
Traditional 75 19 31 125
Total 94 50 60 204
Mike and Jackie Dokos are seasoned REALTORS® focusing on the Las Sendas real estate market. They are “Buyer’s Agents” in over 80% of their transactions. Buyer’s Agents are hard to find, as most agents become “Seller’s Agents”.
Buyer’s Agents are hard to find, as most agents become “Seller’s Agents”. Buyer's agents represent buyers in the transactions. They negotiate the best terms for the buyer as opposed to the highest terms for the seller. They can also provide very valuable information about the property that may not need to be disclosed by the seller’s agent, but may affect the buyer's decision, price or terms. They guide the buyer through the transaction, including identifying and explaining inspections, closing costs, and mortgages.
They are the authors of the “Las Sendas Market Watch” newsletter that they publish monthly, containing valuable and current real estate information exclusively for Las Sendas. They have been residents in Las Sendas since 2004. Their website allows free access to the local MLS at www.HomesForSaleInLasSendas.com.
Contact:
Mike and Jackie Dokos
Rock Point Realty
3522 N Sonoran Hills
Mesa, AZ 85207
Phone: (480) 214-5557
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