It is interesting to note that both the average Regular sale price and the average Lender Owned sale price declined at a rate 5.6% while the average Short Sale price declined at a rate of 11%. Further, the number Short Sales was up 60% in 2010 versus 2009. The 11% drop in Short Sale prices versus the 5.6% price decline for other market sectors and the 60% increase in the number of Short Sales clearly indicate that the banks are approving short sales at unprecedented prices and at an unprecedented rate. The missing link in the real estate recovery has been the banks co-operation. It is appears that they are finally stepping up and doing their part to resolve the housing crisis, at least in the Ahwatukee market. Let’s hope the trend continues.
Homes Ahwatukee Real Estate, Active, Sold, Foreclosed, Short Sale Weekly Analysis: December 23, 2010, Ahwatukee Realty Analysis, Current Ahwatukee Homes For Sale Active Listings Today:607 Pending Sales Today: 129 Homes Ahwatukee: New Listings This Week Homes Ahwatukee: New Foreclosed Listings This Week Homes Ahwatukee: Closed Listings This Week Ahwatukee MLS Home Search (Click Here) to […]