The Real Estate market in Arizona is on FIRE with no signs of being extinguished

Dated: July 23 2020

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The Real Estate market in Arizona is on FIRE with no signs of being extinguished

Its all about location and inventory and when you have 100 people, looking in the same Zip Code, for a limited number of properties, it creates a Fire of Urgency and a Housing Battle begins! The above listing image, was a home I sold this past weekend (July 2020) in one of the valley's hottest locations, zip code 85234. This area is located on the Mesa-Gilbert border. Some owners relish the Mesa Taxes but their kids attend Gilbert Schools (a superior school district in some peoples eyes).

This home, was immaculate, from he moment we arrived, I could tell it was going to look flawless inside. Lets fact it, when a home owner takes the time to have the front yard manicured, you know upon entering you're going to have happy clients on your hands, and this was no different.

A nice sized, 3 bedroom, plus office/den, with a Swimming Pool and 2 car garage, north/south exposure with updated flooring, counter tops and appliances made this home very appealing. 

Now, in this crazy market, this home was price a tad bit below market value at just $399,000. With more than one offer at hand, I structured my clients offer in such a way, it would be hard to ignore. While other buyers are being suckered into spending 10's of thousands over list price, my client was able to secure this home for just $1,100 over list price. A WIN in this Market. 

As an added bonus, this 3 bedroom home with a Pool, will have no issues appraising, as originally stated, it was listed a tad bit below market value. Now, if you're not familiar with the Appraisal process, this is the banks way of insuring the home you are borrowing money for is worth what you are financing, 

If you're tired of getting your offers rejected, missing out on a place you envisioned calling HOME, it might be time to change who you are working with. Regardless of the market, I have consistently put up the same numbers of closings, year after year. My average annual production hovers north of $10 Million. The number of transactions vary, but that number is always around 40. The last three years, I've closed 38, 41 and currently on pace for another 40+ year deal. In the past 12 months, I've closed 41. 

I know what I'm doing, I know how to structure offers to get accepted without WAIVING the Appraisal and without removing your RIGHTS as a home buyer. Remember, when you're ready to buy, Call the Real Estate Guy™

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Chris Dunham

Better Business Bureau Accredited Business. Greetings....Chris Dunham here. I am a father of two, consider myself a pretty cool Dad. I love hanging out with my son but at the present time, he is i....

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