HomeStyle Team Phoenix Real Estate Blog » investment properties http://homestyleteam.com Metro Phoenix Real Estate Information Center from Top RE/MAX Team in Arizona / #48 in WORLD! Fri, 03 Sep 2010 10:34:57 +0000 en hourly 1 http://wordpress.org/?v=3.0 Can I get a house in Phoenix for less than a car? http://homestyleteam.com/2009/10/can-i-get-a-house-in-phoenix-for-less-than-a-car/ http://homestyleteam.com/2009/10/can-i-get-a-house-in-phoenix-for-less-than-a-car/#comments Mon, 26 Oct 2009 14:53:02 +0000 Joe Martin http://homestyleteam.com/2009/10/can-i-get-a-house-in-phoenix-for-less-than-a-car/

The average price of a new car in 2009 was $28,400. The average price of a house sold in the Phoenix are in 2009 to date has been $169,118, but that does not mean you cannot get a house for less than the price of a new car.

As of 10/25/2009 there have been over 2,050 houses that have sold for less than the price of an average car. While prices in the Phoenix area have gone up an average of about 12% since April, that does not mean there are not plenty of opportunities to still pick up these low price homes.

Today as I write this there are more than 300 properties in the Phoenix MLS for sale for less than $28,400.  You can check here for houses that you can buy for less than the price of an average new car.

]]> http://homestyleteam.com/2009/10/can-i-get-a-house-in-phoenix-for-less-than-a-car/feed/ 0 Bidding wars are driving up Phoenix foreclosure prices, but many houses still available under $70,000 http://homestyleteam.com/2009/07/bidding-wars-are-driving-up-phoenix-foreclosure-prices-but-many-houses-still-available-under-70000/ http://homestyleteam.com/2009/07/bidding-wars-are-driving-up-phoenix-foreclosure-prices-but-many-houses-still-available-under-70000/#comments Tue, 21 Jul 2009 16:53:49 +0000 Joe Martin http://homestyleteam.com/2009/07/bidding-wars-are-driving-up-phoenix-foreclosure-prices-but-many-houses-still-available-under-70000/

under70k Bank owned foreclosures are coming on the market at a fast rate in Phoenix, but they are being snatched up as fast as they are coming on the market. It is rare to see a foreclosure under $100,000 come on the Phoenix market and not be under contract in a week. That does not mean there are not deals to be had though.

Many investors right now are looking for houses in the Phoenix market under $70,000. While a home coming on the market at $70,000 is likely to sell above that, there are still plenty of homes to chose from.

At the time of this writing, there were 1,006 active single family detached homes in the Phoenix market with at least 3 bedrooms and 2 baths. These houses are a hot commodity for investors and first time home buyers. You no longer need to go searching, by clicking on this new link we created for single family detached homes with 3/2 you can see all the active listings on the MLS. As the houses are added they will automatically be added here.

Within this search this search you will be able to search even further. So go ahead and book mark this page and come back any time to see what is on the market today.

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