Tempe AZ housing market for 2009, focus on N. Tempe zip code 85281

Video 66: Today we take a look at Tempe AZ zip code 85281 and the housing market for the past year. 2008 to 2009 in Tempe’s 85281 saw the volume stay the same, but prices were way down. In 2008 there were 5 properties that sold for more than $995k in 85281, but in 2009 the highest price for a house was $520k. All of the units over $995k last year were condos down around the Tempe Town Lake, where this year that area saw almost no activity. Would love to hear your thoughts, you can leave a comment or e-mail me Dean Ouellette.

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Buying Tempe foreclosure condos and foreclosure buying tips

Video 12: Talking to an owner at the Northshore condominiums in Tempe by Tempe Town Lake a discussion arose on purchasing Tempe condos for investments. When purchasing foreclosures there are some strategies to getting the deal structured to put you in a good position. But with foreclosure buying strategies there are some dangers involved. Make sure you are working with a Realtor who has closed a lot these foreclosures this year. If you want to talk about buying a Tempe foreclosure condo or any foreclosure unit please e-mail Dean Ouellette. You can see a list of Northshore condo units for sale here.

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