Real Estate

ARMLS Distressed Property Report September 27 2012

Here is a video report of the latest ARMLS Distressed Property Report. Although this map shows the entire Metro Phoenix area, we concentrated on the Central Scottsdale and Paradise Valley areas. The market in general is still tight with inventory, and the Central Scottsdale and Paradise Valley markets boast some of the healthiest numbers in the Valley. McCormick Ranch and 85258 clocking in at 14% of all listings being distressed, quite low overall. The outer-lying areas of the Valley are still very much distressed markets. This report goes a long way in determining the health of certain zip codes if you are looking for a place to call home, or distressed areas to zero in on if you are an investor looking for a deal. Let us know how we can help.

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