Once immune to real estate market downturns, has been hit hard by the current down cycle.  The combination of a depreciating real estate market, nationwide recession and last year’s stock market meltdown has had a significant impact on the foreclosures Arizona luxury foreclosure housing market!

In the past year, the price of Arizona luxury homes has dropped dramatically, particularly in the popular Scottsdale and Paradise Valley communities.  In some instances, home values have dropped as much as 30%-40%.

The key to both buying and selling Arizona luxury property in the current market is understanding the current value of the property you are trying to buy or sell, having the tools to negotiate the best deal possible and understanding how to navigate the complex aspects of bank owned and short sale transactions.

We have experts available to answer your questions 7 days a week and a professional team of specialists ready to assist you with your Arizona Luxury Bank Home needs.

Please contact us at 480-861-6274 or info@azluxurybankhomes.com for more information.