Phoenix AZ Homes For Sale $175,000 – $200,000 May 2015

Phoenix AZ Homes For Sale $175,000 – $200,000 May 2015

This is a market report for homes in Phoenix, AZ  priced  between $175,000 to $200,000 for May 2015.

 Market Report-Phoenix Homes For Sale Priced From $175,00 to $200,000 prepared by Phoenix Realtor Nancy Laswick June 2015

Single family homes priced between $175K and $200K in the greater Phoenix area are extremely popular with 825 closed sales in April 2015, the highest number since July 2005 and in extremely short supply with only 1357 currently active as of June 1, 2015.

Search Single Family Homes In Phoenix $175,000 – $200,000

Be prepared before you hit the streets. After a look at those numbers it shouldn’t be any surprise that homes in the $175,000 – $200,000 price range are selling quickly. With slightly less than a 2 month supply of homes, home owners are receiving multiple offers on any home worth purchasing and they aren’t accepting offers from unqualified buyers. If you’re hoping to buy a Phoenix home in this price range you’ll need professional guidance to help you get prepared and get the home you want.

First things first. Find a Realtor® that specializes in the area of Phoenix you’re interested in and one that you feel comfortable with—you’ll be spending a fair amount of time together.

If you don’t already have a lender ask your Realtor® for a referral to the mortgage brokers they have worked with and trust.

Bank or Mortgage Broker? I prefer to work with a mortgage broker rather than a bank for some very specific reasons that you can read about here.

Once you decide on a mortgage broker they will walk you through the process of getting qualified.

Have your Realtor® set up a Automated Listing Alert customized specifically for the features you want in a home. These email alerts will let you know, in real time, new listings that come on the market so that you can immediately tour them online and decide whether or not to tour them in person.

Time is critical when you’re house hunting in a low supply high demand market so Automated Listing Alerts are an absolute must have tool when searching for Phoenix, AZ homes for sale in the $175,000 to $200,000 price range. Armed with your pre-qualification form and the latest listings from your Automated Listing Alerts you’re ready to hit the streets with your Realtor® and make an offer on the perfect home for you.

All the information in Phoenix AZ Homes For Sale $175,000 – $200,000 May 2015 is deemed reliable but not guaranteed.