Prescott Real Estate News Blog's purpose is to keep current, past, and potential clients apprised of the real estate market conditions for the Prescott, Arizona Area. National and state news and events will be posted but special emphasis will be placed on Prescott Area and the Yavapai County - Prescott, Prescott Valley, Chino Valley, Dewey and Kirkland/Skull Valley.
-Prescott Real Estate News
Election 2012 Housing Heat Maps: Is Your County's Housing Market Better Off Than Four Years Ago?
These heat maps are part of RealtyTrac's Exclusive Election 2012 Local Housing Market Health Check and cover home prices, unemployment, foreclosure inventory, foreclosure starts and distressed sales share. Complete Story
Foreclosure Activity Drops to 5-Year Low in September
By RealtyTrac Staff
Foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 180,427 U.S. properties in September, a decrease of 7 percent from the previous month and down 16 percent from September 2011. September's total was the lowest U.S. total since July 2007. The decrease in September helped drop the third quarter foreclosure numbers to the lowest level since the fourth quarter of 2007. Foreclosure filings were reported on 531,576 U.S. properties during the quarter, a decrease of 5 percent from the second quarter and a decrease of 13 percent from the third quarter of 2011. Complete Story
Here are some of the most recent Investment opportunities in the area.
Swing State Housing Scorecard: Narrow Obama Victory in Virginia
By Joel Cone, Staff Writer
Barack Obama broke the mold back in 2008, becoming the first Democrat in the past 10 presidential elections to count Virginia in the win column, reportedly thanks to changing demographics in the region. Whether he can muster a repeat performance this time around depends on a number of factors, including the condition of the state's housing market. Complete Story
Foreclosure Trends : September, 2012
Notice of Default (NOD)
A non-judicial document filed by a trustee that starts the foreclosure process. More about NOD
Lis Penden (LIS)
Notification of pending lawsuit. A judicial document filed by an attorney or trustee that starts the foreclosure process. More about LIS