Arizona Bargain Properties
An area of 113,998 sq mi, Arizona is the 6th largest state in the US. Its size and the huge variations in elevation, give a varied climate - from the cold winters and mild summers of the higher altitudes in the north to the primarily desert climate of the lower altitudes to the south - mild winters and hot summers.
Prehistoric volcanic activity has created Arizona’s spectacular film-set scenery; luscious pine forests, colorful and majestic gorges, and cactus ridden flatlands.
Great for a holiday home, if not for a permanent abode – ski, trek, horseride; even if you don’t intend to live permanently in your new purchase you will get your money back and more from holiday rentals.
So…how about owning an $810,000 house in Rio Verde, Arizona – overlooking a Walnut orchard and soaring distant tree covered mountains. Beautifully appointed with a den, double garage golf cart garage and more. Overlooking a golf course too! This property’s opening bid is a mere $450,000.
A weak dollar and relatively low mortgage rates have turned houses and other real estate property into the investment of choice for a growing number of investors from other countries. While many buyers are just achieving their own personal dream, others see real estate as a better way to earn money than stocks or other securities. Whichever it is, it is a buyers market now!
A favorable exchange rate has been a big factor in the increase of sales to European investors. The dollar has fallen significantly over the past three years against the 12-nation Euro and the British pound. It is acknowledged that the falling dollar does make U.S. real estate more affordable than in other countries.
The dollar trade rate is the weakest it has been since the 1970s; and interest rates are down - house prices are at their lowest in years... it's a compelling combination for a home buyer.
The increase in foreign buyers comes as the U.S. domestic housing market continues to struggle. Home sales fell 4.3% end of last year to a seasonally adjusted rate of 5.5 million, the lowest number in five years, according to the National Association of Realtors; a 10-month supply of unsold homes is now on the market. This truly is the time to get your skates on and invest in a little bit of America.
At auction, you could become the proud owner of a stunning 20,316 Sq, Ft. lot with architecturally spectacular house, in Rio Verde, Arizona. Mountain, river and golf course views make this piece of real estate unique. Originally priced at $860,000 but now with a starting bid of $475,000…you cannot go wrong!
Visit: http://www.escapeartist.com/International_Real_Estate/Auctions/info/
Email: auctions@escapeartist.com
Call: 1-847-867-7518
The right price for a property is the one decided by a competitive market. Prices have never been so right!