Phoenix Realtor Warns About Online Property Auctions

The Phoenix news radio station KTAR has warning to avoid online property auctions. The story states that the Realtor "asked not to be identified"!

Here's what the Phoenix Realtor had to say:

"One Valley realtor says she's against them and warns of some pitfalls."

"The banks and developers are using them as an avenue to get rid of properties," she said. "Developers are trying anything at this time to sell their properties and get rid of them because they're in so deep."

This same stuff is happening in Concho, Arizona right now

Phoenix Home Prices Could Fall 30 to 35 percent!

It's a bad time for Arizona real estate and Phoenix home prices. The White Mountains are feeling the pain at the pump. The bread and butter and all the home buyers come from Phoenix. That's where the money comes from and the second home buyers. The Phoenix real estate market is in a free fall right now.

When will the Phoenix real estate market hit bottom? Elliott Pollack had this to say in the Arizona Republic: The bottom of the housing market may occur in 2008 or 2009, but a full recovery will probably take three to five years," said Elliott Pollack, an Arizona economist and real-estate investor.

How low could Phoenix home prices drop? Gandi Kaufmann told the Arizona Republic how low Phoenix will drop: Because of foreclosures, metro Phoenix home prices could fall 30 to 35 percent from 2006's peak and values won't likely return to that high before 2015, said Gadi Kaufmann of the national real-estate advisory firm Robert Charles Lesser & Co.

Source: Arizona Republic Newspaper

Expired Domain Names

Looks like another Concho, Arizona domain name will go up for auction maybe??

Real estate Domain Names can be goood investments.

A good place to find quality expired domain names is at the domain name auctions!

Currently the busiest real estate activity in Concho, Arizona is the weeds growing in Concho Lake!