The best website for searching Prescott area real estate
Prescott area foreclosures and distressed properties for sale. Real Estate near Prescott, AZ, Prescott Valley, and Chino Valley selling for a fraction of the market value. PrescottArizonaHouses.com is helping to answer the following questions. What is the foreclosure market like in Prescott, Arizona? Have we hit the bottom finally in the distressed market in Prescott, AZ? Looking for investment properties for cheap in Prescott, AZ? Buying a foreclosure or short-sale property in Prescott, AZ? Cash buyers versus pre-qualified loan purchases regarding negative equity homes for sale in Prescott. Does Prescott, AZ have a shadow inventory? Are foreclosure properties in Prescott really cheaper?
The Prescott market has definitely bottomed out. Check out the Prescott Market Report page for real-time stats on the foreclosure market. Recent years and even months have shown that the foreclosure market in Prescott is almost completely gone. There will always be some foreclosures and short sales in any market, however, Prescott Arizona has recovered from this crisis with only a 2-5% of the entire housing inventory (down from 55%) considered to be "bank owned" or REO. By the way, REO stands for "Real Estate Owned".
Use our search tool to target all the latest bank owned properties around Prescott currently available for purchase!
Matt White Realtor® - SRS
Branch Manager - Prescott, Arizona
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