Maricopa still flooded with Foreclosure properties

I just made a tour of properties for sale in Maricopa and found the market is still flooded with foreclosure properties.  If you’re in the market for a deal and don’t mind a bit of a commute ( I personally would still pick Maricopa over Queen Creek) there are smokin’ deals to be had.  Out of 44 homes that my buyer tagged as “Favorite” under the $170,000 price tag, 40 of them were foreclosure properties.

You’ll find plenty of 2200+ sf homes with granite counter tops and plenty of other upgrades for under $150,000.  There’s a feeling within every home, however.  It’s the feeling of a dream that has died.  I can’t help but feel sorry as I walked through homes that were obviously loved and lost by a family.  Especially touching was a bedroom in one of the homes that held a forgotten box of a little girl’s bowling trophies.

Of course there are homes out there that were totally beat up as well, so you have to weed through them.  Speaking of weeds..one home had a backyard so full of weeds, you could barely make out the fact that a trampoline had been left behind.  Another had a pool full of greenish/black thick water, kinda like something from the “Creature from the Black Lagoon”.  (Yes, I did report that one to the county)

I’m personally ready for the foreclosure and short sale boom to be over even though my buyers did pick up a beautiful 2300 sf home with granite counter tops in Rancho El Dorado for under $130,000.

Do you think the family that lost their home would feel better knowing another person has arrived to love and take care of it?  Or is it like an ended relationship where you would rather see your ex alone and miserable than happy with a new mate?  I’m thinking most “home donor families” hope their lenders never find a buyer for their homes.

As for me?  To all the “home donor families” out there, I send you my prayers for a better tomorrow with another home for you to love.

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Visit www.AmySellsAZ.com for complete weekly market updates on Phoenix East Valley Real Estate.

Amy Jones of the Amy Jones Group specializes in residential, vacation homes & cabins, as well as retirement communities in the communities of Ahwatukee, Chandler, Fountain Hills, Gilbert, Maricopa, Mesa, Paradise Valley, Queen Creek, Scottsdale, Sun Lakes, Tempe and the White Mountains communities of Pinetop/Lakeside & Show Low.