Sorry to all of you who like to monitor these reports. I have been extremely busy (surprise, surprise!) and this was the first week I had to get caught up. As soon as the economy started tanking, my phone started ringing off the hook. I had several new listings that sold in a matter of days as well as buyer clients of my own in town.
No one was more surprised than I was over the flurry of activity. I thought for sure the day the stock market started sliding, sales would come to a screeching halt. Could it be people are looking for a place to move their money to? If you are planning on owning a retirement getaway and expect to use it for several years, this is probably a pretty good investment. I just read again in AARP that one of the more than 76 million boomers turns 50 every 7.5 seconds. And with people looking for warmer winter climates, Arizona will continue to be the destination of choice for many.
I think this could be a busy year for sales in Sun City Grand. In fact, many of the areas most active realtors are seeing an uptick in activity like me. There are a lot of baby boomers that have been sitting on the fence for the last couple of years. With interest rates still at an all time historical low... and with the home prices close to what they were 4 & 5 years ago, I think some have decided to make their move. It will be an interesting year to say the least.
Click on the links below to see recent closed escrows in Sun City Grand
Sold in Sun City Grand - September 2008
Sold in Sun City Grand - October 2008
Sold in Sun City Grand - November 2008
Archived Sales in Sun City Grand