Pinetop White Mountain Blog

Good Evening Everyone,

Wow, what a busy week.  The buyers are returning to the market and as a result the inventory is dropping.  I have been searching out properties for people for a couple of days and I am amazed at how few listings I have been able to locate for them. 

There aren't too many foreclosures left in our market, at least right now, but we are starting to see more Short Sales.  This may be the year of the Short Sale in the White Mountains.  They haven't been too prevalent before but we are seeing more and more of them now.  I'm sure it is a result of Sellers who have been frustrated by not being able to move their homes in the past year or so.

If you are thinking of buying the market is tightening up a bit so you will need to be diligent in your searches and you need to be ready to move when you find the right property.  Multiple offers are starting to show up on those few remaining REO's and Short Sales.  Short Sales are a challenge, no question about it.  Sellers and Buyers need to be patient because the process is lengthy and complicated. 

I am encouraged this week.  There has been much more traffic than we have seen in a while.  Maybe the signs of Spring are bringing people out once again.  I'm glad to see it, I would much rather be busy than bored.  

Have a wonderful weekend everyone. 

Sandra Paulow, Associate Broker, GRI

Your High Country REALTOR®  (928) 242-0300