White Mountains Arizona Real Estate, Show Low, Pinetop-Lakeside, Linden, Vernon real estate, listings,land, arizona real estate, high desert arizona real estate, real esate buyers, real estate sellers,cabins for sale in arizona,vacation homes, retirement homes, new homes,custom homes, Sell Properties LLC, Pinetop, AZ - horse property in Arizona, arizona real estate Whether you're buying
or selling White Mountains
Property, Bruce & Pam
Wachter have the experience
knowledge, and friendly
attitude to make the process
pleasant for you!

Call us for all your White
Mountains Real Estate needs!







             To Do List

   Buy Our White
            Mountains
      Vacation Home!


      Here's Why!   


2007-2008 - It's A Great Time to Buy White Mountains Real Estate
  1. 1.  Selection, selection, selection. There is a deep and wonderful inventory of resale homes on the market in the White Mountains of Arizona. Just plenty of homes regardless of the desired price range-- lots of good choices for all buyers. Just a couple of years ago, the resale inventory was extremely shallow. Buyers were more likely to have to make compromises if they were going to find the home or cabin of their dreams-- and that included having to consider other areas, some further away from the locations they most desired. There is now a great selection of single-family homes, cabins, condos, and townhouses. And there are choices of lot sizes, too. Just many, many options.

  2. 2.  No Bidding Wars, No Multiple Offer Situations. In 2004, 2005, it was not unusual to have buyers make several offers on several homes, just to even the odds that they would get to buy one. Or, in the feeding frenzy, we watched as homes got "bid up" and up, and up substantially higher than the asking price. Like eBay, buyers did authorize their agents to automatically outbid other offers by sometimes thousands of dollars. Happily, there is no competitive bidding in the current market.

  3. 3.  You Can Make an Offer! A few years ago, many times, when a buyer made an offer, the only question was how high above the list price could the buyer reach in hopes of being the best offer on the table. Today the sell price list vs. price ration is about 96%. A seller will not be insulted if you 'make them an offer they can't refuse'. We encourage our buyers to make a strong run against asking price, and we've been very successful in getting really "good deals" routinely.

  4. Patience is Tolerated and Rewarded. In the hot seller's market that existed everything was rushed. Find a house before other buyers found it. Hurry, hurry, hurry and make the offer.  Today buyers can take their time and compare homes, work with us to develop offering strategies. Weigh decisions.

  5. Due Diligence is Back in Style. In the market a buyer feels encouraged and entitled to obtain a home inspection, termite inspection, and appraisal. In 2004 and 2005, 2006 many buyers waived these very important contingencies in order gain an advantage with multiple offers, or to try to ensure success with their offer.

  6. There are Plenty of Specs (builder homes). In the not too distant past, new construction was beseiged with buyers because new construction was limited. Now there's plenty of new construction available for consideration, and builders are offering more incentives, upgrades, help with financing, than previously. Many specs are ready for immediate occupancy, too.

  7. Repair Requests are Back in Vogue. As always, after buyers completes a home inspection, they are allowed to submit a repair request to the seller. In the past many sellers insisted the home was being sold 'as is'-- no repairs would be made, take it or leave it. Many times, there were back-up buyers waiting for a primary buyer to upset the seller whose home was increasing in value almost weekly. The "take it or leave it" seller mentality is largely absent in our market today.

  8. Investors Flushed Out of the Market. It is estimated that one third of all sales in 2005 were to investors, and similar numbers in 2006. These non-owner occupied buyers caused the market to inflate and affordability to decline. Mortgage fraud became commonplace. It's a great time to buy without having to compete with hundreds of prospective landlords or greedy flippers. Their day in the sun is over, and buyers can smile with relief that this price ratcheting influence is largely gone.

  9. Location, Location, Location. Today's buyers can find vacation homes in more areas than ever before. They don't have to search remote or outlying areas to find more affordabiity. Some areas will always present challenges price-wise, but moving out in smaller circles from high-priced areas doesn't mean moving out into nowhere.

  10. REAL Financing is Available. The sometimes dangerous zero down, no doc, adjustable, sub-prime loans are gone. Fixed rates are back, and that's a good thing. FHA financing, first time homeowner bond programs, special loans for teachers, and police officers are back in business.

    All in all, this is the most favorable time in recent years to buy White Mountains Arizona real estate.