Arizona as a whole has been affected greatly by the housing market collapse. What has been an area of unprecedented growth over the last ten years has now shown a fair amount of uncertainty among home buyers and investors alike.
There is a spark of hope however for the residents of Kingman; Home sales have increased as well as listing prices for the area over the last couple of months according to Trulia, a respected name in real estate statistics and foreclosure trending.
There are plenty of real estate professionals available to help the prospective homeowner obtain a great buy in the Kingman Arizona area. Selling your home through unfortunate circumstances such as job loss or a less than affordable mortgage interest rate can be hard enough. Professional mortgage brokers and Realtors alike can help you navigate the process.
The outlook for Kingman is a little sunnier than most hard hit areas of the country. The average crime rate for the city is much lower than the national average. The agreeable weather and strong industry makes the town of Kingman a very viable place to raise a family.
The median sales price of foreclosures and retail home listings in the Kingman Arizona area at the present time is currently around $96,000. Current mortgage interest rates are at an all time low. No matter what you are looking for in terms of size or affordability, there are plenty of properties to fit you and your family’s needs. Now is the time to buy a foreclosure in Kingman!