Fountain Hills, AZ Bank Owned Foreclosed Homes for Sale the week of 8/31/11
31 Bank Owned Foreclosed Homes available on the Fountain Hills Real Estate Market the week of 8/31/11. This is 1 less than last week.
The Fountain Hills Bank Owned Foreclosed Real Estate that is for sale seems to disappearing. For most of the year we’ve been holding steady between 35 and 40 homes for sale. Lately we’ve been running between 29 and 34 foreclosed homes. It will be interesting to see if this trend continues or if the Banks will release some of the so called “Shadow Inventory” That I suspect does NOT exist in the Fountain Hills Real Estate Market.
Real Estate Investors know bank owned, foreclosed homes just won’t last forever and are snapping them up as fast as the hit the market. Particularly the lower priced single family homes which make excellent rentals. The Bank Owned homes over a Million Dollars are still sluggish but lower priced Condos, Apartments, Townhomes and particularly Duplexes and Single Family homes that are for sale are moving very fast in most cases. Fountain Hills is one of the best places to bring your family or winter. Fountain Hills, AZ is home of the world famous fountain, but it’s also the home of Sheriff Joe the toughest Sheriff in the West and one of Fountain Hills most intriguing citizens.
Visit Fountain Hills, AZ Real Estate Bank Owned Foreclosed Homes to see them all.
Charming Fountain Hills, AZ Homes for Sale Have Something for Everybody
Gold is to pricey! Stocks have crashed! Real Estate interest rates are at historical lows, while rent prices are going up. Invest in Real Estate!
Fountain Hills, AZ Inventory is now below 4 months! 6 Months inventory is considered normal. 4 months is considered a SELLERS MARKET!
If you’ve been waiting on the sidelines you might have waited too long.
There are many homes that are not Bank Owned or Foreclosed available that are priced to be competitive with the market. Even though some of these are Short Sales, which remain troublesome, many are people selling because they have to relocate or for other reasons. The only way these homes will sell is to price them at fair market value. So don’t overlook an opportunity to buy just because it’s not a Bank Owned Foreclosed Home.
For a complete list of all the homes available on the Fountain Hills Real Estate Market and the Surrounding Communities of Rio Verde and Goldfield Ranch visit,
Fountain Hills, AZ Real Estate
This week Bank Owned Homes for sale in Fountain Hills range in price from $31,500 for this Fontana Condo to $1,650,000 for a Eagles Nest Mansion that is new on the market as of today!
Eagles Nest Fountain Hills, AZ the finest in Fountain Hills
Price: $1,650,000
Bedroom(s): 4
Bathroom(s): 4.5
Square Feet: 6623
Year Built: 2008
Spectaluar views from every room and patio in this custom home built in 2008! Cathedral ceilings, ornate light fixtures, travertine throughout, gourmet kitchen, glass butted wall for a 360 view day and night! Great Room, Game Room, media room, formal dining room with butlers pantry, breakfast nook, elevator, outdoor kitchen, 8 patios, pool/spa, each bedroom has private bath. Stunning master suite with gas fireplace and custom designed closet. His/her sinks with huge shower and sep jetted tub. Too much to list, see virtual tour and photos!
| Features: | 9+ Flat Ceilings,Wet Bar(s),Soft Water Loop,Fire Sprinklers,Elevator,Drink Wtr Filter Sys,Central Vacuum |
| Kitchen Features: | Built-in Microwave,Walk-in Pantry,Refrigerator,Range/Oven Gas,Pantry,Multiple Ovens,Kitchen Island,Granite Countertops,Disposal,Dishwasher,Cook Top Gas |
| Exterior Features: | Balcony/Deck(s),Patio,Covered Patio(s),Built-in BBQ |
| Additional Bedroom: | Master Bdrm Split,Separate Bdrm Exit,Othr Bdr Walkin Clst,Other Bdrm Split,Mstr Bdrm Sitting Rm,Mstr Bdr Walkin Clst |
| Community Features: | Biking/Walking Path,On-Site Guard,Guarded Entry,Gated Community |
| Parking Features: | Attch’d Gar Cabinets,Separate Strge Area,Electric Door Opener |
| Architecture: | Santa Barbara/Tuscan |
| Cooling: | Refrigeration |
| Dining Area: | Breakfast Bar,Formal,Breakfast Room |
| Dwelling Type: | Single Family – Detached |
| Landscaping: | Auto Timer H2O Back,Yrd Wtring Sys Front,Yrd Wtring Sys Back,Natural Desert Front,Desert Back,Auto Timer H2O Front |
| Association Fee Includes: | Common Area Maint,Street Maint |
| Fencing: | View/Wrought Iron |
| Fireplace: | 3+ Fireplace,Gas Fireplace,Fireplace Master Bdr,Fireplace Family Rm,Firepit |
| Heating: | Electric Heat |
| Horses Allowed: | N |
| Level: | Two Levels |
| Master Bathroom: | Bidet,Tubs with Jets,Separate Shwr & Tub,Full Bth Master Bdrm,Double Sinks |
| Other Rooms: | Bonus/Game Room,Media Room,Great Room,Family Room,Den/Office |
| Planned Community: | Eagles Nest |
| Private Pool: | Heated Pool,Pool – Private |
| Property Description: | Adjacent to Wash,Mountain View(s),Hillside Lot,Corner Lot,City Light View(s) |
| Roofing: | All Tile |
| Sewer: | Sewer – Public |
| Spa: | Spa – Heated,Spa – Private |
| Utilities: | Butane/Propane,SRP |
| Water: | Pvt Water Company |
| Special Listing Condition: | Court Approval Reqd,Lender Owned Prop |
| Lot SqFt: | 43584.00 |
If your looking for more information on the Town of Fountain Hills, Things to Do, Reviews, Views from Eagle Mountain, Eagle Nest, Sunridge Canyon, Firerock Country Club, Rio Verde, Tonto Verde and Goldfield Ranch be sure to follow my Posts at, Fountain Hills Information.
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I’ve been a resident of Fountain Hills, AZ since 1973. If your considering buying or selling a home in Fountain Hills it’s important that you have an Agent that knows the community and its resources.
The weather in Fountain Hills is HOT! We might even break a record or two. Our monsoon season is in full swing and we even had some rain. The mornings and evenings are perfect for a walk around the Fountain Park but you better have some sun screen.
If you would like more information on Fountain Hills or the Real Estate Market contact me!
Mark Gridley, Realtor
TecKnow Real Estate Agent
eXp Realty
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