Friday, May 2, 2008

10% of Tempe Houses under $200K are Bank Involved

Tempe, AZ, home to ASU (Arizona State University) has always been a good investment prospect. Due to it's location, central to the whole Valley, easy access to anywhere in the Valley, and it's close proximity to ASU, Tempe homes have always made convenient rentals.

Now is a great time to buy property in Tempe, AZ.
There are currently 527 houses for sale in Tempe and 396 Tempe Condos and Townhomes for sale. Of these, 10% of the houses are priced below $200K and almost half of the condos are.
5% of the Tempe condos / townhomes priced under $200K are either bank owned properties or short sales. 23% of the houses for sale in Tempe priced under $200K bankowned or Tempe short sales.

If you're looking for a Tempe, Arizona investment property, now is a great time to look. If you're an out of state investor looking to buy, contact Tempe Arizona Relocation and Investment Realtor Tracey Lee to help you with your rental that she'll help you find.

For more information on Tempe homes for sale, Tempe Arizona investment property, and Tempe, AZ ASU housing market information, visit my
website for general information about Tempe, Arizona and Real Estate near ASU.


To compare Tempe homes to nearby Ahwatukee homes priced under $200,000 visit my Ahwatukee Blog too.
For information on Arizona foreclosures and short sales, relocating to Arizona, and Arizona real estate for sale in Scottsdale, Gold Canyon, Chandler, Gilbert, Mesa, AZ and more, please visit my website Scottsdale Arizona Real Estate.