There are relatively few foreclosure homes and condos in Grayhawk compared to other areas of Scottsdale. Grayhawk is a more “mature” community and did not have a lot of construction during the boom years of 2003-2004. As a result there are not as many foreclosures. In newer communities where people built homes at the top of the market there are many bank owned homes. With their homes now worth half of what they owe many people are walking away. We are seeing most of the foreclosures in Grayhawk in the condo and townhomes. Many of these were either rental investments or vacation homes. It is easy to walk away from your investment or second home when times are tough.
Interested in viewing any Scottsdale foreclosures? We would be happy to give you a personalized foreclosure tour anywhere in Scottsdale. Call us at (602) 791-0536 or visit our website http://www.GrayhawkRealEstate.com.
Carmen Brodeur JD
Realtor
Trillium Properties, LLC
9825 E Bell Road, Suite 120, Scottsdale AZ 85260
Cell (602) 791-0536
Carmen@TopScottsdaleHomes.com
www.GrayhawkRealEstate.com
Voted in the Top 3 Realtors in Arizona by the readers of Ranking Arizona Magazine, 2015-2025. Her background as an Attorney gives her special expertise with contracts and negotiations. Carmen has a proven track record of success with buyers and sellers in Scottsdale.
