Mortgage And Real Estate News

Monday, March 18, 2013

Speedy home sale reflects recovery in housing market

Imagine putting your house up for sale and selling it a day later.

A few years ago that would have been unlikely but it is exactly what happened to a Scottsdale couple last month.

Vivien and Helmut Stampf listed their four-bedroom home southwest of 94th Street and Thunderbird Road for sale Feb. 1 for $385,000. They had 28 viewings in two days and four offers by the end of the second day. Three of those offers were above the asking price, Vivien Stampf said.

Read more: Speedy home sale reflects recovery in housing market

Reuters: Business News

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