Selling luxury real estate in a recession can be a challenge. Sellers have memories of what their home was worth in 2006 and are loathe to sell for a realistic 2011 valuation.
But eventually if the desire to sell is enough sellers that once over-priced start bringing down the asking price to reinvigorate a listing.
Because the homes are most expensive in Paradise Valley it has seen some of the biggest price reductions.
There’s definitely some good homes out there for good prices and always more room for negotiation. If you are looking for a good Paradise Valley REALTOR be sure to give me a call.
Paradise Valley Homes For Sale | By Largest Percent Price Reduction
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