Development Fizzles

Recap on whats going on in the Concho, Arizona Real Estate area: nothing, zip, and zero.

This past 3 years or so I have seen 4 or 5 grand openings published in the local newspapers for land sales, new homes, and or developments.

What a joke! I think the money dried up along with the get rich frenzy that took over the Arizona real estate market.

Arizona Department of Real Estate

Here is the department of real estate website link if you have had any problems with Arizona land or real estate. You can find links on the site to file a complaint with them.

$5,000 Concho Lots Listed For Sale For $50,000!

The market is flooded with people trying to sell $50,000 1/2 acre lots around the golf course that are only assessed for $6,000 or so. These people bought these lots for $5,000 and jacked up the prices to $50,000! LOL! I watched this going on this past year and I feel sorry for the people that paid inflated prices for Concho land.

Some sellers of local White Mountains land and real estate this past year were telling people that they were running out of land to sell in Concho! Oh brother.