April 18, 2024 6:36 am
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Rim Country real estate market finally heating up

An 8,800-square-foot Rim Club estate called Majestic Mountain is on the market for $5.5 million.:/ Photo courtesy of Suzy Tubbs, ERA Young Realty and Investment
An 8,800-square-foot Rim Club estate called Majestic Mountain is on the market for $5.5 million./ Photo courtesy of Suzy Tubbs, ERA Young Realty and Investment

By Alexis Bechman | Payson Roundup

Things are on the upswing in the Rim Country real estate market with more home sales and buyers paying more for them, continuing a three-year trend.

Realtors report seeing higher sales and shorter days on market as the market continues its rebound since the 2008 recession crashed the local market.

Jim Lewin, president of the Central Arizona Board of Realtors (CABOR), said the market started to turn around in 2013 and every year since then, things have only improved.

Continued:

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.