Responsible for a บ้านจัดสรรภูเก็ต Budget? 10 Terrible Ways to Spend Your Money

Posted by Daphne on June 9th, 2021

Located on the eastern senatorial district, Ikorodu is one of the fastest emerging property markets in Lagos State. About 30 minutes derive from Ojota Bus Stop, this location serves as a gateway between Lagos and Ogun States. Commuters who avoid the Lagos-Ibadan expressway as a result of the occasional traffic grid-lock on the road use the Lagos-Ikorodu road as an alternative route to Ogun State. Ikorodu is about 35 minutes drive to Sagamu in Ogun State.

Development in Ikorodu is rapid as the location is already witnessing a population density evidenced by the heavy traffic situation on the Lagos-Ikorodu road. Popular areas in Ikorodu where development is almost at it's peak are Agric, Ogoloto, Isawu, Ojokoro, Odogunyan, Igbogbo, Igbo-Olomu and Ijede ( location of the Lagos State Mini Water dam power plant ).

Ikorodu is blessed with many estates, both government owned and commercial. Some of these estates are: T.O.S. Benson Estate, Apeke Estate, Ojokoro Village Estate, Alliance Housing Estate, His Glory Estate, HallMark Estate, Jubilee Low Cost Housing Estate, Toma Estate (Owutu Housing Scheme) etc.

Infrastructural facilities in Ikorodu are gradually being improved upon by the Lagos State Government as phuket property previously old, yet to be tarred roads are now receiving the necessary attention.

Water supply to most parts of the town is through privately dug wells and boreholes.

I think many will agree that it seems like wherever you turn the media is continually painting a bleak picture of the current housing marketing. Whether it is in the newspapers or on the five-o'clock news, the stories always seem to focus on the decline in home values and the number of foreclosures and short sales, and rightfully so. Here in Arizona, the housing market has been hit hard with some cities affected much more than others. The cities that have been affected the most are those on the outskirts of Phoenix because of the high number of new developments in just the last few years.

In that sense, Scottsdale has not seen the same rate of market decline as other Arizona cities. According to ARMLS there are currently 5,935 homes listed as active in Scottsdale, and 307 of them are bank owned (meaning they have gone to foreclosure and gone back to the mortgage company). Compare this to Peoria, with 1,876 homes listed as active and 357 being bank owned.

What the media doesn't often focus on is that although the market is down, this can be a great opportunity to buy. So, I was pleased to see an article in last Sunday's paper written by Geri Koeppel about the great opportunity to live in Scottsdale. The article highlights an older area of Scottsdale, primarily the 85257 zip code, which offers more square footage and larger lots than other parts of Scottsdale.

The average cost for a condo or townhome is 0,000, the low being ,000 for a co-op and a high of 5,000 for a three bedroom townhome. Single family homes average 4,000, the low being 5,000 and a high of 5,000. The location offers easy access to major metro areas while having a Scottsdale address. South Scottsdale is in close proximity to major freeways, Tempe and Old Town Scottsdale offering outstanding shopping, dining and entertainment.

The catch is most of these homes were built in the 1950's and may take some work to turn it into the home of your dreams, but not every home is a fixer upper. There are plenty homes that have already had numerous renovations boasting updated kitchens and sparkling pools with large backyards.

So, even with the current state of the real estate market hopefully the media will continue to show both sides and the public will see that there are still great opportunities throughout the valley.

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Daphne

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Daphne
Joined: June 9th, 2021
Articles Posted: 53

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