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Homes values in Camp Verde have fallen off the cliff with more downside very likely. I'm seeing Camp Verde homes built in 2005/2006 selling for 35% off their original sales price. Camp Verde people paying off a mortgage at 2005/2006 prices are seriously screwed if they must sell and move. Property/school taxes are surprisingly high for the quality of life/amenities to residents. Realty agents in the area are now using sales pitches that sound for all the world like "come steal a bargain", and this is after they rode the "better get in and not miss out" commission bonanza during the run-up. Until the large number of foreclosures are cleared from the Camp Verde market, it's dire times for must sell sellers.
Here are some online stats about Camp Verde 2009:
As of 2009, Camp Verde (zip 86322)'s population is 11,230 people. Since 2000, it has had a population growth of 12.41 percent.
The median home cost in Camp Verde (zip 86322) is $151,240. Home appreciation the last year has been -17.20 percent.
Compared to the rest of the country, Camp Verde (zip 86322)'s cost of living is 4.42% Higher than the U.S. average.
Camp Verde (zip 86322) public schools spend $4,022 per student. The average school expenditure in the U.S. is $6,058. There are about 20 students per teacher in Camp Verde (zip 86322).
The unemployment rate in Camp Verde (zip 86322) is 8.40 percent(U.S. avg. is 8.50%). Recent job growth is Negative. Camp Verde (zip 86322) jobs have Decreased by 5.20 percent.
Last edited by bongofury; 11-01-2009 at 05:33 PM..
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