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From the category archives:

Home Buyers

Senate OKs new tax credit closing date

June 16, 2010

 

The Senate has amended a bill to give homebuyers who were under contract on a home purchase by April 30 an additional three months to close the deal and claim the federal homebuyer tax credit.
Extending the deadline for closing from June 30 to Sept. 30 would allow lenders more time to clear a backlog of [...]

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Ten tips for a smooth moving day

June 14, 2010

The school year has ended and that means many things for those of us in Phoenix: warmer weather, summer vacations and – for many people – moving day. Most families move during the summer when their children’s school is closed. Therefore, I thought this time of year would be a good time to offer some moving day tips.

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Case-Shiller Index: good news for Phoenix real estate

June 12, 2010

I’ve been reporting a lot of data recently and today I’m sharing even more stabilizing news in the Phoenix real estate market. According to the most recent S&P/Case-Shiller Home Price Index, prices of Phoenix homes slipped just a half a percentage point in March and are up 2.4 percent from March 2009.

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Just in: foreclosures down in the Phoenix real estate market

June 9, 2010

Last week, I reported on recent data of foreclosures in the Phoenix real estate market. If you remember, April foreclosures were down 2 percent nationally (year-over-year). This was the first annual decrease in five years.

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Phoenix homes with or without a pool

June 7, 2010

According to my car thermometer, it was 111 degrees today. That’s hot. Which made me think about swimming pools and the often asked question, “Is a pool a value-add to my Phoenix home . . . or a money pit?”

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From the mailbag: tips on buying a bank owned property

June 7, 2010

I was checking my emails this weekend and I received an interesting note from someone needing help in Indiana.  He writes:
“On Thursday, I made a full price offer on a foreclosure listing.  The listing agent told me there were two other offers and that I needed to send him my best offer.  I raised my [...]

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New Carpet – New Paint – Downtown Phoenix Condo at Bank Owned Price!

June 3, 2010

If you are a bargain hunter, then you’ve stumbled upon one of the best deals in the area.

Now this easy-care 2-bedroom/2-bath townhouse is just a 10-minute drive to Chase Field and the Phoenix Convention Center. You’ll enjoy a roomy family room with wood floors, conventional kitchen with appliances included, granite countertops, balcony, security [...]

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ASU Repeat Sales Index reports a year-over-year increase marketwide in Phoenix real estate

June 2, 2010

At the end of April, I wrote about how – for the first time in three years – there was an increase in the lower-price and foreclosure segments of the Phoenix market.

Well, I’m excited to share this month that – also for the first time in three years – Phoenix-area housing prices are showing an overall – yes, marketwide – year-over-year increase. Champagne, anyone?

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Buying a Phoenix home foreclosure

May 31, 2010

With mortgage rates at record lows and the stock market shaky these days, more and more people are putting money in an asset they understand – real estate. And I’m getting a lot of questions about buying foreclosures. Foreclosures can be a great deal but there are many things to consider when looking into purchasing a bank-owned home. I just urge you to be cautious.

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Happy Memorial Day!

May 31, 2010

I’d like to give a heartfelt thanks to those brave soldiers, and their families, who have given selflessly of themselves to keep us safe.

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