Phoenix Real Estate-Phoenix Homes For Sale

Phoenix Real Estate-Phoenix Homes For Sale

From the category archives:

Real Estate Trends

Phoenix Real Estate on Realtor.com – Location and Economics are Keys to Stabilization

July 30, 2010

I was featured on REALTOR.com® again – they posted a blog I wrote called “Location and Economics are Keys to Stabilization.”

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Just Out Today – foreclosures up in 75 percent of metros. What?!

July 29, 2010

RealtyTrac® the leading online marketplace for foreclosure properties, released today its Midyear 2010 Metropolitan Foreclosure Market Report. The news was grim. It showed 154 of the 206 U.S. metropolitan areas with a population of 200,000 or more posted year-over-year increases in foreclosure activity – that is an astounding 75 percent.

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Understanding Short Sales

July 27, 2010

I blogged recently about short sales being up 600 percent from two years ago. I’ve also blogged recently about how – in my opinion – short sales are the new wave in real estate.

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Getting a Mortgage while Pregnant

July 22, 2010

I wrote recently about clients of mine who are expecting twins soon. Their process for obtaining a mortgage was smooth but a New York Times article this week made me worry about future clients who are expecting and wanting to buy a home.

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Going Solar

July 21, 2010

One of the great things about living in Arizona is the inexpensive heating cost in the winter. Having family who grew up in New England, I know they routinely spent over $600 a month in heating costs. This isn’t something we need worry about in the Phoenix area. However, during the summer when temps can reach 110+ our cooling costs can cause our wallet a bit of pain. Fortunately, there is something we can do about this. The same sun that heats up our house and our pool and makes it necessary to park in whatever shade we can find, can also be used to reduce our energy bills.

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Phoenix is HOT! And so are the mortgage rates

July 17, 2010

I know I blog about mortgage rates a lot. Partly this is because I just cannot believe how the rates have remained so low for so long. Mortgage rates were unchanged this week and were – yet again – at the lowest point in decades.

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More Research Encourages Buying (versus renting) a Phoenix Home

July 15, 2010

Credit Suisse reported data this week putting numbers to something we already suspected: it can be less expensive to own a home than to rent.

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Sales up in the Phoenix housing market . . . and foreclosures too

July 8, 2010

The latest Realty Studies report from Arizona State University’s W. P. Carey School of Business came out this week. As in my blog post on Tuesday, news is mixed.

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Mortgage Fraud Arrests and Crackdown Strikes Phoenix

June 18, 2010

Finally!  In cased you missed the article in today’s Arizona Republic, arrests and prosecution of those committing mortgage fraud are on the rise. Since the beginning of March, there have been 51 Arizona indictments with 13 convictions.
Meanwhile, a recent Businessweek article reported that a man from Henderson, Nev., was recently sentenced to 1-2.5 years in [...]

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As Phoenix Real Estate Stabilizes, Mortgage Applications Jump

June 16, 2010

There has been a lot of data recently to support the notion that the real estate market is stabilizing. And last week, the amount of customers applying for mortgages jumped 18 percent. Yet another sign that the market is becoming stable.

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