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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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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